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Corzine Resigns as Securities Firm Chief
NBC ^
| NBC
Posted on 11/04/2011 4:52:49 AM PDT by sunmars
Former New Jersey Gov. Jon Corzine has resigned as CEO at his embattled securities firm MF Global, the company's board announced Friday.
The board confirmed Corzine will not seek severance payments in connection with his resignation.
Edward L. Goldberg, the lead director of the Board of Directors, and Bradley I. Abelow, the Company’s President and Chief Operating Officer, will continue in their current positions.
(Excerpt) Read more at nbcnewyork.com ...
TOPICS: Business/Economy; Crime/Corruption
KEYWORDS:
next stop.....the big house.
1
posted on
11/04/2011 4:52:51 AM PDT
by
sunmars
To: sunmars
The board confirmed Corzine will not seek severance payments in connection with his resignation.But, they'll probably give it to him....
2
posted on
11/04/2011 4:54:48 AM PDT
by
Road Warrior ‘04
(I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
To: sunmars
Note to House Pubbies: MFG makes Solyndra pale in comparison.....
3
posted on
11/04/2011 4:56:03 AM PDT
by
mewzilla
(Forget a third party. We need a second one.)
To: sunmars
Tradition says he should have waited until everybody else was safely out of the building.
4
posted on
11/04/2011 4:57:22 AM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: sunmars
Someone better grab his passport.
5
posted on
11/04/2011 5:00:49 AM PDT
by
Recon Dad
("The most important rule in a gunfight is: Always win and cheat if necessary.")
To: sunmars
Even after the psychological abuse of having Jim "gay American" Mcgreevy as governor, I was still dismayed that New Jersey would elect Corzine.
While I take the present events as validation, I'm not the least persuaded that NJ voters have learned a d@mn thing.
6
posted on
11/04/2011 5:03:14 AM PDT
by
stormhill
To: sunmars
The media if Corzine was a republican:
----------------------------------------------
Former Republican Governor Resigns as Scandal Engulfs Company
Former Republican Gov. Jon Corzine has resigned as CEO at his embattled securities firm MF Global, the company's board announced Friday.
The board confirmed Corzine, who also served as a GOP senator, will not seek severance payments in connection with his resignation that was cause by the loss of billions....
7
posted on
11/04/2011 5:07:18 AM PDT
by
icwhatudo
("laws requiring compulsory abortion could be sustained under the constitution"-Obama official)
To: Bushbacker1
Won’t seek severance payments. Of course not. That’s what the missing $600 million is.
8
posted on
11/04/2011 5:16:53 AM PDT
by
cschroe
To: stormhill
I'm not the least persuaded that NJ voters have learned a d@mn thing. We did elect Chris Christie over Corzine. Definitely a step in the right direction.
9
posted on
11/04/2011 5:24:35 AM PDT
by
TruthShallSetYouFree
("Nanny Care State" is not a Division 3 football powerhouse.)
To: sunmars
Corzine will not seek severance payments in connection with his resignation.What? There are some clients' accounts left?
10
posted on
11/04/2011 5:32:31 AM PDT
by
John123
(US$ - I owe you nothing. Euro - Who owes you nothing.)
To: sunmars
Williams said it's possible that the transfer of money was made earlier but was missed by CME auditors. He said the company apparently lacked strong systems to monitor risk or prevent such illegal transfers.Give me a break!
11
posted on
11/04/2011 5:40:45 AM PDT
by
randita
(I'm not a percentage. I'm a free person.)
To: sunmars
12
posted on
11/04/2011 5:52:39 AM PDT
by
Oratam
To: sunmars
Nowhere in the article does it say that Corzine is a democrat.
13
posted on
11/04/2011 6:29:26 AM PDT
by
bkopto
(Obama is merely a symptom of a more profound, systemic disease in American body politic.)
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