Skip to comments.Justice Dept. Going Easy on Corzine?
Posted on 03/24/2012 1:49:12 PM PDT by jazusamo
Today's headlines that Jon Corzine gave "direct instructions" for MF Global customer money to moved to another account to cover a $175 million overdraft raises big questions about how this case is being handled. Congressional Committee's are imperfect investigative vehicles, but this time the House Financial Services Subcommittee on Oversight and Investigation has really scored. By digging out and making public an email from MF Global assistant treasurer Edith O'Brien, the Committee has done a huge public service.
But surely the investigation of the disappearance of $1.6 billion deserves a more formal process than "trial by headline." Just where is the Justice Department in all this? We do not know, but we do know that Attorney General Eric Holder has been the protector of corrupt Democratic politicians in Congress. Rep. Charles Rangel admitted to not paying his taxes, and admitted to leaving hundreds of thousands of dollars in income and assets off his financial disclosure forms. These are crimes, yet there has been no criminal prosecution.
Likewise, former Rep. Alan Mollohan admitted to omitting millions of dollars in assets from his forms, yet the Justice Department simply closed a four-year-old investigation without comment shortly after Mollohan voted for ObamaCare.
Eric Holder has been the most political Attorney General in history, and that is saying a lot, given the fact that Robert F. Kennedy was the President's brother. Whatever punches RFK pulled for his brother, at least he had the courage to go after organized crime. Holder can point to no initiative or action as Attorney General that has taken him out of his comfort zone as career political hack. He is morally capable of slowing or subverting a criminal prosecution of Corzine.
Whether Corzine gave "direct instructions" or not to grab customer money would seem to be a key point in future criminal prosecutions. But even if he did not, MF Global was headed for a fall, as clearly explained by NLPC Associate Fellow Fred N. Sauer on December 21, 2011 in his piece titled The MF Global Collapse Explained (And Why It Should Be a Crime) .
Saying Holder is the most political AG in history is an understatement, it's more like the most corrupt.
He knows too many secrets.
Agreed...That has to be why he’s still there.
They don’t want to give the Republicans political fodder.
Obama bragged that Corslime helped draft the trillion dollar “stimulus.”
Corslime knows therefore where that missing trillion went.
Hence, he is untouchable by the Obama Regime.
I’d like to see this P.O.S. sharing a cell with Madoff.
Course it won’t happen because our whole damn government is corrupt and they continue to protect their own no matter the party.
We should be hanging these bastards.
Mr. Flaherty needs to talk to Bob the Angry Flower.
I’m sure the OWS Protesters will be outside with signs demanding Corzine, “The Wall Street Embezzler” go to jail for stealing the hard earned money from the 99%.
Amen, but like you say, it won't happen.
As for hanging, we'd only have to hang a very few and the rest might get the idea, there'd be lots of rope left over for those that didn't.
Read in Ulsterman that they are waiting until closer to the election to come down on Holder... who knows.
Joe Biden revealed that, “Barack Obama and I were literally sitting in a desk in a high rise in Chicago beginning to plan how we would try to get this economy out of a ditch. Literally, the first guy I called was Jon Corzine. Not a joke. Not a joke. Because first of all, he’s the smartest guy that I know in terms of the economy and on finance, I really mean this.” I hope I am never praised by anyone in the Obama administration. I hope they never praise any business I am involved in. They are the kiss of death.
Prediction: Corzine will not spend a day in jail OR he will get an 11th hour presidential pardon.
“Im sure the OWS Protesters will be outside with signs demanding Corzine, The Wall Street Embezzler go to jail for stealing the hard earned money from the 99%.”
The money Corslime and his fellow democrat party hacks stole from MF Global was mostly from US farmers.
The “Occupy” democrat party operatives don’t care one iota about the real 99%.
Just like Jack Ryan, Corzine has a chip in the big game. Nothing will happen to him.
You better believe corslime has a chip in the game.
He “misplaced” a billion dollars of MF global’s money.
To this day, that money is still missing.
Shortly before this news hits, baraq was bragging about raising that same amount of cash for his campaign.
and the game continues.