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“Jon Corzine – What’s Going On?”
The Daily Reckoning ^ | 05/16/12 | Sydney Williams

Posted on 05/17/2012 5:46:56 AM PDT by Eccl 10:2

It pays to be rich, powerful and a Democrat with friends in Washington. While Anna Gristina, a Connecticut mother accused of being a New York “madam” sits in a cell on Riker’s Island, Jon Corzine, the former CEO of MF Global sits at home in his New Jersey mansion. MF Global had been a publically traded securities firm with $40 billion in assets, but with liabilities even larger, filed for bankruptcy late last year, after being accused of co-mingling customer funds with its own, a flagrant violation of securities law.


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: 2012; corruption; corzine; democrats; fraud; mfglobal; obama

1 posted on 05/17/2012 5:47:00 AM PDT by Eccl 10:2
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To: Eccl 10:2

The “excuse” is that MF Global subsidiary in England is where the leak in fund took place & it is legal to do that in England.

If you believe that, I have a bridge I want to sell you. hee hee hee


2 posted on 05/17/2012 5:51:18 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Eccl 10:2

Corzine: a dirty rotten filthy human being characterizing all that is wrong in American politics today.


3 posted on 05/17/2012 5:57:30 AM PDT by ransacked
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To: Eccl 10:2

America is just a huge banana republic today, living off old momentum, but coasting to a stop from its past glories.


4 posted on 05/17/2012 6:00:09 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Eccl 10:2

if you are going to commit a crime make sure it’s a big one


5 posted on 05/17/2012 6:02:17 AM PDT by yldstrk ( My heroes have always been cowboys)
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To: Texas Fossil
Hold it dude.... How'd the money get from the USA to the UK? Let's focus on the crime. Middle America is missing funds.

The problem is an over-abundance of folks willing to parse words about where an act is "legal" versus "illegal".

No morality on Wall Street...that's for sure!

6 posted on 05/17/2012 6:07:35 AM PDT by pointsal
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To: pointsal

Sounds a lot like Bain...


7 posted on 05/17/2012 6:12:11 AM PDT by moonhawk (Rush, Mark, Sean: Conservative talkers. Sarah, Newt: Conservative DOers. Mitt: Conservative faker)
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To: pointsal

When Obozo was corronated, I made this statement here on FR:

“Welcome to New Kenya (Africa USA), where the law of the jungle has replaced the Law of the Land”

They truly think they are above the law, any law.

We shall see if they really are.


8 posted on 05/17/2012 6:12:14 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: ransacked
Corzine should occupy the prison cell across from Edwards.
9 posted on 05/17/2012 6:14:08 AM PDT by Eric in the Ozarks
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To: moonhawk

Now that’s a stupid comment. It in no way “sounds a lot like Bain.”


10 posted on 05/17/2012 6:15:24 AM PDT by Sudetenland (Anybody but Obama!!!!)
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To: Eccl 10:2
I wonder how much money Corzine gave to Obama’s prez campaign in 2008. If he did give millions then this wouldn’t surprise me. Repubs would probably do the same thing, protect their big donors. Politics as usual.
11 posted on 05/17/2012 6:18:24 AM PDT by 3rdcoastislander
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To: Sudetenland

Does to me. “Legal” only due to friends in high places—i.e. crony capitalism, but totally corrupt morally.


12 posted on 05/17/2012 6:24:29 AM PDT by moonhawk (Rush, Mark, Sean: Conservative talkers. Sarah, Newt: Conservative DOers. Mitt: Conservative faker)
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To: 3rdcoastislander
Repubs would probably do the same thing, protect their big donors.

No doubt they would if they could. But the instant they tried, the media would be on them like flies on a ...

13 posted on 05/17/2012 6:26:30 AM PDT by tsomer
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To: moonhawk

Well then revel in your ignorance.


14 posted on 05/17/2012 6:27:44 AM PDT by Sudetenland (Anybody but Obama!!!!)
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To: Eccl 10:2
“Jon Corzine – What’s Going On?”

Wasn't that Marvin Gaye?

15 posted on 05/17/2012 6:38:17 AM PDT by TruthShallSetYouFree (Don't let Julia fool ya. Socialism doesn't work.)
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To: Eccl 10:2

What’s Going On
Marvin Gaye

Mother, mother
There’s too many of you crying
Brother, brother, brother
There’s far too many of you dying
You know we’ve got to find a way
To bring some lovin’ here today - Ya

Father, father
We don’t need to escalate
You see, war is not the answer
For only love can conquer hate
You know we’ve got to find a way
To bring some lovin’ here today

Picket lines and picket signs
Don’t punish me with brutality
Talk to me, so you can see
Oh, what’s going on
What’s going on
Ya, what’s going on
Ah, what’s going on

In the mean time
Right on, baby
Right on
Right on

Father, father, everybody thinks we’re wrong
Oh, but who are they to judge us
Simply because our hair is long
Oh, you know we’ve got to find a way
To bring some understanding here today
Oh

Picket lines and picket signs
Don’t punish me with brutality
Talk to me
So you can see
What’s going on
Ya, what’s going on
Tell me what’s going on
I’ll tell you what’s going on - Uh
Right on baby
Right on baby


16 posted on 05/17/2012 6:41:53 AM PDT by Red Badger (Think logically. Act normally.................)
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To: 3rdcoastislander

Corzine was a huge bundler for Obama - One of his biggest, no doubt.


17 posted on 05/17/2012 6:48:27 AM PDT by Triple (Socialism denies people the right to the fruits of their labor, and is as abhorrent as slavery)
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To: Eccl 10:2

Is our side smart enough to use this pic in a general election ad?


18 posted on 05/17/2012 6:52:23 AM PDT by CincyRichieRich (Keep your head up and keep moving forward!)
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To: Eccl 10:2

Is our side smart enough to use this pic in a general election ad?


19 posted on 05/17/2012 6:53:12 AM PDT by CincyRichieRich (Keep your head up and keep moving forward!)
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To: Triple

Acknowledge the corruption—’Obama/Corzine 2012’


20 posted on 05/17/2012 7:10:05 AM PDT by yadent
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To: Triple

MF Global lost 1.6 billion of Private Citizens Money.

Shortly after the news hit, obama bragged that he had raised about a billion dollars for his campaign.

This regime is openly laundering money from the treasury through his unions to raise campaign money.

So it is very believable that the “missing” MF global money is now in obama’s bank account.


21 posted on 05/17/2012 7:22:47 AM PDT by Texas resident (November 6 - Vote Against obama)
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To: tsomer
Right, but when it comes down to it the media won't decide who lives and who dies, whoever the president is will. He can unleash the DOJ dogs or make them heal.

Now to your point the current POTUS would most undoubtedly be swayed by the media because they are the ones who got him elected in the first place.

22 posted on 05/17/2012 7:31:40 AM PDT by 3rdcoastislander
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To: moonhawk

You have no idea what Bain does.

Bain might not provide a service you want (I know I would hate to see them at MY door) but what Corzine did was criminal in the most basic sense of the word.

Millions simply vanished. And his answer is akin to what my kids say when I ask where all the cookies went.


23 posted on 05/17/2012 7:41:35 AM PDT by Vermont Lt (I just don't like anything about the President. And I don't think he's a nice guy.)
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To: Triple
Corzine was a huge bundler for Obama - One of his biggest, no doubt.

Still is.

24 posted on 05/17/2012 8:12:38 AM PDT by Steely Tom (If the Constitution can be a living document, I guess a corporation can be a person.)
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To: CincyRichieRich

I can imagine the caption:

“The one on the right made $1.6 billion in client money disappear. The one on the left made $XX trillion in taxpayer money disappear.”


25 posted on 05/17/2012 8:13:26 AM PDT by rightwingintelligentsia (Be careful of believing something just because you want it to be true.)
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To: Texas Fossil
"We shall see if they really are."

We have seen. They are! They truly are. /s

26 posted on 05/17/2012 8:14:19 AM PDT by I am Richard Brandon
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To: moonhawk

“Sounds a lot like Bain...”

Wow, that’s the kind of stupidity one usually only encounters after stumbling into Democratic Underground.com.


27 posted on 05/17/2012 10:10:50 AM PDT by Lucas McCain
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To: Texas Fossil

I am starting to have some pretty nasty ideas about what exactly M F really stands for!!!


28 posted on 05/17/2012 10:30:09 AM PDT by ridesthemiles
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To: rightwingintelligentsia

I can imagine the caption:

“The one on the right made $1.6 billion in client money disappear. The one on the left made $XX trillion in taxpayer money disappear.”


Awesome - I would only add, that both are democrats.


29 posted on 05/17/2012 10:50:07 AM PDT by CincyRichieRich (Keep your head up and keep moving forward!)
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To: Lucas McCain; Vermont Lt; Sudetenland

Glad Romney’s so popular around here.

Corzine ripped off his customers and probably the taxpayers in an illegal act. Bain just did it legally.

How do you like bailing out the pension funds they stripped?

Do you think it should be legal to borrow money in the name of a business you acquire in order to pay your cronies and yourself a huge “consulting” fee and then declare bankruptcy an unable to repay the loan, thus putting the company out of business?

Bain is to Free market capitalism as the Westboro baptist church is to Christianity.


30 posted on 05/17/2012 1:30:45 PM PDT by moonhawk (Rush, Mark, Sean: Conservative talkers. Sarah, Newt: Conservative DOers. Mitt: Conservative faker)
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To: Eccl 10:2

Frontline ran an excellent piece on Corzine’s crimes last night. The best part, the BEST part, was all of Corzine’s “we just don’t know where the money is” bullshit. They had a financial expert on for analyis who said, “Oh, we know the money is. It’s at JP Morgan”. What a co-inky-dink.


31 posted on 05/23/2012 3:55:24 AM PDT by Wolfie
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