Skip to comments.Corzine Asks Judge to Dismiss MF Global Fraud Suit (RATS miss the perp's loot)
Posted on 10/24/2012 4:23:10 PM PDT by Libloather
Corzine Asks Judge to Dismiss MF Global Fraud Suit
By PATRICK FITZGERALD
October 23, 2012, 1:30 p.m. ET
Lawyers for former MF Global Holdings Ltd. Chief Executive Jon Corzine are asking a federal judge to toss a civil fraud lawsuit accusing him of misleading investors about the risky bets the futures firm was taking before its collapse a year ago.
Mr. Corzine's lawyers blasted the investors' suit as a "jumble of assertions and accusations" that makes "no sense" that should be dismissed in a filing Friday in U.S. District Court in New York. A group of banks and underwritersamong them units of Goldman Sachs Group Inc., J.P. Morgan Chase & Co. and Citigroup Inc. that are also being targeted by the investors joined Mr. Corzine in asking Judge Victor Marrero to throw out the lawsuit.
(Excerpt) Read more at online.wsj.com ...
I bet this one-percenter knows exactly where his cash is. Everyone else's - not so much.
FRY the bastard!!
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.