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

Skip to comments.

No One Will Charged With a Crime for the MF Global Collapse
Yahoo News ^ | 8/16/2012 | Dashiell Bennett

Posted on 08/16/2012 10:25:49 AM PDT by Mad Dawgg

Authorities are winding down their criminal investigation of the failed brokarage firm, MF Global, and despite the lack of oversight and the loss of more than $1 billion in customer funds, it now seems unlikely that anyone at the firm will face criminal charges.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Front Page News; Government
KEYWORDS: annbarnhardt; brokerage; corzine; legalizedtheft; markets; mf; mfers; mfglobal; unchained; wallstreet
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-76 next last
To: Theoria

21 posted on 08/16/2012 11:25:26 AM PDT by Bratch
[ Post Reply | Private Reply | To 4 | View Replies]

To: drypowder

Forgot about that. You’re right.


22 posted on 08/16/2012 11:26:19 AM PDT by cuban leaf (Were doomed! Details at eleven.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Biblebelter

If Romney wins, we’ll get to see who’s right. The entire investment community wants Corzine in jail. You should have heard Rick Santelli from the CME this morning. They are angry and Romney going after Corzine would be a no-brainer politically, legally, and ethically.

And to think, Corzine is talking about starting a new hedge fund.


23 posted on 08/16/2012 11:39:36 AM PDT by edboock
[ Post Reply | Private Reply | To 16 | View Replies]

To: Hotlanta Mike
The criminal charges will be coming when a new US AG is installed in the R & R Administration.

Which begs the question, does Mittens in a R & R Administration as you so appropriately labled it, reward his Mormon brotherhood by nominating the Church Lady Orrin Hatch with the cabinet post of AG or hold back in hopes of nominating brother Hatch for the Supreme Court.

If Hatch is the AG then one would have to look at his record in the Senate as to whether his would aggressively pursue criminal prosecution of anyone. In the Senate he has barked liked a French a poodle without a bite, and always kissed up to the big dogs in the Senate as he did to his best bud Teddy Kennedy.

24 posted on 08/16/2012 11:45:30 AM PDT by Biblebelter
[ Post Reply | Private Reply | To 18 | View Replies]

To: Mad Dawgg

Governor Corzine is more culpable than Bernie Madoff. At least, Madoff’s victims knew or should have known they were benefiting from a fraudulent scheme. That’s manifestly not the case with MF Global.


25 posted on 08/16/2012 11:50:57 AM PDT by cynwoody
[ Post Reply | Private Reply | To 1 | View Replies]

To: Biblebelter
... reward his Mormon brotherhood by nominating the Church Lady Orrin Hatch with the cabinet post of AG or hold back in hopes of nominating brother Hatch for the Supreme Court.

Orrin Hatch will be 79 in March. He's not going nto be nominated to anything.

26 posted on 08/16/2012 11:56:16 AM PDT by okie01 (The Mainstream Media: IGNORANCE ON PARADE)
[ Post Reply | Private Reply | To 24 | View Replies]

To: edboock
The entire investment community wants Corzine in jail.You should have heard Rick Santelli from the CME this morning.

Rick Santelli nor anyone else at the CME represents the investment community. MF Global is all about the GoldmanSachs former CEO screwing CME types whose accounts at MF Global were NOT INVESTMENT accounts but for the most part commodity accounts used to hedge agricultural commodities. Corzine screwed small businessman called farmers in order to satisfy his "investment" brothers at JP Morgan.

I love Rick Santelli because he can be credited in large part for starting the Tea Party but Rick would be the first to tell you that he does NOT speak for the investment community nor does any of the honest, decent, hard working folk at the CME who are really small businessmen.

Rick Santelli has to work hard to keep this story on his network which has purports to be a business network but has become no more than MSNBC lite which is but another way of saying another Obama propaganda channel.

If anyone speaks for the investment community on CNBC it is James J Cramer who is a brother to Corzine as they both worked at Goldman Sachs at the same time.

There was NEVER any healthty criticism of Corzine before the collapse, it was all love and if not for Santelli there would be not criticism of Corzine after the collapse.

For the CNBC crowd to criticize Corzine who is a Democrat elitist of the highest order would be to put the elite in a bad light and risk Barry's re-election.

27 posted on 08/16/2012 12:03:48 PM PDT by Biblebelter
[ Post Reply | Private Reply | To 23 | View Replies]

To: Biblebelter
Which begs the question, does Mittens in a R & R Administration as you so appropriately labled it, reward his Mormon brotherhood by nominating the Church Lady Orrin Hatch with the cabinet post of AG or hold back in hopes of nominating brother Hatch for the Supreme Court.

Hatch is too ancient for either job.

As Romney said, ‘As president, I need Orrin Hatch in the Senate to help me.’ Hatch won his primary two to one, and it looks like he can keep his seat in the Senate as long as he wants.

28 posted on 08/16/2012 12:08:32 PM PDT by cynwoody
[ Post Reply | Private Reply | To 24 | View Replies]

To: okie01

You are right, he will be too old for the administration or to be nominated to the Supreme Court, but just senile enough to be re-elected to the Senate and meet the standards of Senatorial senility set by the likes of Strom Thurmond and Bobby Byrd.


29 posted on 08/16/2012 12:10:24 PM PDT by Biblebelter
[ Post Reply | Private Reply | To 26 | View Replies]

To: Mad Dawgg
I was listening to Mark Belling who hosted the Rush Limbaugh program today. He mentioned that during the Clinton administration, there were 1000 convictions for Wall Street crimes, during Bush, there were 1300. During the Obama admistration, there has not even been one ATTEMPT at prosecution.

Now tell me again who exactly is in the pockets of these crooks? According to the media it's Romney and the Republicans.

30 posted on 08/16/2012 12:13:19 PM PDT by BlueMondaySkipper (Involuntarily subsidizing the parasite class since 1981)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mad Dawgg
Prominent Democrats have “get of of jail free” CARD.

Corzine just played his.

31 posted on 08/16/2012 12:18:32 PM PDT by noah (noah)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mad Dawgg

BCCI all over again...........


32 posted on 08/16/2012 12:21:01 PM PDT by Osage Orange ("Were we directed from Washington when to sow, and when to reap, we should soon want bread.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: edboock

If Romney did that...I would be shocked.


33 posted on 08/16/2012 12:23:16 PM PDT by Osage Orange ("Were we directed from Washington when to sow, and when to reap, we should soon want bread.")
[ Post Reply | Private Reply | To 8 | View Replies]

To: Mad Dawgg

I have a friend who knows a lot more about this stuff than I do, and he says there will be no prosecution of Corzine. He said Corzine knows where all the political bodies are buried, and nobody, Democrat or Republican, has the nerve to touch him.


34 posted on 08/16/2012 12:23:53 PM PDT by Grammy
[ Post Reply | Private Reply | To 1 | View Replies]

To: edboock
The entire investment community wants Corzine in jail. You should have heard Rick Santelli from the CME this morning.

You'd have to prove the ENTIRE INVESTMENT COMMUNITY wants Jon in jail....

Santelli I like...but he has no juice.

35 posted on 08/16/2012 12:27:23 PM PDT by Osage Orange ("Were we directed from Washington when to sow, and when to reap, we should soon want bread.")
[ Post Reply | Private Reply | To 23 | View Replies]

To: Mad Dawgg

Ann Barnhardt is right

It’s not a matter of what these crooks did- It’s the matter that the government, with all its rules and regulations and agencies - IS LETTING IT SLIDE


36 posted on 08/16/2012 12:46:09 PM PDT by silverleaf (Age Takes a Toll: Please Have Exact Change)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mad Dawgg
Unbelievable...!!! Read the full article. They took funds from customer accounts to cover a margin call, went bankrupt and its now considered legal by the Obama Justice Dept. Un-F***ing-believable!!!

Oh, quit your whining. You're a peasant, and Jon Corzine is not.

Pretty simple, really.

37 posted on 08/16/2012 12:59:23 PM PDT by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mad Dawgg
Totally outrageous but fully expected for the obedient DemocRat lap dog Corrodedzine is.
38 posted on 08/16/2012 1:07:03 PM PDT by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER than a TEA BAGGEE.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Grammy
I have a friend who knows a lot more about this stuff than I do, and he says there will be no prosecution of Corzine. He said Corzine knows where all the political bodies are buried, and nobody, Democrat or Republican, has the nerve to touch him.

A government that won't prosecute a criminal is itself criminal.

39 posted on 08/16/2012 1:08:19 PM PDT by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
[ Post Reply | Private Reply | To 34 | View Replies]

To: weeweed

And of course this week’s talking point is that Romney is going to let Wall St. write its own rules. The number of people who live in an alternate reality is astounding.


Had the same thought. The hyposcrisy of O & Joe to talk about what Romney would do, as compared to what they LET happen


40 posted on 08/16/2012 1:09:27 PM PDT by patriotspride
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-76 next last

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