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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
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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!!!
1 posted on 08/16/2012 10:25:56 AM PDT by Mad Dawgg
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To: Mad Dawgg

We REALLY need a Mitch Rapp to take care of Corzine.


2 posted on 08/16/2012 10:27:07 AM PDT by crosshairs (America: Once the land of the free. Still the home of the brave.)
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To: crosshairs
"We REALLY need a Mitch Rapp to take care of Corzine."


3 posted on 08/16/2012 10:30:28 AM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg
Did anyone expect any other type of decision?

Goldman Non-Prosecution: AG Eric Holder Has No Balls

DOJ won't bring criminal charges against Goldman Sachs

Standard Chartered Seen Paying $1 Billion to End Probes[Nobody goes to Jail]

4 posted on 08/16/2012 10:34:14 AM PDT by Theoria (Rush Limbaugh: Ron Paul sounds like an Islamic terrorist)
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To: Mad Dawgg
Too big to catch?

5 posted on 08/16/2012 10:37:18 AM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: Mad Dawgg
Corzine escapes prosecution for stealing $1 billion + from investors. Gee, I predicted there would be no indictment for that scum bag. Maybe I should go to Vegas. On second thought............
6 posted on 08/16/2012 10:37:22 AM PDT by drypowder
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To: Mad Dawgg

Looks to me like it was Zero and his plantation Negro that let Wall Street write their own rules.

Just as an after thought, anyone know how much MF donated to Zero in 08 and so far this year?


7 posted on 08/16/2012 10:39:10 AM PDT by VRWCarea51
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To: Mad Dawgg

IMHO, Romney’s justice department will reopen this case within thirty days of taking office, unless Obama preemptively pardons Corzine as one of his last acts as president.


8 posted on 08/16/2012 10:41:21 AM PDT by edboock
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To: edboock

Can you pardon someone before they are charged?


9 posted on 08/16/2012 10:48:40 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: Mad Dawgg

Who really unchained Wall Street?
American Thinker ^ | 08/16/2012 | Jean-Claude Groulx

Posted on Thursday, August 16, 2012 9:29:21 AM by SeekAndFind

http://www.freerepublic.com/focus/news/2919263/posts?page=1

For all the bluster of Obama, pre- and post-2008, as well as that of Attorney General Eric Holder concerning the alleged criminal activities on Wall Street, there have been zero Wall Street prosecutions under Obama/Holder. Compare that with his predecessors Bush and Clinton...


10 posted on 08/16/2012 10:48:40 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: Mad Dawgg

There will be no elitist outrage.

Not from Democrats. Not from Republicans.

Corzine is a member of all the significant globalist elite crime families.

What credentials this boy has, former CEO of Goldman Sachs and former Democrat senator from New Jersey who nominated Barry.

This is WORSE than the Madoff scandal where investors could assume that risk was involved.

In this case, account holders should able to assume the LAW would protect their accounts and if laws were broken there would be consequences.

Corzine made a stupid bet and his choice was to stiff his globalist fraternal brother Jaimie Dimon and J P Morgan or stiff the honest decent accountholders from the unwashed masses who as Barry said NEVER built anything.

The unwashed masses monies were used to make J P Morgan whole even though to do so was in CLEAR violation of the law.

The Democrat elite silence would be expected but the Republican elite silence only goes to confirm that globalist elites are non-partisan and are in equal control of both party elites.


11 posted on 08/16/2012 10:51:02 AM PDT by Biblebelter
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To: Mad Dawgg

...are you really going to re-elect this man America? :(


12 posted on 08/16/2012 10:54:26 AM PDT by Tzimisce (THIS SUCKS)
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To: Mad Dawgg

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.


13 posted on 08/16/2012 10:54:26 AM PDT by weeweed (Proud Costco University graduate)
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To: Mad Dawgg

I was reading the comments at the NYT site. Wow. This is like a Marc Rich pardon on a grander scale. The shameless motives are so obvious even NYT readers are outraged.

This can’t help New Jersey polling for Zero. New Jerseyans are still raw from Corzine’s incompetent and arrogant tenure. They now know - if they didn’t already - that this crook Corzine is a poster boy for “the most transparent administration in history”.

This “pardon” is a gift for the Romney/Ryan ticket.


14 posted on 08/16/2012 10:57:43 AM PDT by BillyBonebrake
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To: Mad Dawgg

Eric Holder likes rich crooks as long as they donate to the Jackass Party

IIRC, Holder was the one who facilitated the pardon of convicted massive swindler Marc Rich for outgoing Prez Clinton.


15 posted on 08/16/2012 11:02:07 AM PDT by cookcounty (Kagan and Sotomayor side with Joe Wilson: -------Obama DID lie!)
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To: edboock
IMHO, Romney’s justice department will reopen this case within thirty days of taking office, unless Obama preemptively pardons Corzine as one of his last acts as president.

Sir, I respectfully say to you that IMHO, your humble opinion is but a pipe dream. Mittens and all the Republicans elitists will always join hands with Democrat elitists to bail out corporate perfidy however they can. MF Global was merely another corporate bailout for J P Morgan although the bailout did not require legislation nor tax dollars but the illegal confiscation of accounts. Mittens will not oppose ANY corporate bailout no matter if it requires legislation or the violation of law as the bailout of JPM required.

16 posted on 08/16/2012 11:02:47 AM PDT by Biblebelter
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To: Mad Dawgg

17 posted on 08/16/2012 11:14:55 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: Mad Dawgg

There will be civil cases filed against this MF’er I’m sure. The criminal charges will be coming when a new US AG is installed in the R & R Administration.


18 posted on 08/16/2012 11:17:41 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: cuban leaf

President Gerold Ford pardoned Richard Nixon with no charges ever filed. That’s why and how we got Jimma Cauta.


19 posted on 08/16/2012 11:18:11 AM PDT by drypowder
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To: Mad Dawgg

You really think Romney would do anything? LOL


20 posted on 08/16/2012 11:21:45 AM PDT by steve86 (Acerbic by nature not nurture TM)
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To: Theoria

21 posted on 08/16/2012 11:25:26 AM PDT by Bratch
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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.)
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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
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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
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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
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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)
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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
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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
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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
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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)
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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)
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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.")
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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.")
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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
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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.")
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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)
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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!!!))
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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.)
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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!!!))
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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
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To: Theoria

Tell you what, I feel very sorry for Ken Lay and Jeff Skilling and their families these days. They were prosecuted with all the brutality of the law for Enron, but NOBODY is having to pay the freight for the Great Global Heist of 2008.


41 posted on 08/16/2012 1:14:45 PM PDT by ichabod1 (Spriiingtime for islam, and tyranny. Winter for US and frieeends. . .)
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To: Mad Dawgg

Fiduciary Responsibility?????


42 posted on 08/16/2012 1:44:45 PM PDT by stocksthatgoup (Common sense although common knowledge is seldom common practice.)
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To: Mad Dawgg

Fiduciary Responsibility?????


43 posted on 08/16/2012 1:44:45 PM PDT by stocksthatgoup (Common sense although common knowledge is seldom common practice.)
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To: steve86
"You really think Romney would do anything? LOL"

I would think there would at least be a "Show" trial

44 posted on 08/16/2012 2:19:05 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: kiryandil
"Oh, quit your whining. You're a peasant, and Jon Corzine is not."

Thank you sir, may I have another...!

45 posted on 08/16/2012 2:24:38 PM PDT by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: crosshairs

46 posted on 08/16/2012 2:30:13 PM PDT by oldernittany
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To: Mad Dawgg
It is Effing unbelievable!

Bush/Enron vs Obama/MF Global is the perfect comparison of this corrupt, disgusting, disturbing administration.

I remember MSM, Bush and Enron. Today I just hear crickets.

Pissed doesn't begin to describe how I feel.

47 posted on 08/16/2012 2:44:28 PM PDT by Chgogal (WSJ, Coulter, Kristol, Krauthammer, Rove et al., STFU. TY)
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To: Biblebelter

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.

....and you’re aware I hope that he would NOT speak for a single honest wall streeter as he is a big time crook leading the worst of the naked short selling fraudsters who hide as hedgefund pros... usually doing the opposite of what Cramer suggests is a good move, since he is out to line his pocket and screw the small investor...

ymmv


48 posted on 08/16/2012 3:14:40 PM PDT by ElectionInspector (Molon Labe...)
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To: Mad Dawgg
there's prolly has been more money STOLEN under this boy's corrupt reign than all of history combined...
49 posted on 08/16/2012 3:25:10 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Mad Dawgg

Outrageous!

I doubt God is pleased with these shenanigans.


50 posted on 08/16/2012 3:38:56 PM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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