"[A] spokesman for Mr. Corzine argued that
"there simply is no basis for the suggestion that Mr. Corzine breached his fiduciary duties
or was negligent.”--NYT
"There is nothing fiduciary or negligent about being a financial blood sucking cephalopod.
The swindling art is in his tentacles."--WB7
- advertisements -
@William and others
Vladimir's face priceless
Enjoy, cause I did. :)
Merkel is making the same mouth as Putin. I knew she was a lez.
Hilarious! I thought Putin would be used to seeing boobs!
Someone please tell him that Duckface was passe back in 2011 (if not far sooner).
With his thumbs up he's putting it a bit thick, methinks
I saw that. Those women have guts, that is for sure.
For doing this in Germany? Strange that you think so.
Note that they were able to do it at all- I doubt they'd breached US Presidential Security
break down, go ahead and give it to me...
TP and the heatbreakers
you will get what you deserve in the end.
even if life is not fair-averages do catch anominalies.
stop, look, the mirror tells no lies, if you can see.
the honorable's days are numbered...
the next MF Global, because there's a sucker reborn several million times every second...
Bitcoin traders left out of pocket after Australian-based exchange fails to pay up.
Crypto Xchange goes bust....or just gets lost somewhere in this new MF algo-rhythmic cyber- con ...
but never fear - MF suckers will keep coming back, again and again,
trusting blindly and willingly to ripp off - and in return be ripped off -
again and again and again......
it's called natural evolution -
separating fools from their money,
again and again...
As long as you're a democrat and friend of barrack you can get away with this shit.
Puppets like him don't have any friends.
Don't Worry! As long as we have our freedoms and Bill of Rights in the USA everything will work fine....unless of course, oh wait that pesky reality.....
Amendment 1, Freedom of Speech, Raped Amendment 2, Guns, In process of Being Raped Amendment 3, Soldiers in Houses, Not applicable Amendment 4, Unreasonable Search and Seizure, Raped
Full report on all 10, and the backup reasons, here
"Trojan.Win32.Jorik.IRCbot.xkt is a Trojan that is included in a Skype malware attack. Trojan.Win32.Jorik.IRCbot.xkt shows a message created in Spanish on the screen of the corrupted PCr. Trojan.Win32.Jorik.IRCbot.xkt attacks computer users in Italy then Russia, Poland, Costa Rica, Spain, Germany, Ukraine and other countries. The initial dropper, found as Trojan.Win32.Jorik.IRCbot.xkt, is dropped from a server located in India. Trojan.Win32.Jorik.IRCbot.xkt may also download and install other malware infections on the infected computer system. Trojan.Win32.Jorik.IRCbot.xkt turns the affected computer to a slave of the bitcoin generator and makes the usage of CPU to grow up significantly. Trojan.Win32.Jorik.IRCbot.xkt abuses the CPU of the targeted computer to mineBitcoins for the attacker."
Here is more on this:
Windoze users gonna get what's comin' to them.
Hey MF Global, where's my mf money?
wow, the ignorance is STAGGERING.
Thank you for posting. That kind of slob living off other people's dime deserves to starve to death. It's no one's choice to pay for her benefits - fucking bitch. Let them eat GRAVEL.
they wouldn't dare to ask any banker similar questions;
on the other hand She said "I spend my money to survive (incl. alcohol and cigarettes) ;)
PS.: I fully understand her point of view; recently I gave up smoking cigs so I sympathize with her.
I think she should be free to smoke, drink & do whatever she wants so long as everyone else is free to deny her the money to do so of their own pocket.
This thread is one of the strangest I've ever read here. To say a lot of ground was covered just doesn't cover it. Fascinating.
I thought the same thing, although strange is not the word I would use. More like aware.
Anyone who says this site is for low brow morons is a moron.
You hear that you low brow ZH morons?!!! ;-)
BTW, if you ask my Mom and Dad who is a fraud, Corzine is the word that jumps out instantaneously.
Madoff confessed and he is in for life. Think about that.
I just wonder though what the Goldman sachs CIA connection is. Operatives in finance do thing we dont understand and they have a clear picture of the movement with the money. Its almost like bernanke or someone else high up say a list of names and money and decided to "close" their accounts. Privelaged info. It think this happened in Cypruss as well. Its like thier plucking accounts that they think are laundered money. 1's and 0's just become all zero's. Sorry your not in the club.
i think madoff took one for the team, that his hedge fund was the pacmoney express to israel, that his rich donors knew where the money was going and didn't really care (a few of them didn't get the real prospectus, sorry, just like the widows and orphans in cyrpus bank) and that sooner or later he will get lifted out of there in exchange for some palestnian terrorists, quid pro quo
Mr. Corzine did not violate his fiduciary duty because he and his cronies had the law changed to allow him to legally pledge and then steal the segregated accounts of MF Global clients.
One might argue that each of the so called lawmakers and each of the lobbyists and associates involved in creating the law are accessories to the theft of client segregated funds. JP Morgan would obviously be an accompliss in the theft. The extent of the crime is far tuo large to prosecute, especially since the so called lawmakers and elitists parasites believe that they can create and use illegal laws and can never be prosecuted because the criminal elitist mafia controls everything.
IamtherealMARIO....you are one of the few that understand that what Corzine did was within the law due to their lobbying to have the rules changed and then to be able to pledge client funds so they could take on additional risk and yield a greater return on equity. I think he was in turn set up by the squid and others knowing they could squeeze him and blow the whole trade up. In the end, MFG's position resulted in PROFITS but not to them. Look into who bought their under 2 yr maturity of Spanish and Italian debt and then MFG's seat on the London Metals Exchange for peanuts when everything was being liquidated. We all know the saying "what goes around comes around" but I just haven't seen it so far with this group of banksters.
As I always tell people (to blank stares), "Laws are legal."
And for the few who do get it, I follow with, "Fuck you! That's why!"
My client was made whole - exchanges must have kick in the difference. Exchanges losing business to London
my clients haven't been yet as they were labelled unsecured creditors but the distressed debt hedge funds are circling like vultures....soon come
For a moment I was thinking to myself that at least this asshole will suffer from being ostracized. It was only a nano moment.
Despite the facile machinations of the obviously corrupt US legal monopoly, we'll always have the wonderfully eponymous phrase "Corzined" and the truth that it entails. Go Tylers.
The swindling art is in his tentacles
You mean testicles don't you? and these genes are passed onto everyone who joins the firm!
"There is nothing to suggest that the vampire squid was was doing anything other than what comes naturally to him. We can't blame nature, now can we?"
Why some farmer has not blown Corzines lame worthless ass away is beyond me.
If he doesn;t have a contract out on him, I would be really diappointed. You know those Iowas farmers he took sure are not forgetting about it!!
I have no faith in the Ex FBI director, he did the cover up on Ruby Ridge.
"I have to take at face value what the agents reported - that they were sure Mrs. Weaver was hoisting a mortar on her waste and not a baby.
"[A] spokesman for Mr. Corzine argued that "there simply is no basis for the suggestion that Mr. Corzine breached his fiduciary duties or was negligent.”--NYT
No basis? Read above line items again. No 60 Minutes expose. No CNBC expose. No Fox News expose. One Congressional hearing.
As I mentioned above, Freeh ELIMINATED any basis by claiming controls were so weak that nobody could tell the source of the funds.
In my world, that's what we call a "Fixer."
Facade Maintenance R Us.
Corzine lied in the first hearing and said "I know nutting!"
When someone else said he "know sumting," Corzine was back under oath and said, "but the back office said it was all good."
It is all fraud, all the day long. The Debt Money Tyrants have exposed themselves for all to see.
Expose the fraud and criminality of these demon spawn criminals...
Debt Money Tyranny
Weapons of Mass Debt
Forward the links to any and all interested parties.
The american people: Stupid is a stupid does. So sad.
Too much TV and bad food.
"there simply is no basis for the suggestion that Mr. Corzine breached his fiduciary duties or was negligent.”
Only they forget the money held in trust accounts disappeared.
How could that be? How fucking stupid can they get?
Anyone who thinks Corzine is stupid ought to consider if that conclusion might fight the definition better than Corzine - who is free to commit a billion dollar criminal act, lie before Congress, get caught and walk away free as a bird. Whatever stupid is, that ain't it in my book.
Quit making up excuses for your oppressors like this is some kind of Shangri Stockholm Syndrome La.
If we are chumps, we will be treated as such.
Well, one Mr. Freeh put into his report that there were weak controls in place so that Corzine, et al. couldn't tell they were using "segregated" customer funds.
I'm sorry somebody with "HONORABLE" in front of his name should not be called a thief ........
One can only hope that the gentleman in question is once again caught in a hurry driving 100 mph, and is brought to a rather sudden deceleration by an immovable object, such as a mighty oak tree, bridge, large boulder etc.
And that will be that.
be nice to oak trees
what have they ever done
Oak trees have performed many a good service for us - the above-mentioned being one of those services if this should come to be. Some big solid oak trees can take a good thumping & be fine.
whatever "the lack of action" in prosecuting MF Global the result is clear: "loss of confidence." Rome had no "fiduciary duty to their customers" but certainly these folks did...and so when a Judge doesn't prosecute in effect "he's starving the beast" as it were since people start looking at that hole in the ground and think "that's safer than even a bank." to me there's never been a better time to be a GOOD banker than right now. And how to crash the system "for real" you ask? The day Citigroup offers 4% interest on deposits is the day the whole thing blows up. Needless to say "the Government will not allow this"...will it happen anyways? I say "stay tuned."
A teeny-tiny technical point, WB: It wasn't the squid, it was Jamie that Jon-boy sent all the cash to he looted from his muppets the last week to satisfy a few, ahem, 'loans' that JPM had extended to Jon-boy at MFGlobal to play his Euro bets that went baaaaaad. (MF = You can't make this shit up...)
Yes, JP Jamie is the foundation of modern fraud.
General Akbar sends his regards.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.