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Jon Corzine Might Launch His Own Hedge Fund (perp wants to rebuild his image)
Investor Place ^ | 8/17/12 | Christopher Freeburn

Posted on 08/19/2012 12:40:17 PM PDT by Libloather

Jon Corzine Might Launch His Own Hedge Fund
He is unlikely to face criminal charges over the failure of MF Global
By Christopher Freeburn, InvestorPlace Writer
Aug 17, 2012, 9:28 am EDT

With reports circulating that federal regulators will not seek criminal charges in the collapse of brokerage MF Global, the firm’s former head, Jon Corzine is considering a new career option.

The one-time Governor of New Jersey and former head of Wall Street giant Goldman Sachs (NYSE:GS), is mulling the idea of starting his own hedge fund, according to the New York Times.

**SNIP**

However, sources close to the former governor say that Corzine wants to rebuild his image as a money manager and shake off the stigma attached to MF Global’s demise.

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: corzine; crook; fund; hedge; joncorzine; mfglobal
Once a criminal...
1 posted on 08/19/2012 12:40:26 PM PDT by Libloather
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To: Libloather

If anybody invests with Jon Corzine, at this point, they deserve to lose every penny.

Forewarned is to be forearmed.


2 posted on 08/19/2012 12:42:36 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: Jonty30

Maybe he can get Madoff to be CFO..


3 posted on 08/19/2012 12:43:52 PM PDT by Kozak (The means of defence against foreign danger, have been always the instruments of tyranny at home JM)
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To: Libloather

I gotta bridge that I want to sell you....


4 posted on 08/19/2012 12:43:52 PM PDT by dancusa (The urge to save humanity is always a false front for the urge to rule it. H.L Mencken)
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To: Jonty30

Bernie Madoff must be wondering where he went wrong.


5 posted on 08/19/2012 12:45:43 PM PDT by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: Liz
Insider Corzine’s chutzpah

It goes even deeper than that, though. The Government Accountability Institute reports that Corzine’s/MFG’s law firm was Eric Holder’s old firm before he became President Obama’s attorney general.

6 posted on 08/19/2012 12:47:26 PM PDT by Libloather (The epitome of civility.)
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To: Libloather

The son-of-a-bitch ought to be in jail.

But as usual, the criminals protect their own.


7 posted on 08/19/2012 12:48:38 PM PDT by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
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To: Libloather
Jon Corzine Might Launch His Own Hedge Fund (perp wants to rebuild his image rip off more people since he has immunity)
8 posted on 08/19/2012 12:52:39 PM PDT by Baynative (A man's admiration for absolute government is proportionate to the contempt he feels for others)
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To: Libloather

Where’s the money Jon?

What money?

I.2 BILLION

I dunno

Oh OK


9 posted on 08/19/2012 12:53:53 PM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Jonty30
If anybody invests with Jon Corzine, at this point, they deserve to lose every penny.

Anyone who invests in any Wall street firm is not paying attention.

10 posted on 08/19/2012 1:01:23 PM PDT by Vince Ferrer
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To: Libloather

“Congressional Select Funds”

“Senatorial Insider Trading Funds”

“Congressional Advantage Investors Fund”

“Excess Campaign Fund Recycling ETF”

“’It’s not a bribe if we make it legal’ Fund”

“Insider Trading Is OK for us Fund”


11 posted on 08/19/2012 1:02:12 PM PDT by RFEngineer
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To: Libloather

Will there be ANY investigation of where the seed money comes from?

Perhaps the missing funds from his prior career could finally be accounted for.


12 posted on 08/19/2012 1:02:42 PM PDT by ridesthemiles
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To: Libloather
I have 500K that I don't know what to do with.I wonder what would be more profitable (and fun)...flushing it down the toilet or placing it in Corzine’s capable hands? With the toilet option at least I'd get a few seconds of entertainment.
13 posted on 08/19/2012 1:02:57 PM PDT by Gay State Conservative (The Word Is Out,Harry Reid's Into Child Porn.Release All Your Photos,Harry!)
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To: Libloather

Did he already spend all that money he just stole?


14 posted on 08/19/2012 1:06:55 PM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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To: Libloather

So maybe this crook Corzine is avoiding criminal charges for “misplacing” $1.2 billion in customer funds at MF Global because he’s an insider Democrat criminal, but isn’t there some oversight agency or regulator that can hold him responsible and slap sanctions on him? I mean how can that much money just disappear under the nose of the chief executive of the company without him being held accountable? And now he wants to start his own hedge fund? Who in their right mind would invest in anything this man got close to? Aren’t there any licenses that he requires to do this? Aren’t there any restrictions keeping him from being in the same business or industry after the MF Global debacle?

In a society where little kids can’t even open a lemonade stand to make a few dollars and learn to be responsible citizens, why is this guy allowed to do anything in the financial world at all? He should be delegated to the trash heap of history and only be allowed to work in a fast food dive, cleaning toilets. Of course, with his record, he could always become one of Obama’s cabinet secretaries or shadow government communist czars.


15 posted on 08/19/2012 1:07:30 PM PDT by HotHunt
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To: HotHunt

I’m glad the Republican leadership is all over this guy and screaming for justice and linking him to that corrupt Obama and......oh wait....never mind.


16 posted on 08/19/2012 2:01:24 PM PDT by yadent
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To: Libloather; All

How much ya wanna bet Chris Dodd and Bahwaney Fwank are part of the deal....


17 posted on 08/19/2012 2:18:35 PM PDT by taildragger (( Palin / Mulally 2012 ))
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To: Libloather
Ann Barnhardt...calling Ann...here is the topic of your next editorial. Bet her words would be a little salty.
18 posted on 08/19/2012 2:58:57 PM PDT by vetvetdoug
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To: Libloather

Anyone stupid enough to give this crook their money deserves to be swindled.

So nice of Holder’s Injustice Dept. not to bring charges against this Obama campaign bundler...and Corzine isn’t even one of Holder’s people.


19 posted on 08/19/2012 4:14:26 PM PDT by txrefugee
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To: Libloather

The DOJ might not file charges but that shouldn’t stop the states and public from filing suit. In the case of the state (not federal), I would think that they could still bring criminal charges and I hope they do.


20 posted on 08/19/2012 5:24:36 PM PDT by MAKOTHEDOG
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To: Libloather

In other news, Joren van der Sloot is starting ocean charter tours (for females only)...

...Anthony Weiner is starting a photo studio...

...and The Fox is building a new henhouse.


21 posted on 08/19/2012 6:52:58 PM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart and lean not on your own understanding")
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