This page has been archived and commenting is disabled.
MF Global Trustee Speaks: It Was All Corzine's Fault
In the somewhat unsurprising conclusion of former FBI Director Louis Freeh's investigation into the MFGlobal collapse, Jon Corzine's aggressive bets on European sovereign debt led to the firm's dramatic collapse. The 124 page report (below) is extensive; noting, as Reuters reports, that Corzine's single-handed "negligent conduct" contributed to the company's failure. It was also "almost impossible to properly monitor the liquidity drains... caused by Corzine's proprietary trading strategy," the report said, adding that the "glaring deficiencies" in the firm's internal reporting were, "long-known to Corzine and management, yet they failed to implement sufficient corrective measures promptly." The investigation, based on interviews with former MF Global employees, board members and the review of hundreds of thousands of documents, concludes, "The risky business strategy engineered and executed by Corzine and other officers and their failure to improve the company's inadequate systems and procedures so that the company could accommodate that business strategy contributed to the company's collapse." Obviously, Corzine has denied any wrongdoing.
Jon Corzine's aggressive bets on European sovereign debt while head of the MF Global Holdings Ltd brokerage led to the firm's dramatic collapse in 2011, according to a report by the bankruptcy trustee.
Former FBI director Louis Freeh acknowledged that a slow U.S. economic recovery had played a role in MF Global's woes, but he said "negligent conduct" contributed to the company's failure.
...
"The risky business strategy engineered and executed by Corzine and other officers and their failure to improve the company's inadequate systems and procedures so that the company could accommodate that business strategy contributed to the company's collapse," Freeh wrote in the 124-page report.
...
Freeh's report found MF Global management ignored the hedging recommendations of its chief risk officer, Michael Stockman, and lacked the controls to monitor its cash on a real-time basis.
The weak reporting system also prevented the company from knowing that cash from segregated customer accounts was being used to meet margin calls tied to MF Global's own bets on the sovereign debt of countries such as Portugal and Ireland.
"These glaring deficiencies were long known to Corzine and management, yet they failed to implement sufficient corrective measures promptly," the report said.
Freeh's responsibilities include pinpointing possible legal liabilities of the management, and the singled out the "failures" of Corzine, former chief operating officer Bradley Abelow and former chief financial officer Henri Steenkamp.
...
On Friday, U.S. Bankruptcy Judge Martin Glenn will be asked to approve MF Global's plan of liquidation. General unsecured creditors of the holding company are expected to collect between 14.7 cents and 34 cents on the dollar of what they are owed, according to court documents.
Full Freeh report below:
»
- 17960 reads
- Printer-friendly version
- Send to friend
- advertisements -
He needs to be found and defenestrated from a tall building.
I see the bus hasn't left the station yet... more time to throw a bunch of them under the bus!
Or hung from a tree.
(Not aimed at Mr. Hulk) Why so many here who apparently get what's going on, still cling to ideological constructs, with fervor of a Bolshevik. The "right" of corporation to exercise its economic power without restraint is construed by the partisans of the "free market", as a form of freedom, a political liberty implied presumably by the right of individual citizens to own and use property. An idea of Free market is not any better than Comunism.
It's the fact that Mr. Corzine illegally used OPM (Other People's Money) as his risk capital, unbeknownst to said OP. Additionally, when he fucks the duck, he walks away--not just scot-free, but seemingly whisked away in a golden chariot.
The beef is that corzine-types don't play by the rules, get caught, and still walk away with seemingly no penalties. And wipe out everyone else in the process.
Lather rinse repeat; FNMA, BigBanks, etc etc.
I'm all for bringing back a good old-fashioned lynching for folks like him.
Get Corzine POWNED bitchez
Steal Bread, go to jail for 6 months. Steal billions, get an invite to the white house to shear your secrets
He's just a cruel jokester, pay no attention to him!
Anyone seen or heard from Edith O'Brien lately?
<Edith O'Brien?... she owes me money>
Heads, the Hon. Jon Corzine wins.
Tails, you lose.
Free Jon Corzine.
Oh shit. I meant Fuck Jon Crozine.
No, I haven't forgotten about you, Bernanke.
the audacity of greed
Vice President talks about an American Bank Holiday - and Jon Corzine was the saviour:
VP Biden says he called Jon Corzine for advice
http://www.youtube.com/watch?v=d-cLZai63GA
Sniff sniff. What's that I smell? A pardon in January 2017?????
In some ways, as much as I consider myself a Democrat, I would say that the most prompt and vigorous response to fraud we’ve seen in the last 20 years has been the Bush administration’s crackdown on Enron, Tyco and Worldcom following the revelations of these massive frauds earlier in the millennium. Despite campaign contributions, John Ashcroft’s Justice Department went after these people and put the resources and set up the task forces and brought them to justice, which is what we’ve not seen in the last five years. -- jim chanos, alternet
WHO?
Ashcroft is the guy Bush had to fire for having too much (ie any) respect for the constitution
man, i am really confused....i know freeh is one of them, and i know corzine is one of them....so it will either end were corzine is found stupid, not dishonest (wink)...or he is charged, found guilty than pardon.......their is no way he acted alone...so this is the dog and pony show that will be presented to the stupid zerohedgers (right mario?) who have no idea how things work. and of course we will be paying the millions upon millions of frns that it will take to prosecute and defend him with the most expensive lawyers known to man...of course i could be completly wrong
I bet Freeh and Corzine are having a big laugh about it right now.
Right, they shook hands and simultaneously said "well done."
Freeh then said to Corzine, got any other things I can help you with, Jonny ?
zerosum... his 'loss' goes to who's gain? the whole gang's fund on the other side of that 'risk'
there was no risk.. he bascially Western Union'd it to his gang of thieves
& not a finger was raised by any politician.
I hope he sticks around whatever hole he is in, because I'd take my time on that guy.
"Dont know where the money went"
What is the punishment for Congressional perjury again ?
Its high time to FREE JON CORZINE!
Oh wait...
Yes, free from these earthly bonds so his spirit can... well... bring the burn ointment Jon...
even if he goes in for a showtime jail stint he'll get pardoned in 3 years max
Kind of like what Holder is attempting to do for Andrew Skilling, yes?
a job at goldman sachs or other similar company, campaign fund scrounger
there are other punishments but i wont bother to list them
The beef is that corzine-types don't play by the rules, get caught, and still walk away with seemingly no penalties. And wipe out everyone else in the process.
Welcome to life, see: history.
The rules do not apply to Jews. Had Martha Stewart been Jewish, she would never have been prosecuted.
This guy used segregated accounts, he was caught essentially red handed. He should be sharing a cell with Madoff and even Madoff is saying the banks knew what he was doing.
He gets away with it because our idiot politicians let ass-faced bastards like Corzine call the shots for our country.
http://www.youtube.com/watch?v=xm3VMrKqJSA
This kind of scam can only happen under the blessing (read: protection) of the apparatus of state. A free-market would've blown any entity acting "without restraint" out of the water long before this level of damage could ever be achieved.
You seem to forget that the right of corporation is also a privilege of state.
As for the "why do we hold such convictions?" There's this thing called ethics and morality that absolutely depend upon people having free choice to exercise. Take away any freedom under the guise of protection, and it instantly corrupts the entire system, protecting those who hold power over it.
Not a big fan of governments, either.
And, now, if we could only get to the bottom of 9-11 and the collapse of Bld. 7 as succinctly.
This kind of scam can only happen under the blessing (read: protection) of the apparatus of state. A free-market would've blown any entity acting "without restraint" out of the water long before this level of damage could ever be achieved.
You've got to get your definition of free market narrowed down. As you go on to say...
You seem to forget that the right of corporation is also a privilege of state.
Under what system are you advocating 'free market' economics? Usually in the US when someone is talking about 'free markets' they are referring to as-associated with capitalism. Capitalism is a state-based system.
If you're talking about free markets under some sort of anarchy based system you're talking a very very different thing.
1.6 billion rounds of "practice ammunition" says it ain't gonna happen.
The idea of "crony" capitalism is no better than Communism.
A truly functioning free-market does not have MFGlobals and PFGBest's occuring at heartbeat frequency.
Yes, it is true in a free-market that frauds can happen, but that is a reflection of the mores of the time and of the ability of people who are supposed to be held reponsible.
What is different from a free-market and a crony-capitalist market is that in the free market, people like Corzine would be found guilty and the maximum allowable punishment would be enacted to prevent further frauds of this nature from happening.
Corzine was the product of a vast and swift revolving-door. It seems the guys pushing this door the most are the ones responsible for the majority of financial crimes committed in a crony capitalist system.
A return to sound money, glass-Steagall, and commitment to budget surpluses with a fair-flat tax environment would ensure the best functioning free-market without the luxories enjoyed by the top banking elites and plutocrat class that can script their destiny through the ink of a pen or a click of a button.
All this about Corzine is probably true. However, it does not change the fact that receivers, trustees, judges that appoint them, and lawyers for the receivers and trustees are all members of the absolute lowest form of racket on the planet. The customers and shareholders of MFGlobal will likely never see a dime of their money due to this racketeering.
Don't forget the cops who protect them and the judges that turn the other cheek.
I resemble that remark! (+1 for you anyway)
Wouldn't you know they blame it on the guy who has a get out of jail free card.
Would anyone shed a tear? No, I bet everyone on ZH would cheer.
124 pages to say GUILTY!?
Guilty? SHEEEEit. Apparently many here including the trustee DON'T UNDERSTAND...
Corzine is within the inner circle of the PRIESTHOOD. Therefore, he's untouchable. A fucking HERO to the religion. He communes with PONZI.
Writing your congressman DOES NOT MATTER.
12 reasons why...
1. He's a former Goldman CEO
2. Former US Senator
3. Former US Governor
4. Friends in the CFTC
5. Friends in the SEC
6. Friends at the FED
7. His crime involves stealing over $1,000,000,000... "Felons" steal much less.
8. His crimes are too complicated for average citizens to understand
9. Wealth transfer is only deemed outrageous when the lower class is the recipient
10. An investigation that runs too deep could disturb markets
11. A lead Obama fundraiser
12. And he's .............
FREE...
~~~
Unless you want him as a guest at your kids Bar Mitzvah... That'll cost ya...
........in the tribe, I know, I know.
Corzine claims that his ancestors were Italian and French.
...and?... That changes anything?...
Actually tickhound, the key point in your list lies with number 8. This is why there is no justice and why that man will walk with complete impunity until his death. An alive sentient population would never allow such a deeply depraved individual escape punishment. There lies the rub. Unfortunately to wake up people today one must resort to extreme measures: starvation, homelessness en mass, in your face FEMA camps etc. This seems unlikely in the near future. The few who are awake are just to few to make any meaningful change. The masses have the numbers but they have relinquished their powers long ago.
Yesterday I accidently left the door open to my chicken coop and coyotes had run off with 4 of my laying hens. Furious I grabbed my rifle, tossed a hen outside the coop and angrily laid in wait for them to show up again so I could blow them away. After 2 hrs shivering in the cold I finally came to the conclusion that I was being an idiot. There will always be coyotes out there waiting to take advantage of an opportunity. That is just the nature of a coyote. It simply, by its nature, will never respect my property. The fault lay with me for failing to close the gate to the coop. That's not to say if I had caught them in the act and had a weapon I wouldnt have shot them. I think knowing the nature of the beast (bankster) and protecting oneself against their insatiable lust for power and money is more effective at the present time.
Miffed;-)
They left out the part that says, "Mr. Corzine could not be reached for comment because he was blowing through millions of dollars while molesting small boys in Thailand."
Seems more like 124 pages to limit claims against Corzine to those of a civil nature -- the lawyers might be gearing up for a breach of duty case against Corzine -- which is nearly impossible to win on these days. . . but fees are fees.
Any news on the rehypothecation of peoples money and other assets?
Quite a trick that is, eh?
Dear sir, we regret to inform you that your funds have been appropriated to cover Jon Corizine's bad bets. As you may know, Mr. Corzine is a political insider who has bundled large amounts for President Obama. Therefore, you have a snowballs chance in hell of ever being remunerated. That is all.
Perhaps they can re-hypothecate Mr. Corzine's personal fortune to the people he ripped off?
Louis Freeh is a sociopathic POS.
His eyes look darker and more evil than Boris Karloff, who was a very nice man, BTW.
Freeh Jon Corzine!
As an "independent" investigator, his job is to put his name on the bottom of a report written to lend an air of credibility and protect those above the level of his investigation.
He's not going anywhere.
And If he does end up in some posh white collar prison/country club, He will be one of the first people Obama will pardon when his term is up.
Its actually better to leave him alone until just before the statute of limitations runs out, so that his imprisonment will be AFTER all the pardons are signed off.
Again, its a on the premise of a big IF.
Does no one own any rifles with scopes anymore?
someone just go on the 'domestic terrorist' list......... you can't SAY it and even thinking it may be risky these days
There is no such thing as a white collar prison/ country club. Federal Minimum or no security is still prison and it sucks. Corzine is not going to prison.
Couldn't agree more... and it should be a long and drawn out, not quick and painless.
Anyone know where this scumbag is hiding out?
Who's providing him cover?
Found? the dude still has his condo in Hoboken. He aint hard to find. He is hard to convict though.
It was Corzine's fault?!?! No way....
Now put the motherfucker in jail where he belongs.
Never happen. Freeh gave him a get out of jail free card with the inclusion of this...
Tell me, just what is the crime of implementing weak control systems? Even if he deliberately dismantled formerly strong systems, they'd still have to prove intent.
As always, "plausible deniability" FTW!
Ok, then how about a walk in the river with cement shooz?
Paging William K Black
Too bad Luca Brasi can’t be conjured up for one last job.
M F 'n BITCHEZ !!
The great heoric patron saint was just wrong.
..and a good bundler.
Strap him to a heavy chair, shave his head and beat him to death with a soup ladle. It will take days and we will have to work in shifts, but it will be worth it.
It will take a lot longer if you beat him instead with a roll of papertowels. I'd go with that.
if you go with both the pinging of the soup ladle combined with the base effect of the paper towels could be "musical"
I say socks filled with the various commodities his clients owned before he blew them up. One for silver, one for gold, one for corn, etc.
How about a steer?
Just use the tail, or a bull pizzle.
How does one fit a cattle in a sock? Hmmm...
Just make the sock bogger.
I think a frozen pork bellie would be more effective.
had a buddy years ago who "rookied" a bunch of guys asleep in their hotel room beds by beating them with a giant shit filled sock, one guy was so drunk he didn't wake up until the next day to find himself cuddling up to the same shit filled sock. infamous
How about just sticking a corncob up his cornhole? Then he can get the added benefit of claiming he's "gayly married" and conjugally visit himself.
Where are the handcuffs?
It was all Corzine's fault! Why is he still walking around a free man? MF Global clients only got 72 cents on the dollar....they should sue Corzine personally for the balance and bankrupt the corrupt bastard! All that gold people would have bought by demanding delivery (just ask Gerald Celente). Anyway.....we all have to be thankful for today's (and everyday's) Gold Price Girl!
http://www.gold-price-girls.com/
I'm sure Corzine got some good dirt on them bastards. I think a good interogation is in order for him. I'd bet you he'd sing like a canary with a little coaxing. In a non-violent way of course.
Gerald Celente should be the first to get a crack at him.
Some forecaster Celente is.........btw, he gets all his material from ZeroHedge
There is no consequence for crony capitalist crimogenic behavior. Bow down to his Randian moral superiority as measured by his wealth. He just went Galt.
he did it
"The risky business strategy engineered and executed by Corzine and other officers and their failure to improve the company's inadequate systems and procedures so that the company could accommodate that business strategy contributed to the company's collapse."
There, Corzine! Put that in your pipe and smoke it!
I hope he feels really bad. I hope he cries.
/s
If ugliness was money he would be giving it away ,not stealing it.
Yet Corzine continues to hold his Stay Out of Jail "Freeh" card.
Isn't Freeh the same piece of shit who covered up the Sandusky pedophile ring in Penn State? The one where the DA went missing after looking into allegations of boy rape years ago ? I don't know, I could be mistaken. Maybe the boy loving faggots that hold the reins of power really don't like young boys assholes.
The fact that this guy is a free man shows what a banana republic the USA has become.
You guys keep missing the point that all he did wrong was fuck up at business. His clients were investors, is the logic, and they should have diversified.
That's not my personal opinion. That's the way it's being handled. As we are seeing now with bank deposits, everyone is now an investor and all funds in any vehicle are at 100% risk.
Well said Cougar, which is why the velocity of money is dropping like a rock.
How did that other Great Depression get started again???
Tell that to te people with money in the segrated accounts that he used!
The people who lost money have already been told all this. They are now in line with the rest of the creditors trying to pick something from the carcass, maybe in 10 years they'll get $.05 on the dollar.
This is all now financial history. Nobody is going back to change it. I said at the time that this would be a model for future pillaging, we see it at play in Cyprus, the ball is rolling and we'll see it again somewhere unexpected very soon. We might even see a US law passed that makes bank deposits 100% at risk despite deposit insurance. Savers could and probably will lose 100% of deposits.
This is the model. This is how they will do it. Just walk in and take the money. All the money, all at once, without negotiations of any kind, and you can sue everyone if you want afterwards with any money you have left. The lawyers will love it.
It's really depressing. I don't know what to do.
What to do? Keep stacking...and stay away from boats.
Folks I knew that were using MFGlobal have gotten back about .83 cents on the dollar. (Sold their claims to the legal sharks to fight for the rest)
just sayin...
The corrupt government and this corrupt scumbag disgust me to no end.
Caught by his wife, butt ass naked with another woman, in bed and his wife calls him on it and he says "wasn't me" while the woman quickly covers herself and leaves the room...
This is not the husband you were looking for . . .
And just who did the episcopalian who looks more like a rabbi than any rabbi buy "from"?
Who was/were the counterparties the trojan horse benefacted?
How about sending account holders a rubber check then sending them a zero balance account statement? Bingo! Instant general creditor. Fucking crooks.
Corzine's "proprietary trading system" = sheep shearing/muppet mowing = sanctioned theft
I bet Criminalzine's ears are thouroughly sore from the vicious boxing they've taken; just vicious.
Pretty sure we all knew he was guilty on day 1. Maybe day 2.
These fuckin cock suckers needed 174 pages to tell me that...that fuckin fuck Corzine was behind the collapse of MF Global...You should have called me first...and I could have saved you lots of time Louie Freeh...And Corzine you fuckin fuck....You old bastard...I hope you have a heart attack when you jerk off!
Corslime should hang in the electric chair for what he did to MF Global and New Jersey.
The problem with that is half the people in Jersey would vote him back into the Senate or Drumthwacket.
How I wish he had screwed some of the local mobsters... they know how to handle the situation.
This administration is nothing more than a bunch of street thugs! See, "you's got to pay to play!" There's no telling how much payola this bunch is collecting not to prosecute known criminals! Mobsters, that's all! But, what are any of ya going to do about it...nothing! Go ahead and face it...Obama was right when he said that "whitie" was a coward...or did you conveniently forget that....very conveniently, I'd say...
This administration? LOL WUT?
Why do you focus on such tiny non-players? The best claim these people can make is that they are the best puppets money can buy.
And Obama put Jack Lew in at Trteasury, when Biden's financial mentor, Corzine was available. Go figure.
Quick: Throw the crooked bastard under the bus, back up do it again, the repeat!
The optimum penalty for Corzine should be a slo-mo disembowelment via roto-rooter. A definite pay-per-view winner.
A public beating and hanging it too good for this scumbag.
This guy started trading bonds with Goldman back in the 80's, when interest rates were 15%. When rates were
dropping from 15 to 7, how smart do you have to be to make money trading bonds? Everyone thinks he is
so smart. He was very lucky, not smart. Look what he accomplished after that. Senator(see any debt declines
under his term?) Gov. of New Jersey(took a bad state and made it worse, many times over) And then
MF Global(dumb trading decisions, i should say delusional trading decisions, and MF go poof!)
So, this so called smart guy, is really dumb, dumb and dumber than all the rest.
Madame LaFarge had the right idea in Tale of Two Cities(guess what that was?)
VO
realizing that this is a bankruptcy court document, the word criminal doesn't appear once.
Civil only appears once.
Illegal appears once to say that FTI is not looking for illegal acts.
So now what for corzine, mayor NYC or Chicago? Imminently qualified...
I hear NJ needs a Democrat to run against Chris Christie now that cory has decided to run for Senate.
Obama's going to get a serious case of carpal tunnel syndrome when he starts signing all those pardons in 2015.
Wouldn't someone have to be convicted first in order to be pardoned?
As long there is a human lawn-jockey running DOJ how is there anyone to pardon (and wear down his limp wrist)? Unless he starts releasing the handful of kleptocrats imprisoned by the Bush DOJ.
Q: Wouldn't someone have to be convicted first in order to be pardoned?
A: No. Ford pardoned Nixon for anything he may have done.....
Nobody thinks that the timely reporting of Skilling's early release has anything to do with the release of the Trustee's findings, do they? John, we need you to do a little time - don't worry, we'll treat you good and let you go once the smoke clears.
Actually I think it's the other way around. Skilling is back on the front page so everyone doesn't notice the white wash by one Mr. Freeh.
Read through that report again. From my searching, there isn't a single instance of criminal activity alleged. Instead it's all "poor management decisions."
In other words, it's fodder only for civil suits by investors of MFG.
I guess it doesn't make any difference anymore whether you've been Cyprus'ed or Corzined. As long as you're either well connected or the IMF, it's not really stealing.
DUH.
They didn't even take away his broker license.
Talk about rubbing the victims noses in it.
No crimes have been alleged, let alone charges filed.
who did the jew buy from?
"jews" really have no limits, no boundaries. They are a race cult of sociopaths masquerading as a religion.
They are immoral criminals who destroy everything and build nothing.
If you have a few names of such Jews then I also have a few names, but your statement is far too broad and indscriminate as to make it unfair on the many decent Jewish people. Moreover it leaves out top class psychopaths like Cheney, Rumsfeld, Tony Blair etc etc.
Eugenics was tested by the free market (in an ideological world war) and eugenics lost.
Which is why ever since WWII racist thinking has been understood to be a weakness.
Traits are possessed by individuals and not groups. If every rich man is a white man it does not mean every white man is a rich man.
The time has come given that there is no technology constraint, to demand that all financial institutions install black boxes through which all transactions of financial institutions must pass and be recorded.
Ths will surely make prosecution much easier and in fact it will lessen wrongdoing given that the audit trail will be much clearer.
Lets look at this a little closer. Was not this Louis Freeh the same guy that shveled dirt/did most of the cover up of what really happened at Ruby Ridge???
So you really expect this guy to nail Corzine??? I am snicker aat you ignorance!
Someone needs to get the balls and take this fuck on the one way ride he deserves. You know, the Jimmy Hoffa ride!
I have no intention, I did not lose any money, but if it was my 1/2 million he stole, well I would be a little more hard nosed about it. Fuck him, fuck the horse he rode in on, and fuck the dog following the horse! The rest of the fuckers that are letting him get away with it deserve the same rone way ride!
Exactly, i'll only add that if someone lost that much and did not take a concrete or covert action to insure that Mr. Corzine suffers some real consequences, then they came into that "wealth" without having to really work for it and probably never really deserved it to begin with. Go ahead, steal just a few thousand from the right person or persons and see what happens.
It should be noted that Freeh is the trustee of the holding company. He has no authority to bring any criminal charges. His only recourse is to sue individuals on behalf of MF's creditors. Also, MF's clients ultimately got their money back, IIRC. Any criminal cases would need to go through the CFTC, SEC, or Justice Department, and good luck with that with Team Obama and Chicago, Inc. running the show.
This Cyprus story is getting old.
Oh. This is MF Global. Totally different
Nothing is old for as long it is a festering wound without the wrongdoers being having been punished.
Indeed.
Betting on euro bonds and then your depositors taking a haircut is starting to look like a theme
How can this report be so?
Corzine is the greastest financial mind that our President and Vice President rely on for economic advise. How can a man who has raised so much money for this administration and other democrats, be so villified.
Is there no way to protect this mans reputation? Cant our Attorney General do something to shield him from our contempt? Where is the outrage within the Jusctice Department?
where and when will this thief surface next
I heard Bernanke is thinking about running for the exit soon, with Corzine's credentials he would make a stellar replacement.
Interesting, and yet Corzine walks free. Bye, bye dollar! When fraud is the status quo, possession quickly becomes 100% of the law.
Clearly, there will be no justice. I just a check from the trustee that makes me 89% whole. The balance is coming, they say.
I said, in print, the weeks after this a-hole stole from me that they would drag this out until people got bored, print the money to repay everybody so no one could argue damages, and he would not go to prison.
I never signed away my rights to sue, and I understand that a class action suit will happen. Can't wait, beeyatch.
I ask that everyone quit using the word shit. Replace it with Corzine. "You are a stinking pile of Corzine" "Dude. I just took the world's biggest Corzine." Same with the f-bomb. "I got so Cozined" "That guy is a real Corziner. Never trust him."
And after your morning Corzine, please wash your hands with warm, soapy water. You don't want to Corzine in everyone's food, or shake their hands with Corzine on yours.
Oh yeh...Jon Corzine...I kinda remeber him ....it was nice of Freeh to release the report 1.5 years later...y'know in between the Korean nuke "crisis" yesterday and the Mario "lotsa political capital invested" news cinference today.
Hey could Scott ask Freeh some Corzine questions from the ZH crowd ?
Great - Let's put him in charge of Obamacare now
Since Obunga and his dick-boy "Roach" Holder are part of the massive corruption... I hope some small group of MF Global screwees takes it into their own hands and metes out justice to Corzine... in a most ghastly fashion... the need for direct action is growing all the time...
The individual States need to go after Eric Holder and bring him to justice. I mean Holder. And, then go after Corzine.
Nonsense. Holder is just a messenger boy sent by a grocery clerk.
Impeach Obama and then try him for treason right here. Then try him and all his junta in Brussels for their genocide and war crimes.
Honorable
VONCEs...ALL VONCES....ALL IN ON IT.
I just have one question,"How does 1% of the American population get to where they CONTROL the movie industry, Wall Street, the FED, the Treasury, the banks, etal?" Are they really that much smarter than the rest of us, or is there not a mafia organization that has taken the entire Western World into it's clutches! Yes, they are quite intelligent as a group...but not one that I've ever known was a happy human being. And every poll that I've ever seen shows that the wealthiest among them are the most miserable among us. From my experience, those polls are accurate. If they weren't such arrogant bastards I'd feel some pity for them. But every one of them that I've known made that nearly impossible. Freud himself called mental illness "The Jewish Desease." At least, that what is told...I wasn't there.