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Corzine Resigns From MF Global
Wall Street Journal ^

Posted on 11/04/2011 5:39:24 AM PDT by Sub-Driver

Corzine Resigns From MF Global By DOW JONES NEWSWIRES

MF Global Holdings Ltd. said Chief Executive Jon Corzine had resigned all posts with the firm and won't seek severance payments.

Bradley I. Abelow, the company's president, and Edward L. Goldberg, the lead director, will retain their posts, MF Global said, confirming a report on CNBC.

The broker-dealer filed for bankruptcy protection on Monday amid questions about its bookkeeping and whether it had properly segregated customer funds.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News
KEYWORDS:
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No frog march? Where's the OWS crowd??????
1 posted on 11/04/2011 5:39:26 AM PDT by Sub-Driver
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To: Sub-Driver

How about jail time?

Pray for America


2 posted on 11/04/2011 5:43:39 AM PDT by bray (Hope and Change is Dead and Gone)
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To: Sub-Driver
Jon Corzine had resigned all posts with the firm and won't seek severance payments.

check the scumbags pockets

3 posted on 11/04/2011 5:46:32 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Sub-Driver

Follow the money. This could be worse than Bernie Madoff’s little adventure and look where it got him.


4 posted on 11/04/2011 5:54:03 AM PDT by kevinm13 (Tim Geithner is a tax cheat. Manmade "Global Warming" is a HOAX!)
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To: Doogle
check the scumbags pockets

Toss in a very, very thorough body cavity search done by an angry, hungover, bull dyke lesbian while you're at it.

Then we can start the very, very slow and extremely painful forensic audit.

5 posted on 11/04/2011 5:55:22 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: bray
How about jail Maximum security federal penitentiary time?

There. Fixed it.
6 posted on 11/04/2011 5:56:48 AM PDT by crosshairs (Liberalism is to truth, what east is to west.)
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To: Lurker
Damn he was that close to being Obama’s Treasury Secretary.
7 posted on 11/04/2011 5:56:53 AM PDT by scooby321
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To: Sub-Driver

Should have room beside Madeoff.


8 posted on 11/04/2011 5:57:27 AM PDT by org.whodat (Just another heartless American, hated by Perry and his fellow demorats.)
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To: Lurker

"...just 5mph faster, or 20 lbs heavier and he'd be yesterday's oh well.."

9 posted on 11/04/2011 5:58:19 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Sub-Driver

Ok...good first step. So when does he get arrested?


10 posted on 11/04/2011 5:58:24 AM PDT by pgkdan ("Make what Americans buy, Buy what Americans make, and sell it to the world" Perry 2012)
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To: kevinm13

He has enetered Marc Rich-dom.


11 posted on 11/04/2011 6:02:36 AM PDT by rod1
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To: Sub-Driver
MF Global Holdings Ltd. said Chief Executive Jon Corzine had resigned all posts with the firm and won't seek severance payments.

Nearly $700 million of customer money already missing. What does he need severance for?

He's from Illinois and ex-Governor of NJ. Governors go to jail sometimes.

12 posted on 11/04/2011 6:08:30 AM PDT by Zuben Elgenubi
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To: Sub-Driver

The bastard got pushed out of Goldman Sachs by Paulson, got booted from the governorship of NJ, and screwed this up.

Good thing he made hundreds of millions of dollars at Goldman otherwise he might have had to go on food stamps.


13 posted on 11/04/2011 6:10:55 AM PDT by NoKoolAidforMe (I'm clinging to my God and my guns. You can keep the change.)
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To: Sub-Driver
But did you hear Herman Cain looked a woman wrong!

Herman Cain! ...Herman Cain ...Herman Cain.

A Newsbusters.org story earlier in the week stated ABC News didn't even mention Jon Corzine's name when reporting on the MF Global bankruptcy, which could be the 7th largest in US history.

14 posted on 11/04/2011 6:14:47 AM PDT by TexasCajun (Fast & Furious , Solyndra & Light Squared would be enough to impeach any White President !!)
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To: Sub-Driver
What the hell does the MF mean?
Is it what I think?
Inquiring minds want to know. . . . . .
15 posted on 11/04/2011 6:16:37 AM PDT by DeaconRed (My Hat Don't Hang on the same Nail to Long. . . . . . . . .)
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To: scooby321

“Damn he was that close to being Obama’s Treasury Secretary”

Yeah, ain’t we lucky we got the honest and competent Turbo Tax Tim instead?

Goldman Sachs sure knows how to grow ‘em


16 posted on 11/04/2011 6:17:14 AM PDT by silverleaf (Common sense is not so common - Voltaire)
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To: Sub-Driver
If they exposed/prosecuted all the finance mobster types that have been putting the financial well-being of the country(if not the world)in jeopardy in the last 20 years(since Clinton)...these global-elites(like Soros)would probably fit in one jail cell.

The amount of robbery that has been committed by this new breed of greed is unprecedented in human history. At it's core was to create a nexus of a Federal Reserve(fiat money)....then tying Wall Street to K-Street.

(Gov. entities like the Security and Exchange Commission are a joke)

This is not going to end well...(unless you're in on the scam)

17 posted on 11/04/2011 6:21:46 AM PDT by RckyRaCoCo (I prefer liberty with danger to peace with slavery, IXNAY THE TSA!...P.S. Why did FR ZOT Frantzie?)
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To: crosshairs

Minimum security would be OK.


18 posted on 11/04/2011 6:36:55 AM PDT by Eric in the Ozarks
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To: Sub-Driver

19 posted on 11/04/2011 6:41:10 AM PDT by Oratam
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To: Voter#537

MF = “Man Financial”. Somewhere I read it started as a sugar trading firm under one Mr. Man over 200 years ago.


20 posted on 11/04/2011 6:50:03 AM PDT by M1903A1 ("We shed all that is good and virtuous for that which is shoddy and sleazy... and call it progress")
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