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MF Global Hearing Live

Tyler Durden's picture




 

Today's primetime popcorn event is about to begin: as reported earlier, the House Financial Services Committee will hold an oversight and investigations hearing on the collapse of MF Global, beginning at 3 pm. The hearing will focus on the decisions during the company's final days that led to the disappearance of up to $1.6 billion in customer funds. The party line is that "The investigation aims to "not only to find out where the money went but to identify what went wrong in order to prevent this from happening again," Subcommittee Chairman Rep. Randy Neugebauer (R-TX) said." What instead will happen is that a bunch of politicians will huff and puff, and nothing will happen once again, because to take down Corzine, would mean to start eating away at the entire rotten core of today's captured political system, which has and always will be run out of Wall Street. It will also be amusing to listen to Edith O’Brien plead the Fif.

Full webcast after the jump, where the empty seats will be populated by empty suits.

The witness list and prepared remarks can be found below.

WITNESS LIST

Panel I

  • Ms. Laurie Ferber, General Counsel, MF Global Holdings Ltd.
  • Mr. Henri Steenkamp, Chief Financial Officer, MF Global Holdings Ltd.
  • Ms. Christine Serwinski, Chief Financial Officer for North America, MF Global Inc.
  • Ms. Edith O’Brien, Assistant Treasurer, MF Global Inc. (no written statement submitted)

Panel II

 

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Wed, 03/28/2012 - 15:42 | 2298305 sdmjake
sdmjake's picture

Take a shot! I plead the FiF...

Ooops take another!

Wed, 03/28/2012 - 15:43 | 2298306 Overflow-admin
Overflow-admin's picture

FIFTH AMENDMENT I'M THE PUSSY CAT

Wed, 03/28/2012 - 15:43 | 2298310 Negro Primero
Negro Primero's picture

fifth x?

Wed, 03/28/2012 - 15:43 | 2298313 Xibalba
Xibalba's picture

Corzine got her by the balls

Wed, 03/28/2012 - 15:45 | 2298314 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

 

there arrr manyy amendmentsssss to the constitution of the united states of americaaaaaa....i can only choose one....i plead da fif

 

1..2...3...4...FIF!!!!!!!!

 

Wed, 03/28/2012 - 15:44 | 2298317 Sequitur
Sequitur's picture

O'Brien pleads Fifth multiple times. And, dismissed from the panel. Will neither confirm nor deny she's looking for an immunity deal from Justice.

Wed, 03/28/2012 - 15:44 | 2298321 Watts_D_Matter
Watts_D_Matter's picture

Ms Obrien finds this hearing "funny" with her smirks....  BITCH!  Sleep well sloppy face....

Wed, 03/28/2012 - 15:55 | 2298358 NotApplicable
NotApplicable's picture

I'd say those smirks are a type of nervous laughter, as she's between the proverbial rock and a hard place. She speaks and bad things happen to her and people she loves. She stays quiet, and she looks bad in the press as being obstructionist.

Which would you choose?

Wed, 03/28/2012 - 15:44 | 2298325 icanhasbailout
icanhasbailout's picture

Thar she goes... refuses to answer ANY question

Which pretty much admits that A crime was committed, now the only question is what exactly was the crime and who executed it?

Wed, 03/28/2012 - 15:46 | 2298328 Better_late_tha...
Better_late_than_never's picture

Now the others are shitting their pants wondering if they should pled the fifth and run too. haha

Wed, 03/28/2012 - 15:46 | 2298330 GrinandBearit
GrinandBearit's picture

Ms Obrien sounded like she has some type of speech impediment.

It's called... "the truth"

Wed, 03/28/2012 - 15:47 | 2298331 yogibear
yogibear's picture

LOL, the Obama/Corzine dog and pony show.  Just show up, they call you honorable and then make up stories. Teflon Corzine walks out when done. 

Wonder who Corzine's patsy will be?  Corzine will  direct the blame to some poor chump that didn't know what was going on.

Wed, 03/28/2012 - 15:59 | 2298377 Westcoastliberal
Westcoastliberal's picture

Time to dig up Oswald..."I'm just a patsy".

Wed, 03/28/2012 - 15:49 | 2298334 NotApplicable
NotApplicable's picture

Nobody got the memo!!!!

Wed, 03/28/2012 - 15:49 | 2298337 Watts_D_Matter
Watts_D_Matter's picture

Look at this shit show....Fuckin LIARS!!!  These highly educated, high level executives all of a sudden dont know shit??  All of their noses are getting longer like FUCKIN Pinocchio!!!!

Wed, 03/28/2012 - 15:49 | 2298338 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

this is scary how close this is to MF global hearings

http://www.youtube.com/watch?v=-XoMVtqYdsA

Wed, 03/28/2012 - 15:50 | 2298341 secretargentman
secretargentman's picture

MF'ers.  How apt.

It's one thing for banksters to steal from each other. It's quite another when they steal from Ranchers and Farmers.

I'm glad I'm not you Corzine.

Wed, 03/28/2012 - 15:50 | 2298342 Tim Knight from...
Tim Knight from Slope of Hope's picture

Did someone fill O'Brien "Ms. Take the Fifth" with cotton before this hearing? Sheesh. She sounds like a deaf person trying her best to speak.

Wed, 03/28/2012 - 15:53 | 2298351 GrinandBearit
GrinandBearit's picture

I thought that too Tim.

Wed, 03/28/2012 - 16:00 | 2298378 noob
noob's picture

T-T-T-Timmah!

Wed, 03/28/2012 - 15:51 | 2298343 Tim Knight from...
Tim Knight from Slope of Hope's picture

"This isn't rocket science". Yep.

Wed, 03/28/2012 - 15:51 | 2298344 DCon
DCon's picture

that scmucky looking CFO has scapegoat written all over him

 

 

Wed, 03/28/2012 - 15:53 | 2298354 Overflow-admin
Overflow-admin's picture

It's not a person to blame, its between the "teams". Nobody has authority to transfer segregated funds. Only "teams", "groups". Ah? 2 names? Not in the room? Sorry!

Wed, 03/28/2012 - 15:52 | 2298347 Overflow-admin
Overflow-admin's picture

HAHAHA it's getting interesting, I feel the tension growing...

Wed, 03/28/2012 - 15:52 | 2298348 Atlantis Consigliore
Atlantis Consigliore's picture

Larry Curley and Schmooooo.

 

No ine is respoonsbile,  ....not mine???

 

http://youtu.be/jocRd-aajW0  and the babes were Danceing with the Snarls, during a huge earnings week, and downgrade???

 

chief atty, does her Schultz,   CFO at dancing with the schlubs.  how did this company run, as CME counterparty?>

 

Please!!!!

 

stupid  or planned  to sink the Bismark, by the Banks????

Wed, 03/28/2012 - 15:56 | 2298363 DCon
DCon's picture

I WANT MY BONUS say all of them

 

Wed, 03/28/2012 - 16:08 | 2298367 earleflorida
earleflorida's picture

sooner, rather than later, there must be a sacrficial mass -- a foreboding bathos of obviate detente -- the 'temple's, money-god', demands to be appeased at any ungodly costs,... perhaps Corzine will be fed to Cerberus, with the bellicose cry of de`chairsatan's anguish temporarily satiated...    http://www.youtube.com/watch?v=vCTaxGhRC5M

Wed, 03/28/2012 - 15:57 | 2298369 Westcoastliberal
Westcoastliberal's picture

I wonder why they didn't offer O'Brien immunity for her testimony.  Of course that might not be enough protection given who we're dealing with.

Wed, 03/28/2012 - 16:01 | 2298380 NotApplicable
NotApplicable's picture

Because nobody in the DC club wants her to talk.

Wed, 03/28/2012 - 15:57 | 2298370 Spastica Rex
Spastica Rex's picture

"Thank you for being consistent and adding nothing to the conversation."

Funny stuff!

Wed, 03/28/2012 - 16:05 | 2298395 NotApplicable
NotApplicable's picture

Capuano performed excellently. In fact, he might be up for an Oscar for this performance.

Ferber meanwhile, does lawyers (and sophists of all stripes) proud by adding nothing while remaining unimpeachable with her non testimony.

Wed, 03/28/2012 - 15:58 | 2298371 icanhasbailout
icanhasbailout's picture

and "I don't recall" makes its opening appearance

Wed, 03/28/2012 - 15:59 | 2298372 yogibear
yogibear's picture

The dishonorable Corzine and his merry band his thieves probably have already created a paper trail  to blame some corporate chump that knew little about it. Probably took them a while.

Wed, 03/28/2012 - 15:58 | 2298373 DCon
DCon's picture

Who is the bearded guy with glasses sitting behind Miss Piggy?

 

He has a perfect WTF expression

 

Wed, 03/28/2012 - 16:01 | 2298382 Watts_D_Matter
Watts_D_Matter's picture

Obviously a YES man...

Wed, 03/28/2012 - 16:10 | 2298406 azzhatter
azzhatter's picture

Berstinky?

Wed, 03/28/2012 - 16:11 | 2298413 azzhatter
azzhatter's picture

Miss Piggy stole the money and bought groceries. Inflation I tell ya

Wed, 03/28/2012 - 15:58 | 2298374 Overflow-admin
Overflow-admin's picture

I SMELL LIES IN THE AIR

Wed, 03/28/2012 - 15:59 | 2298376 Tim Knight from...
Tim Knight from Slope of Hope's picture

Looks like someone has some "bonus" weight they could stand to lose.

 

Heh.

Wed, 03/28/2012 - 16:02 | 2298384 HurricaneMoney
HurricaneMoney's picture

This is not complicated, John Corzine stole the money, and is a big time insider in the democratic party, He is being protected BTPTB . 

They will party like no other when they get away with this, and they will.

Wed, 03/28/2012 - 16:04 | 2298390 Undecided
Undecided's picture

dam another last minute kill on the VIX today from up 15% to under 2% lol

Wed, 03/28/2012 - 16:08 | 2298397 Overflow-admin
Overflow-admin's picture

The gentlement of the Comitee talking tells it clear: clients were ROBBED. More amnesia, elusive explanaitions, and/or FIF coming.

Wed, 03/28/2012 - 16:06 | 2298398 NotApplicable
NotApplicable's picture

Hey Ferber, why SIPC?

Wed, 03/28/2012 - 16:08 | 2298400 optimator
optimator's picture

Where is judge Roland Friesler when you need him to ask some questions and get some answers?

Wed, 03/28/2012 - 16:09 | 2298401 DCon
DCon's picture

"Your lies are less useful than the liar who pleaded the fifth and said nothing"

 

Brilliant

 

 

Wed, 03/28/2012 - 16:10 | 2298409 Spastica Rex
Spastica Rex's picture

1.6 billion?

What's the big deal?

Wed, 03/28/2012 - 16:19 | 2298410 Jim B
Jim B's picture

Arrest Corzine! WTF!

Wed, 03/28/2012 - 16:11 | 2298416 NotApplicable
NotApplicable's picture

Chumps! LOL

Wed, 03/28/2012 - 16:11 | 2298417 GrinandBearit
GrinandBearit's picture

Bonnie and Clyde were "chumps"... that was great.

Wed, 03/28/2012 - 16:12 | 2298423 chunga
chunga's picture

HFSC phoney: "I want to make sure this doesn't happen again".

Translation..."we'll declare this a disgrace"...and move on.

This is embarassing.

Wed, 03/28/2012 - 16:13 | 2298424 Spastica Rex
Spastica Rex's picture

The portly chick is a riot.

Wed, 03/28/2012 - 16:13 | 2298426 Jim B
Jim B's picture

I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! I don't recall! 

Wed, 03/28/2012 - 16:13 | 2298429 meetired
meetired's picture

"It's inconceivable" that there be crooks in Chicago.

Hehehehehe

Wed, 03/28/2012 - 16:14 | 2298433 icanhasbailout
icanhasbailout's picture

These reps are going to town... looks like a few of them did their homework.

That blond woman's voice is making my cats cry

Wed, 03/28/2012 - 16:17 | 2298441 meetired
meetired's picture

What's up with all this racist 'segregation' talk?

 

We need Maxine Waters here.

Wed, 03/28/2012 - 16:16 | 2298442 Sequitur
Sequitur's picture

"Shame on you. Shame on you."

Love it.

 

Wed, 03/28/2012 - 16:16 | 2298444 Bill D. Cat
Bill D. Cat's picture

The inside of a jail cell ought to refresh some memories .

Wed, 03/28/2012 - 16:17 | 2298449 Spastica Rex
Spastica Rex's picture

The beauty of Maxine Waters' hair is breathtaking.

Wed, 03/28/2012 - 16:19 | 2298459 meetired
meetired's picture

As is the depth of her stupidity.

Wed, 03/28/2012 - 16:21 | 2298468 Spastica Rex
Spastica Rex's picture

She can't even read out loud very well. I bet she's a proponent of education reform.

Wed, 03/28/2012 - 16:21 | 2298470 NotApplicable
NotApplicable's picture

I'm shocked that after a couple of easily deniable questions, she's actually asking pertinent ones.

(big win for her staff)

Wed, 03/28/2012 - 16:21 | 2298450 GoinFawr
GoinFawr's picture

THe blonde's gonna cr4ck!!!  Miss Gradenko! Sing x-tine sing!!

Wed, 03/28/2012 - 16:32 | 2298512 flacon
flacon's picture

The blond Ms. Lewisnsky?

Wed, 03/28/2012 - 16:17 | 2298452 Watts_D_Matter
Watts_D_Matter's picture

Maxine Waters....The chief crook herself....Is that BIATCH drunk or is she always a shit head!

Wed, 03/28/2012 - 16:18 | 2298454 Overflow-admin
Overflow-admin's picture

Shame on you! Shame on you MFGlobal. That deserves a place in a youtube cut. Soon. Expect... you know ;)

Wed, 03/28/2012 - 16:18 | 2298455 JLee2027
JLee2027's picture

Maxine Waters speaking...time to turn it off before I have a stroke listening to that corrupt woman.

Wed, 03/28/2012 - 16:18 | 2298457 azzhatter
azzhatter's picture

Waters- "Was any of them farmers black?" This is racism , where is Al Sharpton? "Did those farmers have hoodies?"

Wed, 03/28/2012 - 16:20 | 2298463 surf0766
surf0766's picture

will she socialize him or nationalize him?

Wed, 03/28/2012 - 16:20 | 2298466 GrinandBearit
GrinandBearit's picture

Ooooh... Maxine getting tough.  That's unusual

Wed, 03/28/2012 - 16:21 | 2298467 meetired
meetired's picture

Time to short Price Waterhouse&Cooper(Earnst&Whinney)?

Wed, 03/28/2012 - 16:22 | 2298473 gimli
gimli's picture

Maxine shorted them yesterday

Wed, 03/28/2012 - 16:22 | 2298474 Dr. Engali
Dr. Engali's picture

To the best of my recollection I can't remember.

Wed, 03/28/2012 - 16:24 | 2298483 meetired
meetired's picture

That'll teach ya to play the 'I Can't Recall' drinking game, in these situations.

Wed, 03/28/2012 - 16:26 | 2298489 Jim B
Jim B's picture

I would have AlCoHol  poisoning!  

Wed, 03/28/2012 - 16:27 | 2298491 meetired
meetired's picture

Present! (paw up)

Wed, 03/28/2012 - 16:22 | 2298475 Watts_D_Matter
Watts_D_Matter's picture

No Maxine...PWC is not incompetent...YOU ARE BIATCH!

I think she uses a crayon to take notes....

Wed, 03/28/2012 - 16:28 | 2298476 Ljoot
Ljoot's picture

Waters' is clueless.

 

Wed, 03/28/2012 - 16:25 | 2298484 BlackholeDivestment
BlackholeDivestment's picture

This song was playing in Maxine Waters Head http://www.youtube.com/watch?v=4MFbn8EbB4k

Wed, 03/28/2012 - 16:24 | 2298485 Spastica Rex
Spastica Rex's picture

Is that a South African accent?

Thu, 03/29/2012 - 03:52 | 2299844 Troy Ounce
Troy Ounce's picture

 

 

Wanna learn to speak English with an Afrikaans Accent? www.youtube.com/watch?v=jNJVMJH5OhI

 

Wed, 03/28/2012 - 16:25 | 2298486 meetired
meetired's picture

That guy just say 'Miss Lewinski'?

Wed, 03/28/2012 - 16:26 | 2298488 Spastica Rex
Spastica Rex's picture

I

D

K

Wed, 03/28/2012 - 16:27 | 2298490 Overflow-admin
Overflow-admin's picture

"I don't know" (n times)

My memory was VAPORIZED!

Wed, 03/28/2012 - 16:28 | 2298495 the not so migh...
the not so mighty maximiza's picture

Maxine Waters is like that black elementry school teacher i had,  she would teach about Martin Luther King holiday, ALL FUCKEN YEAR

Wed, 03/28/2012 - 16:29 | 2298501 Spastica Rex
Spastica Rex's picture

When I was a teacher, I liked to teach the kiddes about Malcolm X.

Wed, 03/28/2012 - 16:34 | 2298510 the not so migh...
the not so mighty maximiza's picture

i am sure they remember you with warmth and love

Wed, 03/28/2012 - 16:28 | 2298500 gimli
gimli's picture

Were you all aware that MF stands for "Mising Funds"?

Wed, 03/28/2012 - 16:30 | 2298505 meetired
meetired's picture

and G for gone

Wed, 03/28/2012 - 16:30 | 2298504 Jim B
Jim B's picture

OMG! I can't watch anymore......  But I don't remember why......

Wed, 03/28/2012 - 16:34 | 2298514 meetired
meetired's picture

Embrace the pain.

Hearing stomach rumblings - DelMonico's is calling.

 

Jeeves!  Warm up the jet!

Wed, 03/28/2012 - 16:31 | 2298506 Bunga Bunga
Bunga Bunga's picture

Get over it, it was completely legal. Congress can ask him some moral questions only.

Wed, 03/28/2012 - 16:33 | 2298515 surf0766
surf0766's picture

This is the most transparent time in our history.

Wed, 03/28/2012 - 16:36 | 2298527 Spastica Rex
Spastica Rex's picture

Clearly.

Wed, 03/28/2012 - 16:34 | 2298516 gimli
gimli's picture

"If you were trying to be transparent, would you characterize that as if you were Kevin Bacon in "Hollow Man"?"

Wed, 03/28/2012 - 16:36 | 2298521 Dreadker
Dreadker's picture

haha - i love watching these cheating f*ckers squirm... I know nothing will come of this because its all a dog and pony show... but watching them squirm is still good ;-)

Wed, 03/28/2012 - 16:36 | 2298525 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

wow that steenkamp is being sooo evasive...lil son of a bitch is guilty as OJ

Wed, 03/28/2012 - 16:37 | 2298526 meetired
meetired's picture

Why are you asking me this?  I'm the CFO, dammit!  Only here for the bonus!

What, me work?  Haavaad.......

Wed, 03/28/2012 - 17:05 | 2298597 NotApplicable
NotApplicable's picture

"Bonuses have not been discussed to my knowledge."

Wed, 03/28/2012 - 16:37 | 2298533 Ljoot
Ljoot's picture

Too complicated to fail.

 

Wed, 03/28/2012 - 16:40 | 2298540 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

too stoopid to convict

Wed, 03/28/2012 - 16:38 | 2298535 Bartanist
Bartanist's picture

I have a coupld of questions:

1. Why is CONgress involved? They won't accept their constitutional mandate to determine the value and quantity of money, however they take over the responsibility of the courts creating MOCK TRIALs where there clearly should be REAL TRIALS. What a bunch of scared Bozos (and that is an offense to the name of Bozo).

2. What happened to the apparently long forgotten legal precedent called an AMMENDMENT TO THE CONSTITUTION? Congress has decided to abdicate its mandated responsibility to write constitutional laws and when they are not constitutional they are supposed have them approved through an AMENDMENT PROCESS. Today instead, they pass any crap laws their lobbyists pay them to pass not caring if they are constitutional, proclaiming that the supreme court will determine constitutionality (IF someone has the money, fortitude to sacrifice one's life for a noble cause and the longevity to get the case to the supreme court ... and that is assuming the court will not just blow it off for political reasons)... AND worse still, they allow the Dictator in Chief to make any royal (executive) proclamations he sees fit, ingore all laws, create all treaties superceding laws and the NEVER EVER, EVER, CHALLENGE this extra-constitutional power grab.... guess the money is just too good.

Maybe the dictator in chief should just get on with his Hitler thing and dissolve Congress, now rather than after the election, so this all comes to a head.

Wed, 03/28/2012 - 16:40 | 2298537 meetired
meetired's picture

Involved to roast myriad Administrative agencies that luv midget porn too much.

This is just the prelude to 'crossing the T'.

Wed, 03/28/2012 - 17:28 | 2298681 slewie the pi-rat
slewie the pi-rat's picture

1. Why is CONgress involved?

tyler sez they are gonna all get on TV and do the psuedo-perp-walk thing and then FIX it so it doesn't happen again

GaaaHhhhhaarrrrhgghghghghrhhrh, BiCheZ!

Wed, 03/28/2012 - 16:39 | 2298536 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

unfirtunately they will all slip through the grips of the justice system by the complex system of bribes and extortion and protection provided by the system which politics represents

Wed, 03/28/2012 - 16:40 | 2298541 gimli
gimli's picture

............ OK ............ I'm lying dammit .......... can I take a piss now?

Wed, 03/28/2012 - 16:43 | 2298550 Watts_D_Matter
Watts_D_Matter's picture

Ms Ferber was Jon Corzine's ho....from Goldman Sachs...she made her way to Jon Corzine to give him a Happy Ending....and so went MF Global

Wed, 03/28/2012 - 16:45 | 2298552 gimli
gimli's picture

I'm expecting Jamie Dimon to come in any minute to take over the questioning from his employees.

Wed, 03/28/2012 - 16:48 | 2298557 icanhasbailout
icanhasbailout's picture

I'm really disappointed in myself - they've actually managed to shock me, I'm sitting here dumbfounded at what I'm hearing. And it keeps going on and on and on...

 

oh, now Gary Gensler is mentioned... now it gets really interesting

 

Wed, 03/28/2012 - 16:48 | 2298559 realitybiter
realitybiter's picture

The english chap is lying his ass off about not knowing about the shortfall in customer funds until Sunday.  My account was shutdown and not able to be accessed on Saturday morning.  Liar, liar, liar, purger.

 

Grow some balls congress and slay them with facts.

 

Waterboard that pussy and record the singing.

Wed, 03/28/2012 - 16:50 | 2298564 Spastica Rex
Spastica Rex's picture

I think he's South African.

Wed, 03/28/2012 - 16:56 | 2298579 realitybiter
realitybiter's picture

"I became CFO in April....uh, uh...I stayed in a Motel 6 the night before." 

Wed, 03/28/2012 - 17:00 | 2298586 Overflow-admin
Overflow-admin's picture

Did you report that fact? If what you say is true, this is rock solid proof because it would also include up to the IT staff to shutdown accounts before saturday morning. So if you're a MFG customer, I insist, please report the information. The computer used to try to access the accound might have been useful as evidence (cookies and event history logs).

Wed, 03/28/2012 - 18:08 | 2298854 badewann
badewann's picture

U MUST report this!

Wed, 03/28/2012 - 16:51 | 2298565 realitybiter
realitybiter's picture

If I had broker that stole from me he'd look like JC

nice hoodie.

Wed, 03/28/2012 - 16:55 | 2298574 meetired
meetired's picture

'All the water above the line is Vodka.  It ain't rocket science.'

I might have misheard...

Wed, 03/28/2012 - 16:55 | 2298576 NotApplicable
NotApplicable's picture

Who poured the water?

Wed, 03/28/2012 - 16:56 | 2298577 Spastica Rex
Spastica Rex's picture

Everclear.

Wed, 03/28/2012 - 16:58 | 2298581 meetired
meetired's picture

(sign of the cross)

Begone, you tempter!

(Got a bottle of that devil juice around here, somewhere.  Great for drying brake parts.)

Wed, 03/28/2012 - 16:56 | 2298578 gimli
gimli's picture

At MF Global the glass was definitely half empty

Wed, 03/28/2012 - 16:57 | 2298580 Ljoot
Ljoot's picture

The customers could have all made bad trades that day.

That's where the money could have gone???Is the CFO on the same drugs as Maxine???

 

Wed, 03/28/2012 - 16:59 | 2298583 DCon
DCon's picture

all the customers could have bought MF Global stock

Wed, 03/28/2012 - 16:59 | 2298584 meetired
meetired's picture

Dammit, somebody drop 'Brian Sachs' already.

Wed, 03/28/2012 - 16:59 | 2298585 resurger
resurger's picture

Who is the Drunk Beaver behind the fatty?!

Wed, 03/28/2012 - 17:03 | 2298589 meetired
meetired's picture

'I have a degree in Janitor Accounting'.  WTF?

The ears are the first to go.

Wed, 03/28/2012 - 17:02 | 2298591 Overflow-admin
Overflow-admin's picture

Oh, little memory challenge for Steenkamp. Good for the youtube video kthx.

Wed, 03/28/2012 - 17:07 | 2298596 meetired
meetired's picture

Did I just hear 'sheep'? 

This needs a rewind.

Just tell me 'I don't know'  doesn't count as 'ICR'.

Wed, 03/28/2012 - 17:07 | 2298599 realitybiter
realitybiter's picture

If they spent one one thousandth of the time and resources on this as they did on those toothless fucks called the "hutaree", which was an airball, this thing would be over, and 10 orange jumpsuits would be filled.  The whole justice systems smells like JC's frumunda cheese.

It is a joke.  Risking capital in America is insane.

Wed, 03/28/2012 - 17:08 | 2298602 meetired
meetired's picture

Be nice.  It's tough being toothless.

Wed, 03/28/2012 - 17:08 | 2298601 Sleepless Knight
Sleepless Knight's picture

The CFO is a youg buck hired in April with a 78 percent grade (C+) because I think they had this planned all along and he is the scapegoat! He was invloved with just enough to pin all the doubt on, but was truley kept from all of the real facts. If you wanted to keep a CFO for a long time and "in the club" wouldnt you hire a Harvard grad like yourself? I think this goes really deep with JPM and much further back in time.

Wed, 03/28/2012 - 17:08 | 2298603 Ljoot
Ljoot's picture

Internalize the profits, socialize the losses.

 

Wed, 03/28/2012 - 17:10 | 2298606 meetired
meetired's picture

Yes, we need more free condoms.

Preferably, big enough to cover these dicks.

Wed, 03/28/2012 - 17:09 | 2298604 gimli
gimli's picture

I understand the word bonus ---- this other stuff ....... that I just don't understand

Wed, 03/28/2012 - 17:10 | 2298610 Ljoot
Ljoot's picture

Can foreigners plead the fifth??? If I was a certain S. African CFO, I'd look into it.

 

Wed, 03/28/2012 - 17:11 | 2298611 Debtless
Debtless's picture

This filthy industry would start to clean right up if just ten of the right heads mysteriously ended up on public platters. Old school-like.

Wed, 03/28/2012 - 17:11 | 2298612 Ljoot
Ljoot's picture

Well that went well.

 

Wed, 03/28/2012 - 17:12 | 2298613 Watts_D_Matter
Watts_D_Matter's picture

I find it humous that all the folks under oath and their attorneys carry all the briefcases, note pads, etc...and none of them could answer a question....Such a mockery of the process.....

Wed, 03/28/2012 - 17:15 | 2298636 Overflow-admin
Overflow-admin's picture

Well, the risk would be that trying to provide any evidence would VAPORIZE it by an obscure mechanism.

Wed, 03/28/2012 - 17:12 | 2298618 Overflow-admin
Overflow-admin's picture

That will make a hell of a video. Let's see what has to say the second pannel.

Wed, 03/28/2012 - 17:13 | 2298620 blu
blu's picture

Has anyone taken the 5th yet? Cuz I need a drink.

Wed, 03/28/2012 - 17:12 | 2298621 DCon
DCon's picture

I hope they can find a prison with lots of African American inmates for the South African scapegoat

 

White South African college graduates are usually very even minded on racial issues

Wed, 03/28/2012 - 17:14 | 2298624 Xibalba
Xibalba's picture

Look at the JPM folks smiling.  They know they got a free pass and are looking forward to softball questions.

 

 

"We got your money bitches!"

Wed, 03/28/2012 - 17:13 | 2298627 Watts_D_Matter
Watts_D_Matter's picture

Ms Genova from JP Morgan looks like a TROLL.....

Wed, 03/28/2012 - 17:18 | 2298645 Overflow-admin
Overflow-admin's picture

It will be difficult to resist putting a TROLLFACE in a youtube cut. I'll be on it as soon as the videos are published for download.

Wed, 03/28/2012 - 17:14 | 2298628 Ralph Spoilsport
Ralph Spoilsport's picture

This Genova guy doesn't inspire confidence. Oh, wait......

Wed, 03/28/2012 - 17:14 | 2298630 Xibalba
Xibalba's picture

dude...you made me spit up my bourbon!

Wed, 03/28/2012 - 17:18 | 2298631 meetired
meetired's picture

OMG, there's more?  I'm gonna be bounced again fer sure.

This Genova better be good, cuz she can't make it as a hooker even in the land of the blind.

All right, the dogs are eating the dogs!  Go Dimon!

Wed, 03/28/2012 - 17:15 | 2298633 Spastica Rex
Spastica Rex's picture

I love the nose tick on Mr. Genova. What a high pitched voice he has.

Wed, 03/28/2012 - 17:16 | 2298639 DCon
DCon's picture

I'm confused. Is the JPM person a feminine male or a masculine female?

Wed, 03/28/2012 - 17:19 | 2298647 meetired
meetired's picture

Which one is currently PC?

Wed, 03/28/2012 - 17:18 | 2298642 hangemhigh77
hangemhigh77's picture

I'M sick of listening to all these FUCKING LIARS!!  Just fucking shoot them and get it over with.  Some of them, of course, should be pistol whipped before being shot.  Shooting them would put ME out of my misery of listening to all this BULLSHIT.

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