Skip to comments.Bamís boodle bundler
Posted on 02/01/2012 12:18:59 PM PST by afraidfortherepublic
When last heard from, former New Jersey Gov. Jon Corzine was telling a congressional committee he hadnt the foggiest idea what happened to $1.2 billion of his Wall Street clients money.
This, following the $6.3 billion collapse last fall of MF Global, the brokerage Corzine took over after voters ousted him from the Trenton statehouse.
The firm went belly-up after Corzine decided to risk pretty much everything on European debt.
But an audit couldnt account for $1.2 billion, and suggested the firm may have illegally mixed client funds with the companys own.
The Wall Street Journal reported this week that investigators now believe a significant amount of the money could have been vaporized by chaotic MF Global trading.
Corzine, for his part, simply scratched his head in public befuddlement last fall when asked where the missing money might be.
That pretty much scotched any further speculation that Corzine would be named President Obamas next Treasury secretary.
But it hasnt stopped the former governor from continuing to raise oodles of cash for the Obama-Biden re-election effort more than $500,000, according to the campaigns Web site.
(Excerpt) Read more at nypost.com ...
Actually, one of Bam's "kind, considerate, hard-working, volunteer fund-raisers."
And like the money, the story will also vaporize after today. Evidence of such misdeeds only interests the MSM when they involve Republicans/conservatives. And the investigation will also end up a black hole.