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The Suits Commence: Two Former MF Global Employees Sue Jon Corzine
While the US Attorney General's office, presided by a very much embroiled in the Fast and Furious scandal Eric Holder, who at last check was spending 90% of his time frozen in carbonite, may believe that Jon Corzine is the homo sapiens equivalent of holy water, others appear to not share the sentiment. And as of today, two former employees have proceeded to sue Jon Corzine as fins.com reports. "Two former employees of MF Global have filed a class-action lawsuit against the firm's former Chief Executive Jon Corzine, other senior executives and board directors on behalf of themselves and current and former employees who acquired stock in the company while Corzine led the firm. The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that the defendants provided false information regarding the company's financial condition and made statements that artificially inflated the stock price." Jon Corzine and the board breached their fiduciary duty to their employees and destroyed their careers and retirement savings," Jacob Zamansky, lead counsel for the plaintiffs, said in an email. The plaintiffs are Monica Rodriguez, the New York-based head of credit for the Americas, and Cyrille Guillaume, the London-based managing director of the commodities and stock division....If employees had known MF Global's true financial state, Zamansky said, "they could have refused to buy in or insisted on compensation arrangements that were all cash." And here is why Corzine's life is about to get very difficult now that the precedent has been set: "The employees did not file suit against MF Global, the company itself, because it is currently undergoing bankruptcy proceedings." One wonders how much more various Attorneys General need to see to perhaps consider to at least question the former CEO of Goldman Sachs, pardon, MF Global.
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signed, jim commisky?
The US does not have a functionign legal system in the way most people understand it. Large Class Action lawsuits like Big Tobacco are all pre-arranged bull poop theater.
Elected Judicary for heaven's sake. No way Corz duz time.
ORI
/the-plan/
They must not have read about the fraudclosure whistleblower being wacked!
you'd be amazed at the amount of "Dead Whistleblowrers". i recently stumbled on a list from the BP/Gulf disaster (9 as of April), there are 2 or 3 from Murdoch's ongoing probe in the UK, two of them died the week they were going to testify, another in the UK was a
http://vigilantcitizen.com/latestnews/news-corp-phone-hacking-whistleblower-found-dead/
The death of the person who blew the lid off a gigantic scandal involving the police, the government and one of the most powerful media moguls in the world is “not being treated as suspicious”. Nope, nothing suspicious there. Just the normal death of a man in his mid-40?s…that is being investigated by the very police he proved was corrupted…the day before the testimony of Rupert Murdoch. Nope, nothing suspicious here.
Some news sources are already attaching the label “conspiracy theorist” to those questioning the true causes of Sean Hoare’s death, which is usually a proof that something IS going here. Here’s an article by The Guardian describing his death and the scope of his revelations.
Jeff S says: July 26, 2011 at 11:40 pmRemember the dead Enron-related folks too? Its almost too easy to predict when people are going to “commit suicide”, “overdose”, “plane/car crash”, “stroke” or “heart attack” these days.
Also, to make sure newcomers to this site don’t think the typical visitors are dimwitted (R)’s and (D)’s, I’ll throw a Bush body count link in here. I think most of us here are intelligent enough not to fall for the two-party paradigm, but just in case:
http://www.stewwebb.com/Murder%20Bush%20Body%20Count%20Part%201.html
Dr David Kelly The guy who said Saddam had no real WMD’s
A Second News Corp Whistleblower Died www.judiciaryreport.com/a_second_news_corp_whistleblower_died...Rupert Murdoch News Corp Journalist Found Dead. STORY SOURCE. Sean Hoare & George Webley Now Dead. 20/07/2011 - Remind anyone of the David ...
Dont forget Christopher Shale, Camerons "Rock" who died at Glastonbury. There is another one who has died under suspicious circumstances.
The Mysterious Deaths of Nine Gulf Oil Spill WhistleblowersApril 22nd, 2011
In the past year, nine vocal critics or potential whistleblowers of the Gulf oil spill all died in extremely mysterious ways.
and of course 9/11
Bull poop theater...?
This is Zerohedge- you can actually say "bullshit"
Shit and poop- two terms that mean the exact same thing, whether used as a transitive verb, or as a noun.
You know "bullshit" is what you were thinking; so ignore your defensive gesture of self-censorship and just let it out...
Fucking let it all out.
its all a load of bollocks
I've worked on 9 figure cases, spanning multiple states and hundreds of plaintiffs, and you're crazy... There was nothing on the plaintiffs' attorneys' end other than bulldogging the shit out of a multinational. The bigger the plaintiffs' checks, the bigger the plaintiffs' attorneys' checks.
The only thing bullshit about it is how long the legal system takes to exact justice...
I really enjoyed Cominskey's metals report.
i have often thought that people need to held accountable by also sueing them as a private person and not just the companies.
http://www.zerohedge.com/news/joe-biden-jokes-about-bringing-hundreds-millions-us-taxpayer-dollars-bailout-greece#comment-1946383
Anyone? Seems odd that no one from Congress has come forward regarding losing money in MFG.
Because they all knew ahead of time. No one in congress lost any money.
Can they find the MF'er?
Found.
http://2.bp.blogspot.com/_k_bgXPrPWx0/Sv4t0G_5SXI/AAAAAAAAEBA/Vtwc8sYtPv...
I see an old ex-hottie and a beached whale..
Now, can you post a damn pic of Corzine already..?
Here you go:
http://drugster.info/img/drug/6074_6124_2.jpg
i don't think they'll make it to trial!
Perhaps they, Holder and Corzine, can both to be frozen in Graphene.
"Place" Holder is an inert gas and will most likely bleed off into space however the attempt at freezing. The good news is that Space may be the new Place for Holder. I hear it's real cool up there.
Ha! Crooked American judges ... as crooked as Corzine, Eric Holder, Obama, the Congress or anyone else.
So many American lawsuits have been announced on ZeroHedge pages .... never to be heard from again. 'Dismissed on technicalities.'
It's the last thing that Americans don't realise. The US courts are owned by the oligarchs. The US judges threw away the US Constitution years and years ago. US courts are just part of the ultimate rigged casino.
filed suit in new york .. bad move
file suit in any other state for processing . and some justifce
new york guys are bought and paid for.. the black robes underneath are hiding pictures of horse heads in their bed . and cement weights for good measure
Anyone have opinions on GS trajectory this week?
We're sorry, Mr Corzine is in Uraguay on business and can't be reached. May we take a message?
http://vegasxau.blogspot.com
paraguay
Corzine isnt stupid.
A substantial part of his wealth is in trusts, distributed to family members, or otherwise out of reach of creditors.
Even if he is bankrupted he will still remain in the top 0.01 percent.
"Even if he is bankrupted he will still remain in the top 0.01 percent."
Madoff's money didn't so much cushion his fall, but added many heels to his rear.
They could get a lot of Madoffs supposedly untouchable money given to his wife and kids years earlier since it was considered the proceeds of crime. It will be harder to prove that with Corzine it was more than just a stupid mistake.
From what I read Madoffs wife was still left with substantial assets after the settlement. Substantial to me anyway.
There is always the career move to reality tv - Corzine & Gary Busey - Perfect Together!
He could pull the ole "Kennie Boy". When Kenny Lay, along with the 'smart guy' crew at ENRON demonstrated that stock cerficates were indeed not worth the paper they were printed on banked away the bounty ENRON rank and file had bet, at the urging of ENRON suits, of course, to stuff their retirement plans to brim with ENRON paper (and only ENRON paper!), some guys in the "smart guy" crew played insane, some went state evidence: But the Kenny Boy, instead, magically opted to die of some heart ailment in a Houton ICU, thus preventing the courts from 'eminant domaining' his ill gotten plunder.
Now maybe Corzine could have a car accident and, incidently, forget to latch his seat belt. Corzine is probably working out the details of his death with those managing his assassination so his family (and closet bone honey pot, Maurice) can keeps the loot. That's the only explanation as to why "deathbed" Corine and the congress (giggle) will waste more of our harvest to light up CPAN's daily soap opera: They be negotiating, behind closed door, and discussing the details of how he, that be Corzine, is to be "put down" soze his partners (represented by the so called subcommittee investigating MFG) can keep their loot a few more days (or, until they forfeit all as they hang by their heels from the cherry trees lining the reflection pool slowly painfully departing this world due to a recent rash of mass disembowelments).
Had Corzine not plundered and enabled plundering by his partners, he would get the Debra Palfrey two step in a shed behind moms house shtick - or - experience the delightful variety of unwitnessed "accidental" solitary deaths the Minot to Barksdale AFB "lost nuke" flight crew and management team experienced. Most recent was a suit named Wheeler - died in the shadows of a subway.
There are so many creative ways for Corzine to be assassinated to allow the legal and protected transfer of his plunder to the pilgrimage urinal prospects in his family. We'll just have to wait for Johnny Boyz to schlep the not to unexpected "taking of the 5th" under the dazzling lights and glitter ball of our very famous world renowned CSPAN disco (every night is ladies' night!).
Hey! If any of you are looking for any last-minute gift ideas for me, I have one. I'd like John Corzine, MF Global CEO, right here tonight. I want him brought from his happy holiday hidey-hole over there on Wall Street with all the other fraudsters and I want him brought right here, with a big ribbon on his head, and I want to look him straight in the eye and I want to tell him what a cheap, lying, no-good, rotten, four-flushing, low-life, snake-licking, dirt-eating, inbred, overstuffed, ignorant, blood-sucking, dog-kissing, brainless, dickless, hopeless, heartless, fat-ass, bug-eyed, stiff-legged, spotty-lipped, worm-headed sack of monkey shit he is! Hallelujah! Holy shit! Where's the Tylenol?
Thank you for a good laugh. You have to laugh or go crazy (right? Mr. Joker?). My question is, who is going to take up Cousin Eddie's job of righteous Christmas-present-getting?
Just curious, is there anything preventing Jon Corzine from just leaving the country? Moving him and the money he has left to Ireland or something...
Plane crash?
Yeah, sue the SOB.
Pull all your money out of the banks (if you're retired [like me] let your SS cover your utilities and if you are still working leave just enough in the bank for same) and convert it to hard metal then bury it. File your income tax paperwork as usual EXCEPT DON'T SEND ALONG A CHECK TO PAY THOSE TAXES). Filing is cool, Paying is not. It is either this or picking up a gun.....you chose....cause they will not stop fucking you until you bite back.
Yeah they'll get a few bucks to cover their IRA fees in a few years, the attorneys and the judge (after his palm is greased) will make a killing while Corzine pockets a cool billion after making the appropriate contribution to Obummer's re-election campaign.
Oops, the prosecutor lost the evidence. Guess Corzine can continue aiding Obama's reelection. Corzine is kicking back enjoying the fruits of his criminal activity.
BWAAAAAH, I worked for a ponzi scheme with my head up my ass and I didn't get my fair share....Bwaaaaah I am going to sue!!.... Good luck with that.
And this is just the start. Wait until "former investors" start suing.
Hello Gerald Celente? You could take the lead here...
File in NYC? Bad bad bad, just ask Martin Armstrong how just the NYC court system is? Or better, do a search and read his BIO.
File in Chicago, you might have a chance at having a decent judge.
Anyone know the judges name?
It will be interesting to see what will be excluded due to xyz reason. Also an old trick to keep the sheep thinking the system is there for the benefit of the 99%.
Heads of departments. So the ones helping to swindle others.
No sympathies for both sides.
Double fun.
Nice work once again WB. The object in the foreground makes it look like he's swinging something between his legs. But when I realized it was Corzine, I knew it had to be illusory.
Yes there is a double take there.
NOTE TO EVERYONE:
Have you converted someone to a Ron Paul supporter today?
If not, there's still time left in the day to do so. Do not let a day go by without expounding on the virtues of a Ron Paul White House to those who have not yet been enlightened.
Paul is now #2 in Iowa and is closing in on the lead. His supporters are the most loyal so his numbers will only increase.
Don't leave it to others to do this. You are the others so get to work.
Hi guys, my name is Bubba and Corzine is already in the big house.
He's my bitch.
He does my bidding for protection.
He says that he will clear his name soon, but I just laugh and tell him to get the fuck over here.
He's the best bitch I have ever had inside this joint.
He keeps telling me he will pay me by using some shit I don't understand--Italian paper, whatever the hell that is.
Anyway, just wanted to let you know Corzine is safe behind bars, and I'm right behind him.
If only it were true.
At least his political ambitions are finished.
Because the MSM and Corzine share the same liberal world view, they do nothing with Corzine. If it was Christie that was CEO of MF, the MSM would hound him to death.
the gov just needs to designate anyone suing or criticising them or their buddies as terrorists and be done with it
I told my brother,who left for a business trip to the caymans, to say hello to john from me and all ZH folks and tell him how much we miss him.
MF Global Rule?
Federal regulators approved tougher constraints on Wall Street risk-taking on Monday, adopting the "MF Global rule," named after the collapsed brokerage firm that is believed to have improperly used hundreds of millions of dollars of customer money.
The Commodity Futures Trading Commission, which voted unanimously to approve the rule, originally planned to finalize it months ago.
But the agency delayed action as a result of strong opposition from Jon S. Corzine, who at the time was chief executive of MF Global. Mr. Corzine resigned on Nov. 4, four days after MF Global filed for bankruptcy protection.
http://finance.yahoo.com/news/regulators-approve-mf-global-rule-17550699...
i love me a good lawsuit especially when directed against criminals but i fear that the whore totus will pardon him, assuming that presidential pardons extend to civil affairs...on the other hand, bush's brother would create an executive order allowing him to do so.....
corzine is a star of the rockefeller-mic-yale-cia axis of crap...
Merry Christmas Jon. Not one, but two lumps of coal for your stocking.
Corzine paying Clinton 50K a month?
The contract abruptly ended after only 5 months. I suppose the ex pres in going to sue too?
In actuality, Corzine should be suing Clinton's PR company for failure to deliver.