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One Year Later - Santelli Rips Apart 'Connected' Corzine

Tyler Durden's picture


There remains more than $1.6 billion of customer funds unaccounted for and whether you believe PwC (as Forbes notes) were duped or not, one year on from MFGlobal, one thing is for sure - there is no more hated character in the pits of Chicago than Jon Corzine. CNBC's Rick Santelli says it all in this blockbuster rant against the incredible reality that this 'connected' individual has got away with monetary murder. Must watch - but beware your blood pressure... as he concludes "we haven't heard the end of this - Chicago will find the answers!"



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Wed, 10/31/2012 - 14:08 | 2935150 kato
kato's picture

it is my biggest gripe against O.

this little fish, years ago, not 'part of the team', got hammered:

Wed, 10/31/2012 - 14:15 | 2935174 no taste
no taste's picture

If Corzine were still governor of New Jersey, Sandy would just be another pretty girl at the beach.

Wed, 10/31/2012 - 14:24 | 2935183 strannick
strannick's picture

The CFTC presided over this miscarriage, allowing customers to have their funds stolen by MFGlobal on behalf of JPM.

CFTC Commisioner Jill Sommers presided over this crime. She's the same sweet lady who fought against even having public comment on precious metals limits. Not that the rest of these CFTC corrupt clowns are any better.

Be sure to email them and let them know how grateful you are to them for perpetuating what T. Butler calls a crime in progress (silver suppression). At least they enable more cheap silver staking for the time being.

Bart Chilton

Scott O'Malia

Gary Gensler


Wed, 10/31/2012 - 14:25 | 2935200 redpill
redpill's picture

Give the crooks hell, Rick!

Wed, 10/31/2012 - 15:17 | 2935383 Ignatius
Ignatius's picture

Let's remember who we're fighting for... the children.

Jon Corzine's daughters:

Whenever I fantasize in the future about 'two chicks at the same time' I'm gonna remember these two.

Wed, 10/31/2012 - 15:23 | 2935428 BurningFuld
BurningFuld's picture

Wow just wow! Who are those kids parents?  I hope the Judge sees this video.

Wed, 10/31/2012 - 15:50 | 2935514 TruthInSunshine
TruthInSunshine's picture

The "Honorable" Jon S. Corzine must have some very dirty information on some very important people to have stayed out of jeopardy for this long.

Wed, 10/31/2012 - 19:58 | 2936068 Cathartes Aura
Cathartes Aura's picture

thanks for the ever-present reminder that some men still punishment fuck - helps re-inforce the message.

Wed, 10/31/2012 - 20:15 | 2936117 Simon Endean
Simon Endean's picture

"Scott O'Malia"


Pretty funny (and probably fitting) that the dude's email address is "somalia"

Wed, 10/31/2012 - 21:15 | 2936317 Buck Johnson
Buck Johnson's picture

Corzine will eventually go down, he stole that money and should be in prison with Bernie maddoff.

Wed, 10/31/2012 - 15:01 | 2935342 tbone654
tbone654's picture

the key line in the "little guy" post...  Is "Lack of supervision" and he was hammered for that, which seems could/should apply to corzine as well?

Wed, 10/31/2012 - 14:11 | 2935161 bugs_
bugs_'s picture

be careful Rick - we'd like you to stick around

Wed, 10/31/2012 - 14:12 | 2935164 Biggvs
Biggvs's picture

Happy Halloween... Bitchez!

Wed, 10/31/2012 - 14:16 | 2935175 Manthong
Manthong's picture

I'd smelt that.

Wed, 10/31/2012 - 14:19 | 2935181 Dr. Richard Head
Dr. Richard Head's picture

Au camel toe.  NICE!!!!  I think I will shift my assets to Dr. Copper though.

I sure hope those ladies are ZH readers.  I'd like to think this is just not a group of pissy old men.

Wed, 10/31/2012 - 14:17 | 2935178 lemonobrien
lemonobrien's picture

i like copper.

Wed, 10/31/2012 - 14:25 | 2935198 Yen Cross
Yen Cross's picture

You might want to take a look at this. David Einhorn Short Iron Ore - Business Insider 

 Jumping into copper?

Wed, 10/31/2012 - 16:16 | 2935595 ceilidh_trail
ceilidh_trail's picture

Yen- excellent link> Thanks!

Wed, 10/31/2012 - 14:17 | 2935179 fuu
fuu's picture

Inflation imminent.

Wed, 10/31/2012 - 14:52 | 2935311 akak
akak's picture

Your comment implies that (fiat currency) inflation is not occurring right now, or has ever actually been halted, both of which propositions are patently false.

Wed, 10/31/2012 - 15:00 | 2935329 fuu
fuu's picture

Or I was making a boner joke about the pic of the 3 semi-naked girls dressed as precious metals.

Try and get out more.

Wed, 10/31/2012 - 15:13 | 2935388 akak
akak's picture

Since I did not see any such photo here, nor have any idea to what photo you are referring, your attempt at humor fell rather flat.

Try to not assume so much.

Wed, 10/31/2012 - 15:31 | 2935453 fuu
fuu's picture

You can't follow a threaded conversation?

Has your brain blobbed up?

Wed, 10/31/2012 - 15:34 | 2935471 akak
akak's picture

Forgive me for not having read EVERY single comment in the thread before responding to your comment.

I'm sure that YOU, nor anyone else, have never done such a thing.

Wed, 10/31/2012 - 15:42 | 2935481 fuu
fuu's picture

No I make mistakes. When I do I own them, I do not try and pass them off on others as if they were wrong in the first place. But you know, do what you do with your bad self akak.

Wed, 10/31/2012 - 15:47 | 2935506 akak
akak's picture

Yes, I was "wrong" for not having read the entirety of the previous thread.

That takes nothing away from the semi-douchiness of your initial response to mine.

Can we end this now?

Wed, 10/31/2012 - 16:10 | 2935536 fuu
fuu's picture

It's been over for a couple of comments now.


Actually I see now you haven't been posting since 10/24/12. Are you on the East Coast? Are you ok, family is ok?

Wed, 10/31/2012 - 14:19 | 2935182 MountainMan
MountainMan's picture

God damn!

Wed, 10/31/2012 - 15:25 | 2935436 stu11
stu11's picture

Wrong country, wrong time, silly man.  Odds are much greater you will go to jail for "terrorism" for posting these links than he will see one day in jail.  Corruption is nearly complete.  Mechanism no longer exists to bring someone like Corzine to trial.

Wed, 10/31/2012 - 16:42 | 2935640 MsCreant
MsCreant's picture

I down arrowed you because he needs to try. You may be right, but he needs to try...

Wed, 10/31/2012 - 14:48 | 2935294 Wakanda
Wakanda's picture

Those are very Precious Metals. 

No oxidation and probably stackable.

No need for a boating accident with them on board.

Thanx Biggvs!

Wed, 10/31/2012 - 16:05 | 2935558 redpill
redpill's picture

Looks like I need to uh, diversify my holdings.

Wed, 10/31/2012 - 15:13 | 2935394 blueRidgeBoy
blueRidgeBoy's picture

I have a new appreciation for physical PMs

Wed, 10/31/2012 - 14:12 | 2935165 LMAOLORI
LMAOLORI's picture



O = ZERO Criminal Prosecutions for that alone he deserves to lose his job

Wed, 10/31/2012 - 14:13 | 2935166 Skateboarder
Skateboarder's picture

If "answers" = "a way to keep Corzine out of any legal trouble indefinitely," then yes, Chicago will most certainly find answers.

Wed, 10/31/2012 - 14:14 | 2935168 Desert Irish
Desert Irish's picture

Wishful thinking...with the head of the Chicago mob sitting in the White House fat chance he's going to let one of his bagmen take a fall......

Wed, 10/31/2012 - 14:26 | 2935208 NotApplicable
NotApplicable's picture

...with the puppet of the head of the Chicago mob sitting in the White House...


Wed, 10/31/2012 - 14:56 | 2935324 NotApplicable
NotApplicable's picture

Wait, somebody thinks that the occupants of the WH are anything but reality TV?

Obummer has no idea what his opinions are until he's told them by his handlers, and Mittens is no different.

Wed, 10/31/2012 - 14:14 | 2935171 Yen Cross
Yen Cross's picture

Corzine has to step off his island surrounded by a crocodile filled moat sometime... When he does, all bets are on.

Wed, 10/31/2012 - 14:27 | 2935214 NotApplicable
NotApplicable's picture

You can bet he checks the political weather forecast first, ala Kissinger.

Wed, 10/31/2012 - 14:17 | 2935177 Dr. Richard Head
Dr. Richard Head's picture

Brazen malfeasance, fraud, and outright theft by the political class is now just becoming a normalcy bias for the mongoloid American public.  Fuck Corzine, fuck Bernanke, fuck Obama, fuck Geithner, fuck Romney, fuck Bush, fuck this horse shit communist central planning government and its cohorts. Fuck em all. 

Wed, 10/31/2012 - 14:26 | 2935211 unrulian
unrulian's picture

nice rant...reminds me of a Tool song...i like Tool

Wed, 10/31/2012 - 14:30 | 2935225 NotApplicable
NotApplicable's picture

I'll see you down in Arizona bay.

Wed, 10/31/2012 - 14:31 | 2935229 a growing concern
a growing concern's picture

Now that's a party platform I can get behind.

Wed, 10/31/2012 - 14:57 | 2935327 NotApplicable
NotApplicable's picture

I believe that how the Greeks invented democracy.

Wed, 10/31/2012 - 14:40 | 2935254 Renewable Life
Renewable Life's picture

Well said, from someone who understands the mere little fact, that we live in a ONE PARTY system, and have for over 40+ years now!!!

That party is the GCP- Globalist Corporate Party.........and yes you stupid motherfuckers who are confused about nonsense and bullshit, Obama IS a member, Bush is, Romney is, Kennedy was.......and on and on!  Harvard, Yale, Princeton boys who all believe in this fiat currency, debt spending, world hedgemony, empire building, military spending, welfare society, we call the USA today!!!

This fucking stupidity about nonsensical differences, like Abortion, Gay Rights, what Religion you believe in, birth control, etc, etc is just designed to create a FALSE REALITY of differences, that the power elite (GCP) KNOW don't mean shit and don't effect a thing they do or make their money on!! Blue and Red States, are you fucking serious, nothing is more symbolic of the kindergarten class nature of the American voting public then that shit!! Make it like a sporting event, so the masses can comprehend it!!  Give them a "team" to be on, they can cheer and where their shirts and hold their signs, and when its all over, nothing changes, but we do it all again in 4 years, so they think their in the game again!!!! actually I take that back, its not priceless its worth about a trillion a year in about less then 200,000 peoples pockets, who control this shit!!! 

Wed, 10/31/2012 - 15:15 | 2935404 Gringo Viejo
Gringo Viejo's picture

100 up arrows Renewable.

Wed, 10/31/2012 - 18:31 | 2935885 BlackMagician
BlackMagician's picture

You were good until you put Kennedy in with the group of hucksters...Kennedy was not a bankers friend....EXECUTIVE ORDER 11110

Many patriots have died tryin'

Wed, 10/31/2012 - 18:43 | 2935903 akak
akak's picture


Kennedy was not a bankers friend....EXECUTIVE ORDER 11110

Revisionist bullshit.

This wild and erroneous rumor about Kennedy "taking on the central bankers" with the mandatory and perfunctory reissuance of US notes, AS MANDATED BY THE LAWS OF THE TIMES, is so egregiously idiotic that it is insulting to even have to address it .... yet again.  Suffice it to say that if you believe that, you know next to nothing about US monetary history, or about how US Notes.

Wed, 10/31/2012 - 21:12 | 2936311 StychoKiller
StychoKiller's picture

He didn't state which Kennedy to whom (s)he was referring...

Thu, 11/01/2012 - 00:30 | 2936724 Renewable Life
Renewable Life's picture

All of them! Joe to all the Jr's.  

And thats not to say I don't respect the Kennedy Family or any other President on that list for their specific accomplishments, etc........but that doesn't change the fact they are ALL part of the same GCP scam and its ideological principles.  

The Bush Family and the Clinton Foundation have saved millions of children's lives around the planet with AIDS medications, the Kennedy's started the Special Olympics and the Peace Corp, Carter has done more for democratic reforms and peaceful elections around the planet then anyone else alive, Reagan faced down the Soviets in Europe and freed a continent, and Obama killed OBL in one of the guttiest calls a President could its not like we can't find bits and pieces of things that we like in all these guys, THATS NOT THE POINT.........the point is, we NOW live in a one party system, that's controlled by global interests, cash, and military spending/police state spending, and every federal and state politician knows it.........and they DONT GIVE A FUCK.  The Jeffersonian Republic was lost between 1912-1945 and what replaced it was this madness we have today!!  

Wed, 10/31/2012 - 20:21 | 2936136 Cathartes Aura
Cathartes Aura's picture

hey Renewable Life, I gave you an upvote for some good ranting about the ONE PARTY system in amrka, and the false notion of voting as a form of "change" in the way things are run, which is plainly obvious, it's all about the corporate STATE, and those who can profit from this knowledge. . .

I'm still going to add a caveat tho' - when you believe "abortion" is a "nonsensical difference" that you've not qualified with any explanations, you relegate a women's right to make choices about her own body to a non-important subject.  I've no idea what you mean by using the word "abortion" (given as shorthand, you may be referencing "birth control" etc.) but I can say that if there are candidates campaigning for representative roles, ie, to be elected, and they seek to enshrine their beliefs about denying body sovereignty to females Constitutionally, which would result in policing of women's body choices, and subsequent punitive actions, then I believe anyone has a right to point to this as "fucking stupidity" if this doesn't square with their beliefs.

laws are ALWAYS incremental creeps towards a loss of rights, and humans are losing more daily.  some of us are vigilant.

Wed, 10/31/2012 - 23:40 | 2936651 Real Estate Geek
Real Estate Geek's picture

Same argument could be made by gun owners.  It illustrates how powerful a technique we're up against. 

Thu, 11/01/2012 - 01:00 | 2936769 Renewable Life
Renewable Life's picture

Personel freedoms that are afforded to us by the Constituation, such as Gun Rights and Abortion, Religious Freedom, etc ARE NOT ISSUES THE GCP care about, I'm NOT saying they are not important and must be guarded and protected, IM SAYING.....these issues are an illusion of what makes the "two party system" seem real!  They create a wedge between the real problems we face and the illusionary ones.  The puppetmasters of this global corporatist crowd, don't want to take your abortion rights away or even your guns, THEY WANT TO FUCKING ENSLAVE YOUR CHILDREN IN FOXXCON LIKE WORK CAMPS and pay them $5 a day, and when this happens, they wont give a shit about abortion rights or gun laws, because you wont be able to afford to have one even if its legal and your children sure as shit wont be able to afford the ammo or the guns out there, even if they can be sold from taco carts on every street corner legally!!  

See Americans need to understand how tyranny works and how corporatist domination will play out, its already happening in Latin America, Africa, the Middle East, and Southeast Asia and those places are awash in weapons and unregulated wild west atmosphere's!  Its NOT about personal freedom and rights, ITS ABOUT destroying the democracy, destroying the middle class and its savings, and destroying the civil society of America that has empowered its people for hundreds of years and protected it from corporate domination, until now!  Focusing on personal freedoms as trillions of dollars in savings and spending power is evaporated on a yearly basis in this Country, is like focusing on how deep the water is as the ship your on is slowly sinking in the middle of the ocean!! 

Thu, 11/01/2012 - 13:12 | 2937947 forexskin
forexskin's picture

first, the constitution doesn't 'afford' us rights, it recognizes rights that exist independant of any acton to the contrary.

second, even though i agree with your points about the new feudalism generally, we recognize that protecting our rights *define* the essence of the opposition to tyrrany.

sure, we can talk about how the globalists want to enslave us, i agree - but your analogy of the sinking ship and the depth of the ocean misses it.  maybe the tools of globalist / statist / feudal tyrrany are like holes in the ship, and our rights as free humans describe the ships armamants. its less improtant that in our age, corporations and the state have combined into a new fascism as the torch of this tyrrany. the simple fact is this fire is burning our freedoms - and this time, fascism is the fuel.

"Resistance to tyrants is Obedience to God"- From the personal seal of Thomas Jefferson

i don't get your distinctions - especially about gun rights. why won't you speak also about rights to speech, free assembly, rights to be secure in our property and privacy. those things absolutely matter.

"The strongest reason for the people to retain their right to keep and bear arms is as a last resort to protect themselves against tyranny in government"- Thomas Jefferson

Wed, 10/31/2012 - 15:17 | 2935410 Gringo Viejo
Gringo Viejo's picture

100 up arrows Doc.

Wed, 10/31/2012 - 15:43 | 2935494 Lukacko
Lukacko's picture

This feels strangely apropos.


Well this is how we gonna' do this:
fuck Mobb Deep,
fuck Biggie,
fuck Bad Boy as a staff, record label, and as a mother fucking crew.
And if you want to be down with Bad Boy,
Then fuck you too.
Chino XL, fuck you too.
All you mother fuckers,
fuck you too.
(take money, take money)
All of y'all mother fuckers,
fuck you, die slow motherfucker.
My four four (.44 magnum) make sure all your kids don't grow.

Wed, 10/31/2012 - 14:18 | 2935180 Rainman
Rainman's picture

Splendid publicity for Jonny's new hedge fund to be named Deathstar,LTD.

Wed, 10/31/2012 - 14:19 | 2935184 Larry Dallas
Larry Dallas's picture

I said it before and I'll say it again.

All we need is a sniper with pancreatic cancer who wants to make something for his family and make a point about how these bad guys won't get away with murder.

I'm sure I'll get junked by the bleeding hearts from Middle America with family and friends in the military, but the point remains the same.

Wed, 10/31/2012 - 14:31 | 2935228 insanelysane
insanelysane's picture

We're probably just one terminally ill, corzined, farmer away from this being a reality.

Wed, 10/31/2012 - 15:03 | 2935360 tbone654
tbone654's picture

it will just get blamed on the "tea party" anyway...

Wed, 10/31/2012 - 16:51 | 2935520 helping_friendl...
helping_friendly_book's picture

15 Central Park West, NYNY.

They are all there.

2 blocks from Society For Ethical Culture.

I kid you not.

Sting lives there so, please, spare him even though I am not a fan.

Wed, 10/31/2012 - 20:29 | 2936163 Cathartes Aura
Cathartes Aura's picture

nah, take Stink too, pls.

Sting owns several homes worldwide, including Elizabethan manor house Lake House and its 60 acre country estate near Salisbury, Wiltshire; a country cottage in the Lake District; a New York City apartment; a beach house in Malibu; a 600-acre (2.4 km2) estate in Tuscany; and two properties in London: an apartment on The Mall, and an 18th-century terrace house in Highgate.[56] He also owns homes in the Caribbean, including one in the upscale community of Casa de Campo, Dominican Republic.[citation needed] Sting was estimated to have a fortune of £180 million in the Sunday Times Rich List of 2011, making him one of the 10 richest people in the British music industry.[57]

no one gets all that without some inside help, hmm. . . ^^

Thu, 11/01/2012 - 00:39 | 2936741 TahoeBilly2012
TahoeBilly2012's picture

Bono has turned into a world class NWO tool as well. His hearts probably in the right place, but the effect is to legitmize people like Obama.

Wed, 10/31/2012 - 14:20 | 2935186 Cognitive Dissonance
Cognitive Dissonance's picture

Must watch - but beware your blood pressure... as he concludes "we haven't heard the end of this - Chicago will find the answers!"

Chicago is part of the problem so I don't expect any help from them despite what the floor traders think or say. One rarely intentionally and voluntarily destroys what one is dependent upon.

<Except if you are a sociopath.>

Wed, 10/31/2012 - 14:25 | 2935199 reader2010
reader2010's picture

Don't forget to put your money into 401K.

Wed, 10/31/2012 - 14:25 | 2935203 apberusdisvet
apberusdisvet's picture

I'm waiting for the Wbster's Collegiate Dictionary to inculcate the verb "to Corzine"

Wed, 10/31/2012 - 14:32 | 2935233 NotApplicable
NotApplicable's picture

Urban Dictionary, of course, is already up to speed.

Wed, 10/31/2012 - 15:11 | 2935385 tbone654
tbone654's picture

but when you just lose your beer, your not really sufficiently flocked yet...  Unless all your worldly wealth is stored in beer and it was all taken...  And even then, you would have had the BEC (Beer Exchange Commission) stading nearby to protect you...

Wed, 10/31/2012 - 14:32 | 2935230 PUD
PUD's picture

House to release findings of year long investigation any day now...bhwaaaaaa

Wed, 10/31/2012 - 14:34 | 2935237 Quinvarius
Quinvarius's picture

Meanwhile NYC is being looted by the 99% and they are doing it the old fashioned way.

Wed, 10/31/2012 - 14:37 | 2935245 fuu
fuu's picture

They should head down to Per Se for some free grub.

Wed, 10/31/2012 - 14:58 | 2935333 NotApplicable
NotApplicable's picture

Surely that last table's been taken by now?

Wed, 10/31/2012 - 15:02 | 2935347 fuu
fuu's picture

Taken to a nearby loft space.

Wed, 10/31/2012 - 15:03 | 2935358 earnyermoney
earnyermoney's picture

By Tonya over at Knight Capital

Wed, 10/31/2012 - 15:08 | 2935363 Joe Davola
Joe Davola's picture

Grubs look kinda distasteful to me, but I bet they throw some gravy with a fancy french name on them and people shell out $300 a plate.

Wed, 10/31/2012 - 14:34 | 2935238 lunaticfringe
lunaticfringe's picture

If anything was going to happen to Corzine it would have happened by now. How idiotic do you have to be to think what??? That Chicago traders have enough clout to get Corzine? Shhiit.

The Corzine grand theft is over. You have a better chance of Obama admitting he let people die in Benghazi.

Wed, 10/31/2012 - 14:45 | 2935277 Shizzmoney
Shizzmoney's picture

The DOJ is in bed with the BIG crooks, pretty obvious.  They let Angelo Mozillo skate with a $20 million dollar fine (which taxpayers paid for).  Corzine walks away with basically setting over $6 billion on fire.  And Preet Bharara wants to persue "civil" charges vs Bank of America for its mortgage practices, yet when it comes to illegal sportsbetting, poker sites, or drugs....they bring the full hammer. 

They'll get theirs.

Wed, 10/31/2012 - 15:00 | 2935341 NotApplicable
NotApplicable's picture

As I ask anyone who'll listen, "it's fairly obvious by now that it's all a clown-show, isn't it?"

Thu, 11/01/2012 - 20:56 | 2935508 helping_friendl...
helping_friendly_book's picture

My first act as President would have been an executive order hiring 20,000
a Certified Public Accountants (call it stimulus) to waterboard and prosecute all the Wall Street, or otherwise, scumbags who were responsible for this chaos. Cheney included.

Obama did nothing which makes him one of THEM.

If your not with us you are against us.

It is blatantly obvious the two candidates work for the same team. 

We deserve what we get for not supporting OWS and the anti-war crowd when we had the chance.

To late now. We will get what we deserve. Nothing.

Wed, 10/31/2012 - 14:41 | 2935246 Schmuck Raker
Schmuck Raker's picture

Meanwhile in London:

"The bank also clawed back millions of dollars of compensation from Mr. Martin-Artajo..."

First they take your money, then they sue you, too.


Wed, 10/31/2012 - 14:41 | 2935256 Zero Govt
Zero Govt's picture

Damn right Rick

Keep the pressure up everyone, expose politics for what it is, thieving parasites and the worst scum on Earth

Wed, 10/31/2012 - 14:44 | 2935272 Joebloinvestor
Joebloinvestor's picture

Gensler is a SCUMBALL who should have resigned in disgrace.

He made one phone call, found out how bad it was, and got as far away as he could.

Wed, 10/31/2012 - 14:49 | 2935296 stiler
stiler's picture

Excuse me, but I don't have to read the article to ask:

Why isn't this guy Corzine on trial right now for the missing billions of people's money? What, if the crime is too big we don't prosecute? Or because he's a good ol' boy, he gets off?

Well, it will all come out at the last judgment, everyone's deeds. (Oh, except for believers', who have had their sins judged on Messiah's cross. But many will be judged at the second resurrection, both great and small.)

I am sorry. I have just told you you have to do something. Don't hate me.

Thu, 11/01/2012 - 13:17 | 2937995 forexskin
forexskin's picture

sorry, but why did you effin bother?

Wed, 10/31/2012 - 14:54 | 2935315 fijisailor
fijisailor's picture

$43 trillion dollar lawsuit filed in Federal court in Brookly against Corzine and the big banks.

Wed, 10/31/2012 - 15:16 | 2935407 LMAOLORI
LMAOLORI's picture



I saw that lawsuit a few days ago thing about that is any money damages awarded will be passed on to customers in the form of fee's. 

Wed, 10/31/2012 - 18:31 | 2935886 fijisailor
fijisailor's picture

43 trillion dollars worth?

Wed, 10/31/2012 - 14:55 | 2935321 Madcow
Madcow's picture

There is simply an overwhelming amount of fraud and corruption in the US markets - which is why public opinion is coming to the conclusion that the US and its institutions can't be saved. 

When you have the head of the IMF running around raping people and US Senators stealing money from farmers without so much as a reprimand, you know the sytem has already crashed.

Wed, 10/31/2012 - 14:57 | 2935328 insanelysane
insanelysane's picture

As I keep stating:

JPM knew the money being sent on during the final days was customer money as they asked for a signed document stating that it wasn't.

MFG knew the money being sent was customer money as no one there signed the document that JPM sent.

JPM never sent the money back when they didn't receive the signed document.

And then CFTC, MFG, JPM, Corzine et al conspired via the bankruptcy statute chosen for MFG to "legalize" all of the illegal activity.

Wed, 10/31/2012 - 15:02 | 2935351 Heyoka Bianco
Heyoka Bianco's picture

Chicago will find the answers!

Is that supposed to be funny or sad?

Wed, 10/31/2012 - 15:46 | 2935502 knukles
knukles's picture

Chicago sent us Obey.

Wed, 10/31/2012 - 15:03 | 2935354 Atlantis Consigliore
Atlantis Consigliore's picture

an ongoing Rico conspiracy; regulators and DSRO negligent- on it. 

Wed, 10/31/2012 - 15:04 | 2935362 Wakanda
Wakanda's picture

"Chicago will find the answers!"?

I doubt it Rick.  When has Chicago ever provided answers?

Great rant though...

Wed, 10/31/2012 - 15:06 | 2935371 Gamma735
Wed, 10/31/2012 - 15:12 | 2935389 vachon
vachon's picture

Nup.  Chicago can investigate all the way down to Corzine's buffed fingernails and he ain't going anywhere.  He didn't get to where he got by being legally sloppy.  

Wed, 10/31/2012 - 15:12 | 2935390 israhole
israhole's picture

That was hardly a rant from somebody sincere.

Wed, 10/31/2012 - 15:20 | 2935418 Zero Govt
Zero Govt's picture

the only time I questioned Ricky's judgement was defending the CME after their deliberate, premeditated and utterly corrupt take-down of the Silver price

'The Margin Call Scandal'

Wed, 10/31/2012 - 15:25 | 2935437 akak
akak's picture

Lie down with dogs, rise up with fleas.

Wed, 10/31/2012 - 15:39 | 2935487 Joe Davola
Joe Davola's picture

Who told you about my college years?

Wed, 10/31/2012 - 15:12 | 2935392 rlouis
rlouis's picture

I wonder what 'this' has cost the Chicago exchange and traders. 

Wed, 10/31/2012 - 15:18 | 2935416 surf0766
surf0766's picture

3:18 and we are green

Wed, 10/31/2012 - 15:20 | 2935421 Shleprock
Shleprock's picture

Ramp it baby!!!

Wed, 10/31/2012 - 15:26 | 2935439 Raymond K Hessel
Raymond K Hessel's picture

Rick Santelli 2016!

Wed, 10/31/2012 - 15:28 | 2935448 CrabGrassKila
CrabGrassKila's picture

Ricky Santelli is just Riding his Wave............. For as long as it will take him........

And by the Number of Extraneous events you can catch him at, the Wave is Cha- Chinging him,

just Dandy.....

Wed, 10/31/2012 - 15:29 | 2935451 Common_Cents22
Common_Cents22's picture

It's almost impossible for a small time bank robber to get away with even $20.   Corzine raids bank accounts for over $1billion, and nuthin.

Wed, 10/31/2012 - 15:31 | 2935462 Lendo
Lendo's picture

Santelli is the man 

Wed, 10/31/2012 - 15:32 | 2935465 Dr. Engali
Dr. Engali's picture

If there is one thing that will make me switch phones, it is the lack of flash and the fact I can't watch these videos.

Wed, 10/31/2012 - 15:33 | 2935469 XitSam
XitSam's picture

<- Obama pardons Corzine Jan 19

<- No pardon

Wed, 10/31/2012 - 16:11 | 2935581 FubarNation
FubarNation's picture

No pardon.  Barack Hussein Benghazi will still be in power.  Jon is safe.

Wed, 10/31/2012 - 16:57 | 2935675 helping_friendl...
helping_friendly_book's picture

They have to re-elect because the statute of limitations is seven years.

Not that majic undies would do anything.

I am amazed no one ran on the " I'll lock up Wall Street" ticket. 

Wed, 10/31/2012 - 22:59 | 2936576 Clowns on Acid
Clowns on Acid's picture

Pardons ? Corzine has not even been charged yet ! Wait until after Romney wins....then fry Corzine's ass !

Thu, 11/01/2012 - 00:31 | 2936729 XitSam
XitSam's picture

I've been thinking about this and haven't gotten an answer as a matter of law.  Didn't Ford pardon Nixon 'for the sake of the country' or something?  There was an impeachment starting to move through the House Justice Committee but Nixon had not been charged right?

Wed, 10/31/2012 - 15:35 | 2935472 MrBoompi
MrBoompi's picture

Right!  Chicago is going to tell London where they can stick their hypothecation rules!

What a douche.  It's been a year and not only have there been no new regulations, nobody's been prosecuted for stealing money!  So how are you going to soothe investors worries?  By saying Chicago is on top of it!  LMFAO

Wed, 10/31/2012 - 15:42 | 2935493 CrabGrassKila
CrabGrassKila's picture

Ricky and his Homies on the CME, just got Taken by, a Bigger Shark.....

Kudos, Corzine, you knew the right people,

Speaking of Sharks, I heard Wilby Ross was stuck in Palm Beach.........


Wed, 10/31/2012 - 15:53 | 2935525 FubarNation
FubarNation's picture

I'd rather have Peggy over at USA Prime Credit handle my money than Corzine.

Wed, 10/31/2012 - 16:09 | 2935571 Fix It Again Timmy
Fix It Again Timmy's picture

This lady got 43 years, she clearly was an unconnected amateur...


Wed, 10/31/2012 - 16:10 | 2935575 DeFeralCat
DeFeralCat's picture

Corzine walks on water so the hurricane would not have impacted him.

Wed, 10/31/2012 - 16:10 | 2935576 Jam Akin
Jam Akin's picture

Most of Chicago's answers are in DC now.

Wed, 10/31/2012 - 17:53 | 2935792 EZYJET PILOT
EZYJET PILOT's picture

Corzine just takes the attention away from the rest, JPM GS etc. He's an easy target, I'll take notice when tehy start talking about JPM on cnbc in the same vein.

Wed, 10/31/2012 - 20:08 | 2936092 Downtoolong
Downtoolong's picture

We all know where we would be if we did what Corzine did. That's all there is to know about how sick this situation is. Even sicker is the fact that all regulators who supposedly oversaw this fiasco are still in their jobs.

Thu, 11/01/2012 - 07:12 | 2936934 pparalegal
pparalegal's picture

Too many "Obamaphone's" have no clue who Corzine even is, and the Jabba-the-Hutt bosses know it. There is a revolution brewing.

Thu, 11/01/2012 - 13:20 | 2938008 toomanyfakecons...
toomanyfakeconservatives's picture

Too many figurative "wars" and figurative "murders". The Golfer-in-Chief leaves American civilians and military defenseless to die and tells the military to stand down... what do you call that?

Fri, 11/02/2012 - 15:05 | 2942251 aubreyfarmer
aubreyfarmer's picture


"And it may well be that this same astounding race may at the present time be in the actual process of producing another system of morals and philosophy, as malevolent as Christianity was benevolent, which, if not arrested, would shatter irretrievably all that Christianity has rendered possible.  It would almost seem as if the gospel of Christ and the gospel of Antichrist were destined to originate among the same people; and that this mystic and mysterious race had been chosen for the supreme manifestations, both of the divine and the diabolical."   Winston Churchill   

I just can't imagine who Churchill was talking about.  

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