Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

MF Global's Corzine Ordered Transfer of Client Funds: Memo
CNBC ^

Posted on 03/23/2012 2:37:22 PM PDT by qwerty1234

MF Global CEO Jon Corzine authorized the transfer of $200 million in customer funds to cover a shortfall just before the broker-dealer collapsed last year, according to a congressional memo.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: corizinecorruption; corzine
Smoking gun....
1 posted on 03/23/2012 2:37:28 PM PDT by qwerty1234
[ Post Reply | Private Reply | View Replies]

To: qwerty1234

I thought Corzine already tole us he didn’t know nothin bout no funds transfer. Media tole us it was all cool.


2 posted on 03/23/2012 2:42:18 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
[ Post Reply | Private Reply | To 1 | View Replies]

To: qwerty1234
Another Friday afternoon DC bombshell.

If you can't cover-up the bad news, try to hide it.

3 posted on 03/23/2012 2:42:28 PM PDT by mojito
[ Post Reply | Private Reply | To 1 | View Replies]

To: qwerty1234

Somehow I don’t see that arrogant pr*ck taking one for the team. If he’s going down, he’ll try to take the whole crew with him....which means they’ll let him get away with it.

Mrs. Prince of Space


4 posted on 03/23/2012 2:45:12 PM PDT by Prince of Space (Be Breitbart, baby!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steely Tom

I thought Corzine already told us he didn’t know nothin bout no funds transfer.

Aw come on ... what's wrong with a little perjury among friends ... doesn't he get the usual allowance for being a good Rat?

5 posted on 03/23/2012 2:53:11 PM PDT by Zakeet (Obozo is to competent as an Etch-A-Sketch is to art)
[ Post Reply | Private Reply | To 2 | View Replies]

To: qwerty1234

Looks like Blago is gonna have a bunkie.................


6 posted on 03/23/2012 2:54:36 PM PDT by Red Badger (If the Government can make you buy health insurance, they can make you buy a Volt................)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

more likely to sleep with the fishes.


7 posted on 03/23/2012 2:57:23 PM PDT by urbanpovertylawcenter (where the law and poverty collide in an urban setting and sparks fly)
[ Post Reply | Private Reply | To 6 | View Replies]

To: qwerty1234

He knows where too many bodies are buried. Those criminals protect their own unless there is a class action suit brought forward.


8 posted on 03/23/2012 2:58:30 PM PDT by Tench_Coxe
[ Post Reply | Private Reply | To 1 | View Replies]

To: Tench_Coxe

Actually Corzine may have a mysterious heart attack or something. If you cannot hide the problem these folks have a tendency to get rid of it.


9 posted on 03/23/2012 3:03:56 PM PDT by formosa (Formosa)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Prince of Space

That would depend on the sort of conversation he has had with Obama. If Obama has assured Corzine a pardon, I think Corzine would be willing to go to jail and into protective custody.

But if Obama can’t give that assurance, he’d sing.


10 posted on 03/23/2012 3:06:21 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: qwerty1234

If the MSM wanted to be even handed the headline should be:

Fmr Democrat Senator and Obama supporter ripped off clients of $200 Million


11 posted on 03/23/2012 3:11:04 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 1 | View Replies]

To: qwerty1234

But, but, Obama and company have publicly stated that Jon Boy was their financial guru, their “go to” man for money advice.

I don’t understand, how could CNBC have missed reporting this piece of background? Darn careless..........


12 posted on 03/23/2012 3:23:05 PM PDT by ChildOfThe60s (If you can remember the 60s....you weren't really there)
[ Post Reply | Private Reply | To 1 | View Replies]

To: qwerty1234

www.barnhardt.biz

This chick has been all over Corzine for this. Check out her many posts about this...


13 posted on 03/23/2012 3:35:26 PM PDT by Former MSM Viewer
[ Post Reply | Private Reply | To 1 | View Replies]

To: qwerty1234

Who cares about $200 million when you’re $15 trillion in the hole with nothing to show for it? After the dollar’s devaluation, we’re going to be thinking in quadrillions and quintillions, so what difference will $200 million make? That’ll be the price of a loaf of bread.


14 posted on 03/23/2012 3:40:07 PM PDT by Standing Wolf
[ Post Reply | Private Reply | To 1 | View Replies]

To: Standing Wolf

Waiting for the perp walk..........


15 posted on 03/23/2012 4:41:34 PM PDT by BornFreeDie-N-Debt
[ Post Reply | Private Reply | To 14 | View Replies]

To: qwerty1234

It’s rather apparent they saw the ship going down, and systematically pulled money out. That memo is devastating.


16 posted on 03/23/2012 4:54:29 PM PDT by visualops (artlife.us)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Prince of Space
i see this whole economic 2008 meltdown, banking elite debt enslavement and lately this MF Global event as a considerable step up in the “lawlessness will abound” phase that brings in the end of the age, and “. . upon the earth distress of nations” which is a better description IMO when viewed alongside the so-called arab spring etc.,

“. . .who justify the wicked for a bribe, And take away justice from the righteous man” - Isaiah 5:20-23

17 posted on 03/23/2012 5:03:34 PM PDT by captmar-vell
[ Post Reply | Private Reply | To 4 | View Replies]

To: qwerty1234

Jon Corzine and all management should be stripped of all assets to repay customer losses.

Sell their families into slavery, whatever it takes.


18 posted on 03/23/2012 5:32:36 PM PDT by DUMBGRUNT (The best is the enemy of the good!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: qwerty1234

I seem to remember that soon after the news of the missing client money broke, the Obama/Holder Justice Dept. scrubbed the MF Global offices clean of all documents, records and computers.

This was done to facilitate a thorough investigation ....yeah, right. My thought then, and now, is that this “ongoing Justice Dept. investigation” will go on for years where eventually some small fish may be prosecuted for some technical violations or some such.

Holder’s operatives acted immediately to confiscate all the evidence and then simply sit on it to protect Obama’s bosom buddy Corzine and his fellow crooks like Goldman-Sachs, etc.


19 posted on 03/23/2012 5:52:39 PM PDT by citizen (The Dims will all unite for Zero. We must soon unite behind our challenger and back him to victory!)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson