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You Can't Make This Up: MF Global Sues PWC, Blames It For Its Collapse
File this one in the "you can't make it up" category. Over two years after the MF Global collapse, in which the primary dealer headed by Jon "I don't recall" Corzine all but admitted it had engaged in the cardinal sin of any financial intermediary, i.e., commingling money, to cover up a trade gone horribly bad and which resulted in the disappearance of some $1 billion in client funds until such time as the bankruptcy process managed to "liberate" funds from other part of the company, MF Global has suddenly figured who is at fault: not the CEO, not his brown-nosing lackey, not some janitor meant to be scapegoated precisely in a situation such as this, not even the infamous "glitch" - no, the party that is accountable for the firm's theft of client funds, and horrible investing decisions that led to its bankruptcy, are the accountants.
No really: yesterday MF Global Holdings sued PricewaterhouseCoopers LLP for $1 billion, alleging accounting malpractice helped bring down the brokerage company.
Like we said, you can't make this up. From Bloomberg:
PwC, which provided outside auditing and accounting experts, failed to advise the firm to account properly for its European sovereign debt holdings, leading it to over-invest in them, MF Global Holdings said in a complaint filed today in Manhattan federal court.
“But for PwC’s erroneous accounting advice, MF Global Holdings could not have -- and would not have -- invested heavily in European sovereign debt to generate immediate revenues and would not have suffered the massive damages that befell the company in 2011,” MF Global Holdings said in the complaint.
MF Global filed for bankruptcy on Oct. 31, 2011. Customers have claimed in lawsuits against the firm’s former executives that more than $1.6 billion of their funds that should have been segregated went missing, transferred to other parts of the company during the liquidity crisis.
Christopher Atkins, a PwC spokesman, didn’t immediately return a voice-mail message seeking comment on the suit.
In retrospect: almost brilliant. MF Global, or what's left of the estate, is using the old tried and true "Enron defense", where if there was corporate criminality, the accountants were surely involved. And they most probably were. There is one problem though: in the case of Enron, all of its key executives, Lay, Skilling and Fastow, got prison sentences. In MF Global's case of Jon Corzine... not so much.
Why? The answer:
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Marx wrote that history repeats itself. First as tragedy, then as farce.
The MFers pulled another Enron. There is an old Chinese saying - "He who screws with book cooker in pantry often gets ass in a scam."
Fascism.
see...i knew it couldnt be jon...he is the honorable mr. corzine...cause that what it says on his plaque
honorable?? ...maybe not so much......but that is one smokin' hot babe..........so i guess crime does pay.....if you're in the club
Here, let me have a try:
But if PWC didn't tell MFG what they wanted to hear then MFG would have hired someone else.
Am I getting close?
So, if I steal money from other people and then don't pay it back, it would be okay as long as I knew the Choomer in Chief? Cool. I need to call ol' Barack up, bring some of the good shit with me, and then stop paying my mortgage, my credit card bills, etc.
What dit the woman say about not having to worry anymore? Barack's going to pay for my house, fill up my car, and so on. It looks like it works...at least for the 0.01%
Was I too subtle? I'll try again:
"It's the free market's fault. I bought the best accountants that money could buy and they still weren't good enough!"
Maybe I shoulda stuck a "/sarc" tag in there somewhere.
"No Jon, when I told you that good accountants make you money, that's not what I meant."
"... and when I said that good accountants pay for themselves, it doesn't quite work that way. You still have to pay them."
...
In all the Mafia stories, the consigliore never gets whacked. They just show up and calm down the capo di capo tutti.
Different level of gangster, it seems.
Who they should be suing is the Fed. It's he Fed who's been funneling $$ to Europe to keep their interest rates from rising. As a result MFG was left empty-handed re their investments in junk bonds there.
Can we sue them for keeping house prices unaffordable for the last 15 years plus ...
http://www.youtube.com/watch?v=MeXQBHLIPcw
Oh, hang on. I forgot.
http://www.youtube.com/watch?v=GhBa12DobiM
Never mind ...
When, o when will Corzine go to jail?
He would then have ample time to consider the maginitude of his sins and to figure out how to make amends... Oh, say, like, pay the money back he stole, you know, that sort of thing.
He will have to do a LOT of forgiving before he will ever be forgiven. A hopeless task? Perhaps not, but in his case, probably so.
Corzine... Like ZH member "nmewn" last night coined the term "Rubinomics", "Corzine" might become a term that gains traction.
ZH should submit ZH-isms weekly to urbandictionary.com, eventually some of them might stick.
When someone says they've been Corzined, I know exactly what they mean.
This is not a ZH-ism, but one I think you will like seek. This is the kind of thing that fonestar perhaps should be posting:
http://i.imgur.com/CzyO1yv.jpg
A confidence builder...
***
I joined https://bitcointalk.org/ with the handle "OROBTC".
It was a bitcointalker who solved my QR Code question (at my blog), NOT a ZH-er (to my knowledge), so I sent him his 0.05 BTC prize from Peru.
great photo: The Honorable Jon Corzine with that Nobel Peace Prize winner..what's his name again....?
no, they should sue the sheeps for been ignorants and dociles.
I think that's the same defense Michael Jackson's doctor used but with drugs. Accounting, and especially auditing have slippery slopes, it would be like allowing high school students to determine their teacher's wages based on grades and disciplinary action.
Question remains, why didn't they think of this 'defense' two years ago? Got their lawyers at Big Lots?
I think that's his dead son's girlfriend.
Ooh..Was that in poor taste?
Too soon
What? I'm just pointing out how much they enjoy commingling all things. *feign innocence*
She's been RehyPOPicated.
Jeff Corzine is turning in his grave.
Thank you. That comment made my day.
Sometimes it just pays to be an asshole.
Statutory auditors will never find anything that the Directors don't want found. Because if they do they lose their contract to some company that will look the other way. It applies all way down the line and especially in the FIRE sector.
I just can't get it into my head that Corzine is not a member of the tribe. He just seems to, well, tick a lot of the boxes.......
Plenty of golddiggers around.
These same accounting firms are signing off on all the mark to fantasy bullshit sitting on JPM, BAC, C, etc balance sheets without qualification.
If I were PwC or any other audit firm, I would begin qualifying all the bad shit so as to avoid this when the SHTF with the banks.
Just a gentle reminder to CYA - Cover Your Arse.
Congress made "mark to fantasy" legal.
So if PwC does it's own testing and finds impairments based on rational analysis, PwC will be indemnified if and when the toxic paper blows up?
If that happens, PwC doesn't approve the audit and doesn't sign off.
That's why when companies change accounting firms/auditors it's such a big red flag. The accountants indemnify themselves by not participating in fraud they find.
Auditors don't have free reign in the company, they only confirm the books they've been presented are correct. What an audit really proves is that a corrupt company is good at cooking the books. Failing an audit means that the corruption and/or accounting practices are so bad that even cooked books can't cover it up.
..but that is one smokin' hot babe....so i guess crime does pay
Not so sure about that....
http://www.nj.com/news/index.ssf/2010/11/former_gov_jon_corzine_marries....
http://dailybail.com/home/public-letter-from-the-office-of-the-hon-jon-s...
kliguy38 wrote: "Honorable? Maybe not so much, but that is one smokin' hot babe. So i guess crime does pay if you're in the club."
-----------------
The 'smokin hot babe' is Sharon Elghanayan, his wife. Here are some sizzling photos of her from the same beach romp:
http://dancirucci.blogspot.com/2009/11/life-on-corzine-beach.html
Oh, and by the way, as you lube up, I thought I should mention that she's 65 years old.
Plus, she's a psycho's therapist...
Now I think she's pushing 69, no not THAT 69.
Excuse me, now I need to find a bucket.
This is the EXACT case here.....wasn't MF buying EU debt instruments that got them in trouble..?? Can't remember all of the details from this incident but it sounded like MF was helping hide the EU insolvency problem.
The hidden rulership of the international Money Masters. It's a Plutocracy, not Fascism.
One key element of Fascism is (restoration of the) primacy of politics!
Another one is the authoritarian principle of LEADERSHIP and another one therefore re-alignment of responsibility and personality to remove the influence of the hidden forces. In a Plutocracy the elected politicians do not decide, and those that decide are not elected. In Fascism the leaders are known and are held responsible.
Btw, any organization in reality that functions well, is organized after the authoritarian principle: companies, police, military, families.
Jon Corizine HERE.
You can't catch me. We got you dazzled with Titties and Beer.
Frank Zappa
https://www.youtube.com/watch?v=WzzWEeiUf3Y
So that picture is showing Corzine focused at his new job testing each and every Chaise Lounge product beyond its recommended design envelope ?
LOL! That was good.....got me dazzled!
Its 'The Butler Did It' defense!
Alan Dershowitz should be immediately summoned to take the case.
The whole thing is turning into the popular Wall Street boardroom game 'Clueless'......
If the tit don't fit....the "anything more than a handful is a mouthful wasted defense".
Any chance that island has cannibals? Yeah, they would eat her first, but that would leave the Stew of Jon in the pot a little longer to tenderize.
re: " Yeah, they would eat her first"
That ain't no fresh sushi we're talking about here...
By this logic, next time I get caught sticking up the local liquor store,
I'm gonna sue the cops for not stopping me first.
Brilliant.
I know it sounds ridiculous, particularly because the officers are all walking.
However, the goal of this kind of a lawsuit is to sue on behalf of the bankruptcy estate to increase the asset pool available to the firm's creditors, including those who lost unlawfully commingled assets. The accountants are liable to the firm, just like lawyers and other advisors who gave incorrect advice.
Of course, the estate can also try to sue the officers and directors as well. But they are all indemnified by the firm and its D&O insurance, which brings the whole farce full circle.
When you study how this all works, you understand what is truly meant by Ponzi scheme.
Institutional investors all understand this game and go in with their eyes wide shut. But the little folk who got porked by Corzine hardly bargained for what they got.
And I did not down arrow you.
I can see the investors suing PWC as partially liable, but I can't see MFG suing, it's MFG's job to have all the rocket scientists who know this stuff. So MFG's suit should lose. Hey, could that be the strategy, have MFG file suit and lose, then when the investors sue they claim double jeopardy or something?
They can try directly as well. And there is no such thing as a double jeopardy defense in a civil action. However, such actions are often styled similarly as what is known as a derivative action, a claim initiated on behalf of the company.
You can bet that the bankruptcy trustee or, whoever initiated this claim on behalf of the bankruptcy estate, has no interest in sharing the proceeds if any with Corzine and Co. The carcass called MFG is no longer being stewarded by the people who killed it.
The bottom line is the system of coporate governance and accountability in the US is designed to let everyone off personally. And people like the OECD run around preaching the same news must be adopted by the rest of the world.
Hopefully it'll get to the discovery process before it's settled.
Corzine's deposition will be fun when he's asked questions by PWC's attorneys who have something on the line, which is their high-billable prestige. Congress doesn't risk shit asking questions.
Humourously, Congress is apparently getting ready to force Big Law firms to switch to accrual accounting from cash accounting. A nice big kahuna up Big Law's ass.
No wonder they all spend tons of money on campaign donations.
Gambler sues casino
http://news.msn.com/us/gambler-sues-says-he-lost-dollar500000-playing-drunk
Cop sues to get his job back after getting fired for beating a homeless man to death:
http://www.policeone.com/legal/articles/6750858-Chief-to-fight-acquitted...
Uhm... he was a... terriss, you see... a threat to national security. Thereby, we award him a $20k bonus and a new missile-equipped humvee to roam your streets around with.
*raises toast*
To our brave heroes, defending our freedom and democracy from the unscrupulous panhandling and lingering of homeless enemy combatants.
Sorry, Corzine, but since you were at Goldman Sachs when you whorescum lobbied for the passage of the Private Securities Litigation Reform Act of 1995, providing accountants and attorneys legal immunity from securities fraud, and since your witches familiar, Chris Christie, was a lobbyest who made it possible to exclude securities fraud from New Jersey's criminal acts legislation, you can't blame the bean counters, dipshit!
I am a former customer of MF and was made whole 98% or 100%, I lost track. I have no sympathy for Corzine, mostly because he supported a very dangerous political figure. His bet was there would be no european sovereign default and that indeed never happened. Banks have a habit to destruct a person or company whenever they have a chance to do so. It happened to Metallgesellschaft and many others. Soros bought Corzine's positions at deep discount. OK, Corzine stole a lot of money (at least temporaily).
I agree, the nerve of this guy. He should have been put in prison for what he did but they didn't do it. The govt. did everything (including the media) to downplay what happened to make it sound like it wasn't anybodies fault.
PWC= Price Was Corruption
Crooked accountants fuel Wall Street and fool everyone.
Free market is dead.
Fundamentals investing has been dead since 2003. Upon reading that one blue chip wrote off $360 million of "CASH" on its balance sheet, I got out and will never go back. Accountants have redefined assets as liabilities and ephemera as assets. They can no longer identify reality.
True. Which makes the job of selling "product" for CFPs either very easy (con) or every hard (morally).
I think some ZHers are in this dilemma.
On the other side of the coin, who can buy this shit and still get a good nights sleep? A lot of businesses are one unfavourable audit away from rolling over. If you factor in how many companies used the low interest rates to borrow money just to keep their doors open, you have got yourself a real shit storm brewing.
Of course this "little" MFG situation is a real blessing in disguise for those with an inkling of insight. "Disappeared" money, lawsuits flying everywheres, zero professional accountability?! Yup, this is a fine example of what is coming down the pipe on a timeline that may not much left for legs.
And I can't believe it took their legal team TWO whole years to get this lawsuit together. What a bunch of wankers... Or was that intentional? lol
Be interesting to see the outcome.
And how this affects Corzine's ability to find a new accountant.
Corzines accountant is Kenneth Lay.
Accountant or mentor?
Lay vs Corzine? Does that mean that J6P loses the case again?
Lol I get the impression old Johnny boy doesn't worry about much...
Not sure this is totally true. It depends on which part of PWC they are talking about. Advisory? I would imagine not. Audit? Most likely. But if you know anything about audit, you know that it is youngsters (22-34 years old) doing the grunt work. Often times they do not know what they are looking at, and have less experience than those who they are charged with auditing. Then you throw in the partners, whose job it is to retain clients, and keep said clients happy, things get tricky really quickly.
The audit racket is stange. Of course not without corruption of its own. But it is an imperfect system at best.
That's because the 'auditors' are not meant to find anything that might inconvenience the executives or the Board. If they do they lose the audit contract. So it's a win-win. The auditors send in kids straght from college and pay them buttons. Then bill them out much of the time at Director or even Partner rates. It's a great gig.
The business model of any of the big accounting firms is using audit to get a foot in the door, then sell advisory as a value-added service. If a firm had a relationship with a company, the connection is about as common as a happy ending with a massage.
If the conservator doesn't have a smoking gun, they might be throwing mud against a wall and seeing what sticks.
SO (sarbanes oxley) is another FUCK YOU by the government by increasing costs on businesses (these 22-34 yo get billed out at 200-500/hr and still don't know shit) but gives the illusion that ALL IS WELL in a business. Overnight it created a business class of non-value added accountants that all think they are genuises....except all they really do is add and subtract shit.
Get rid of all of this shit. Add personal responsiblity back to the equation. If a business owner (equity and bond holders) or managers knew they could lose their own wealth or go to jail, then they wouldn't make these decisions. This is all part of my personal RCA (root cause analysis) of these situations.
Fuck you Corzine....
Certainly, but isn't it time to FREE Jon Corzine?
FREE JON CORZINE !!
... in every packet of Weeties....
OH NO! AAAAAAAAAAAARRRRRRRRRGGGGGHHHHHH!!!!!!!!
Sorry. I think it really is time that I went to sleep.
The devil has no conscience.
Having been an intermediary for MFG UK I can attest to the fact that their booking/accounting of client positions was the most confusing of any I have seen in my 30 years in the industry. Clients could scam the system as easily as they in turn scammed it themselves.
That's probably not an accident. Any time someone in finance uses the word 'complicated' it's time to use both hands to cover your cornhole.
Rutherford said you should be able to explain atomic physics to a bar maid. Bookkeeping shouldn't be more out of reach.
As I heard my old man tell someone long ago -- If you can explain it, I can understand it. If you can't explain it, I'm not interested.
Blame the math! Because it is what you would have it be.
Its the accountants fault...lol.
Yes, of course. We told the accountants "that pool of money" was in this column of the ledger, not that column...and they believed us!
Their fault!!!
PwC will not be able to recall anything. "Who is this Jon Corzine of which you speak?"
This is a perfect system for theft. It cannot be improved upon.
Not so sure about that. If you want to transfer huge sums of money from a lot of people to a very few people, nothing beats a good war.
Why steal less when you can steal more ??????
Maverick
Accounting malpractice (internal) was what kept MFG open for as long as it was, not the other way around.
+1 excellent comment.
Corzine is an ugly piece of shit. Hope he doesn't have a stroke and spend 20 years stairing up at a ceiling....that wouldn't be justice....
An "Exit, stage Left" via one stroke would be unjust.
He deserves lots of strokes. Hundreds of 'em, on a daily basis. Right up his rectum.
Broke 'im? Hell, no, rectum! Rectum real good!
Corzine is definitely ball's deep in the Presidents inner circle. You can tell because he has not needed to show off his presidential cufflinks in public.
Ken Lay went to jail? I thought he moved to South America after his death.
That last pic hahaha
Almost everyday I read news articles like these to my wife and ask her, "Can I kill one of these bankers yet?" She always says no, but I know one of these days....
How about tomorrow?
Alphabetically?
Only if the alphabet starts with a J.
No better not take any chances... We need to start at the beginning of the alphabet! Before we get to ¨The Slime¨ and Dimon in the ¨J´s¨ , theres a certain guy over at Chase that starts with ¨B¨
And exactly what, pray tell, keeps her from resisting progress?
Some confused sense of morality.
Well now! That should buy him at least another couple of years...
Wonder what will happen when PWC shows all those book entries to a Judge who refuses to look at the exculpatory evidence and simply does what they all are paid by the Corporations to do?...
Jon actually looks pretty good on the beach considering what he's been through with all his business scandals and personal with his son's suicide.
They all seem to rest easy without a care in the World... Don't they?
How old is the photo?
How is this guy still alive........... I mean the Norwegians have rescinded their ban on whaling if memory serves...
You fucked up, you trusted us.
These "independent" auditors are a laugh. Having worked for a defunct hedge fund (tech support), they work closely hand in hand together from what I have observed especially when they bring up things that don't look quite right...
When they could stand to lose a $1 million or more in client fees that won't make the auditing co partners happy so they are working to fudge numbers to make the client happy. There's no such thing as independent when money is involved...
You'd figure these types of incidents would make people lose faith in finance when even the company themselves didn't know their own books...
And more often than not, its the young auditors that ask the quesitons. The problem is, they don't have enough experience, or the background to push further. Especially when those above them tell them not to worry.
You are spot on.
"But for PwC’s erroneous accounting advice, MF Global Holdings could not have -- and would not have -- invested heavily in European sovereign debt..."
It takes lack of shame to say that, since Corzine's "play money sovereign bet" account was not subject to oversight in any way.
Accountants, totally accurate and totally useless.
actually in your own uniquely stupid way you bring up an interesting point.
"if you're committing a fraud why did you need accountants?"
I think this case belongs before "Nightcourt" myself.
I know if i were the Judge i'd like to take good hard look at those books so we can finally see what Holocaust lovin' hebes really have been up to.
https://www.youtube.com/watch?v=5iyPtsAGLUg
https://www.youtube.com/watch?v=6ul-cZyuYq4
Accountants legitimise the fraud. Plenty of insolvent business can survive growing there inventory and their line of credit. The trick is getting past that stage and complicating it to the point where a first year accounting student can't figure out the first day on the job.
This is like suing the cheap security camera because the crook robbed the store.
Theft begins with accounting.
What ever happened to the big eight accounting firms? Seduced by money they were corrupted one by one. Then they change their names to hide from their past crimes.
Does any fool trust any accounting from Wall Street or our fascist rulers?
Off topic...will still piss on Cheney's grave.
"if you're committing a crime you hire a book-keeper, not an accountant."
they're suing the entire profession....not just one company.
Shall we sue the Fed next?
And what if the Judge decides there really were crimes committed here?
"Here's your little toy pistol...prepare for the fanatical defense of Beirut young man."
They should have sued the investors. I mean, they should have used the same arguement that the guilty rapist uses. That is, she asked for it, her dress and demeanor was extremely provactive, therefore, she was begging to get fucked. These investors were begging for us to screw them when they flaunted their wealth around us, I mean what did they expect but to get raped.
lol! +100
sadly, (deep down) they probably do think that way .
Um, no, Kenneth Lay did not go to prison, and his family got to keep the money he stole after he "died."
http://en.wikipedia.org/wiki/Kenneth_Lay#Vacating_of_conviction
Actually, Ken Lay borrowed a page out of Douglas Adams and spent a year dead for tax/legal purposes. He is now living on a private Carribean island.
This way of thinking ("you should have stopped me from doing illegal things so it's YOUR fault I did them") is nothing new or all that uncommon. Years ago I worked at a large engineering firm doing work under national contract to the EPA. EPA took us to task because we did not stop their people from doing stupid things. In other words, people who have authority over you maintain the authority but not the RESPONSIBILITY. Real nice if you can get that type of work ... all the perks of authority without any of the responsibilities.
That's a theory that shows up in lots of places. A friend of mine was a psychologist for the state reformatory. The new inmate interview always went the same way. First they'd deny they did the deed. Then they'd admit the crime, but claim no one was hurt by it. Then they'd admit people were hurt, but would always fall back on the same expression.
"If they didn't want me to do it, they should have stopped me.'
These were the ones who were going to be back in prison again and again. Most of the guys showed remorse at stages one or two, but the repeat offenders always got to the third and didn't budge.
However, these were theives and robbers and rapists. Not bankers.
"However, these were theives and robbers and rapists. Not bankers."
Yes, thieves, robbers and rapists sometimes have a conscience and feel remorse.
corzined again!
It's all peanuts when we look at what our government is doing. There really is no way to legally make money - it's all about government picking winners and losers and soaking the producers to give to the non-producers. Got paper, you're in trouble.
"Jon, Valerie says I have to punish you for MFG."
"Look at these gold bars, Bath House. 1 for you, Eric and Val."
"Like I said, you were a bad boy. Now let's head to the course."
"Fore!"
"Say, J, why does my bar have 'celente' written on it? Is it spanish or something?"
With the right federal judge, Corzine's MFGlobal may even win their case before an appeals court tosses the matter. After all, Goldman Sachs has friends in high places, as well as one friend at the top who often gets high.
Corzine is lower than whale shit
In the Marianna Trench. Hence, "Marianna-Corzine stench".
And the Fe(de)ral Judges are from the dephts of Tartarus: Tarts R US.
http://youtu.be/6NASl_Qy2sc DA DEVIL MADE ME DO IT....
That guy was funny! In fact, all sitcoms in the 70s were very funny.
Now black comedians just talk smack/trash, and that supposedly passes as "humor". How far society has fallen.
Celente's gonna blow a fuckin' head gasket. I see an aneurysm in Geralds near future, sad to say. His next few rants are likely to be epic.
I got tired of the screaming on cue.
US-Laser-Weapon-Test on 8Mar14 at Diego Garcia, the day MH370 disappeared possibly there
According to reports from plane-spotters, Israel has an identical Malaysia Airlines Boeing 777-200 in storage in Tel Aviv since 2013-11-04 . The only visible difference between the missing plane and the one in Tel Aviv would be its serial number. What do the Israelis have planned with the twin Malaysia Airlines plane?
http://homment.com/US-Laser-Weapon-Test-on-8Mar14-at-Diego-Garcia-same-day-MH370-disappeared-possibly-there
This is why you DO NOT want to be a corporate accountant. You have to write fiction on a quarterly basis to keep your job and when the shtf you are going to be the first one thrown under the bus and raped in prison. Twice fucked.
If such a person does not pack a parachute and pull the rip chord in time, it's their own fault for being that stupid and naive.
They need to either "call Saul", or call Black or Casey, before they pull a "Ken Lay": die, then move to S. Am.
Argentina. It's not safe, Ken.
Hmmmmm.....give her 5 minutes and I'm sure Anne Barnhardt would totally destroy MFG and Corzine in a court case. it would be toal destruction if the prosecution is able to obtain full disclosure of all of MFG's records in court.
What took them so long??
They waited until the required chutzpah was accumulated before they made their move.
If you like your collapse, you can keep your collapse.
PwC Fraud Academy "Experts in Fraud" --- blahahaha! DeRp!
http://www.pwc.com/gx/en/consulting-services/fraud-academy.jhtml
Is there an award for Best Irony?
Big 4 to become Big 3 very soon. I always thout it would be KPMG to go first, but PwC is a good sacrifice.
Yes you can : Reaganomics now is sounding like this memory loss formula :
Greed WAS good, back in the early 1980s. But then we overdid it...
Read more: http://www.businessinsider.com/companies-need-to-pay-people-more-2014-3#ixzz2xMhyoaM8
If you be ethical you can't make this type of shit up.
If you be a NWO/Reaganomics capitalist then its as natural as Monsanto's GM corn on the cob!
The post-MF support of Corzine by Holder, Obama, and the National Fool Biden is one of the most disgusting spectacles in American history.
These four are equally guilty.
Don't leave out all the anonymous suits who do the deeds and pick up the crumbs. Without all the worker bees who obey the order to compound felonies, they're just bloviating.
...kind of like the Nazi cattle car operators.
Decency is preventing me from typing the words I would like to use to describe the sick and evil people who are responsible for the theft of trillions. I would be banned if I did. God help us.
Whorezine is suing his accomplices now? What a piece of shit this guy is
A case carrying this Believe-It-Or-Not quality like this MF one only happens in the Land Of Freedum!!
The Limbaugh Theorem is proven true again! SHTF and there's no trace of any ties to Corzine, who is tied directly to Obama.
I only wish Corzine had tried this in China. They do hang banksters.