Full MF Global Bankruptcy Petition... In Which We Find That Corzine's Bankrupt Firm Owes CNBC $845,397?

Tyler Durden's picture

Full bankruptcy filing attached below, where we find that in addition to owing JPM and Deutsche Bank $1.2 billion and $1 billion respectively, as bond trustees, the 7th biggest unsecured creditor with $845,397, is... CNBC? Perhaps that explains the objective reporting the Comcast station has provided on the topic of MF over the past several weeks, considering the caliber and quality of guests invited to opine. It also should be a reminder to all advertising collections offices to never be more than 30 days late on collecting receivables. Of course, this is pure speculation on our behalf. We are confident CNBC will provide a far more rational explanation why it is owed nearly $1 million by MF Global, and just what is the nature of services rendered...


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Bananamerican's picture


$845,397 is "keep the kiddies in their seats while we don flame proof fire proximity suits" money

sunnydays's picture

Shows the media is unbiased and reports honestly about companies.  LOL


CNBC wouldn't be having people on saying how great the company is and how secure financially to protect their own ass.  


I sure hope this wakes some people up, but I doubt it will be advertised they are owed money.  


Just what is it for "being paid for unbiased reporting on the company over the last few months?"   :)

malikai's picture

Does anyone know of any clips of anyone on CNBC recently pumping MF Global? That would be ultimate hilarous.

EDIT: Nevermind. LOL

Hard1's picture

The invoice would read: "Paid advertisement intended to raise MF stock on reports pretending to be newscasts". if the USA were a honest country

Bicycle Repairman's picture

Why use a desk when you can put them on bar stools?

motley's picture

Not really a BQ fan, but she does look pretty hot in that pic...

rosiescenario's picture

...we call them 'infomercials'

Michael's picture

John Corzine was on CNBC World about 2 weeks ago being allowed to spout his bullshit just before his company collapsed.

I now fully understand the million dollar payoff.

RockyRacoon's picture

Wonder how much the MFers owed Dick Bove?

scatterbrains's picture

how much of that money went in Bove's pocket ?

eureka's picture

Bove, Birinyi, Biggs... blow, blow, blow, little bitches - 

B-NAMES are little blow-horns for the big blow-horns: Bloomberg, CNBC, MSNBC

goldfreak's picture

Burnet, like Erin-the-government-made money-on the-bailout-Burnet

kaiserhoff's picture

Hot damn.  Didn't know Becky was that Quick!

NumberNone's picture

Interesting concept...CNBC acts as a clearinghouse so that companies can shuffle money to analysts for positive comments for themselves or negative comments on their competitors without getting their hands dirty by paying them direct. 

motley's picture

This is how it always has worked...this is a good read for those who haven't seen it before.




JW n FL's picture





ANYONE who has NOT! seen this information.. should and then it should be shared!

I dont know how else I can speak more plainly.

motley, Thank You! for sharing this! things like this that have not been posted in a GOOD LONG WHILE! should have a stickey or a page with info (Tyler, sorry! I know you are busy.. but adding a page with links for Great Info would help new people! think of all the mis-direction away from JP and leveied against Goldman!).

Once again! motley YOU ROCK for bringing back an oldie but a goodie! Keep them coming!

motley's picture

Thanks JW...I am new here, but not new to the realities that plague our world!

For those still looking at this thread, here is a Bloomberg short movie "Phantom Shares" that should be consumed along with the Story of Deep Capture.



Hephasteus's picture

Speaking of deep capture. What you guys think about exploding tunnels around denver lately.

I Got Worms's picture

I've come around to the opinion that anyone who listens to any of the mainstream outlets to determine the true state of our economy, or for advice on how to handle their finances deserves their fleecing. F 'em.

tooktheredpill's picture

they actually did mention it during closing bell, bless em (don't tell anyone I was watching)

nedwardkelly's picture

7th biggest unsecured creditor with $845,397, is... MF Global

Typo? You mean the 7th largest is CNBC right?

maxmad's picture

Hmm... another reason for them to put a positive spin on this, bitchez!

GeneMarchbanks's picture

Is Bove on the list also for services rendered?

Nascent_Variable's picture

These days, it costs a million dollars to bribe a news station with zero credibility.  Talk about inflation...

Fred Hayek's picture


This is payola. That's all it is, payola.

At least back during the payola radio station scandals we were getting some music out of it.

rosiescenario's picture

....and to get the prez's ear, all it cost was a vicuna coat....simpler and cheaper times....

wisefool's picture

"They have no Idea !!!!!"  Jim Cramer. Charity Financier. Invests primarily in gold.

TuesdayBen's picture

ya gotta pay to play

gojam's picture

Cuff 'em Danno

GeneMarchbanks's picture

"It's not illegal, just immoral" -Barack Obama

He later added "Maybe"

RobotTrader's picture

Looks like MF Global is going to be another "Servicemaster" event

Market keeps grinding up with retail names leading.


"Like It Never Even Happened"

Stoploss's picture

You can do better than that retard.

maxmad's picture

Looks like the market smells blood on Robo's account....


Rally since 09- "like it never really happened!"

unununium's picture

I modded you up because that was funny.

maxmad's picture

hmmmm.... where's Steve LIESman..... hmmmm.... looks like Stevie might have put on this trade for CNBC?

maxmad's picture

Looks like LIESman got caught with his hand in the cookie jar!

No One's picture

Wow, getting access on CNBC is expensive.

mendolover's picture

Delicious!  Couldn't happen to a bigger jerk!

YesWeKahn's picture

was it a blow job?

NumberNone's picture

No shit CD.  The imagination goes wild on what services were performed by CNBC on behalf of MF Global to warrant $800K in money due.  It could explain the tight-sphincter look that Cramer was wearing this morning.  This was clearly never meant to see the light of day and you have to wonder if it doesn't set the domino's in motion against CBNC.   

Peter K's picture

As far as Cramer is concerned, someone should put that gimp back in the hole:)

Executioner's picture

MF Global needed love, and the market cheerleaders needed the money. You know they still got to pay for the college degrees. Of course the bulk goes to the CNBC pimps.