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Watch Corzine's MF Global Testimony Live

Tyler Durden's picture


Update: Corzine speaking now - drink a shot for every lie Corzine utters

And now the one we've all been waiting for...

As a reminder, his prepared remarks can be found here, and below is the witness sequence. The beginning will likely be boring. The main act is in the middle:

Witness Testimonies

    Panel 1
    The Honorable Jill Sommers, Commissioner, Commodity Futures Trading Commission, Washington, D.C.
    Mr. James Kobak, Lead Counsel for the Trustee for the Liquidation of MF Global Inc., New York, New York

    Panel 2
    The Honorable Jon Corzine, Former CEO, MF Global Inc., New York, New York

    Panel 3
    Mr. John Fletcher, General Manager, Central Missouri AGRIService LLC, on behalf of the National Grain and Feed Association, Marshall, Missouri
    Mr. Terrence Duffy, Executive Chairman, CME Group, Inc., Chicago, Illinois
    Mr. William J. Brodsky, Chairman and CEO, Chicago Board Options Exchange, Chicago, Illinois
    Mr. Dan Roth, President and CEO, National Futures Association, Chicago, Illinois
    Mr. Stephen Luparello, Vice Chairman, Financial Industry Regulatory Authority, Washington, D.C.
    Mr. Gerry Corcoran, Chairman and CEO, R.J. O’Brien & Associates, on behalf of the Commodity Markets Council, Chicago, Illinois

Live CSPAN webcast after the jump:


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Thu, 12/08/2011 - 10:33 | 1958249 GeneMarchbanks
GeneMarchbanks's picture

Cannot... stop... myself...

Thu, 12/08/2011 - 10:39 | 1958287 HedgeAccordingly
HedgeAccordingly's picture

Use this picture as a diversion -

Thu, 12/08/2011 - 10:42 | 1958313 fuu
fuu's picture

Do we have a drinking game format? I think I am going to need to drink now.

Thu, 12/08/2011 - 10:46 | 1958335 SHEEPFUKKER


Thu, 12/08/2011 - 11:31 | 1958604 tarsubil
tarsubil's picture

It is all just theatre. Bad theatre.

Thu, 12/08/2011 - 11:44 | 1958648 nope-1004
nope-1004's picture

Commissioner Sommers (commissioner of exactly what, btw??) is a liar.

"I have no knowledge of where the money is.  We oversee and regulate the market, but the market is too complex to oversee and regulate."

LMFAO.   Dummy!


Thu, 12/08/2011 - 12:03 | 1958742 Paul67
Paul67's picture

The good old “Sergeant Schultz” defense.

Thu, 12/08/2011 - 12:14 | 1958785 redpill
redpill's picture

Diddle diddle dumpling Corzine John

Ran a motherfucking money con

Client yield off

Embezzlement on

Diddle diddle dumpling Corzine John


Thu, 12/08/2011 - 12:20 | 1958814 So Close
So Close's picture

I suppose it is time for someone to step up and it might as well be me....    So here goes...

Feel free to join and share.

Simply put if an executive or banker, either through knowing action or inaction is found criminality responsible for the theft and loss of more than 1 million dollars of clients, customers, stockholder, or bondholders money, assets, or property, said executive and or banker will in addition to whatever other criminal penalties assessed, have his/her hands surgically removed.

Thu, 12/08/2011 - 12:39 | 1958932 i-dog
i-dog's picture

If hacking the hands off with a wild swing of an axe (or chainsaw) counts as "surgically removed", then I agree.

Thu, 12/08/2011 - 13:12 | 1959129 tarsubil
tarsubil's picture

I was thinking kukri but that might be too clean.

Thu, 12/08/2011 - 14:29 | 1959711 nope-1004
nope-1004's picture

The "Honorable" Jon S. Corzine.

HA!  The US is so done.  The guy is a thug.

BTW, nice mullet Jon.  Welcome to 1986!


Thu, 12/08/2011 - 14:35 | 1959751 Hard1
Hard1's picture

Agree, can't believe they still put the "honorable" after his name.  I want to become one of these honorable thugs.  As I read yesterday, Give me a gun and I will rob a bank. Give me a bank and I will rob the world.   I swear! under their honor system!

Thu, 12/08/2011 - 14:37 | 1959764 tarsubil
tarsubil's picture

Cut to commercial!

This is CSPAN, we don't have commercials!

Cut the feed!

Cut the feed!

They're on to us! Run for it!

Thu, 12/08/2011 - 14:38 | 1959772 fuu
fuu's picture

Actually the feed just died while he was explaining leverage.

Thu, 12/08/2011 - 14:40 | 1959793 flacon
flacon's picture


Thu, 12/08/2011 - 14:42 | 1959801 SheepHerder
SheepHerder's picture

Okay I thought it was just my internet connection, but I guess not.

Thu, 12/08/2011 - 14:57 | 1959886 fuu
fuu's picture

aaaand when it came back up the room was empty for a voting break.

Thu, 12/08/2011 - 14:42 | 1959802 SheepHerder
SheepHerder's picture

Okay I thought it was just my internet connection, but I guess not.

Thu, 12/08/2011 - 14:46 | 1959833 mudduck
mudduck's picture

Yup, because it was coming up to this;

Thu, 12/08/2011 - 14:47 | 1959839 AgShaman
AgShaman's picture

Yep.....Reminds me of the CFTC hearing in March of 2010...when Murphy was gonna spill the beans about the JPM traders manipulating the silver market thru naked shorting on the's important testimony (oops....we're experiencing technical difficulties...we'll bring back the broadcast when the discussion suits our puppet masters)

Thu, 12/08/2011 - 15:05 | 1959915 flacon
flacon's picture

Exactly what I was thinking - Bill Murphy. Wasn't it the same network too - CSPAN? And I've been listening ALL DAY to Sommers... and when it finally comes time for the drunken bastard to speak... they cut us out! FUCK YOU CSPAN! 

Thu, 12/08/2011 - 14:44 | 1959817 tarsubil
tarsubil's picture

Yeah and how he worked so hard in reducing it and fixing the mess he inherited. Alas, Jon's courageous efforts were too little too late. Poor guy.

Thu, 12/08/2011 - 13:15 | 1959159 Haywood Jablowme
Haywood Jablowme's picture





Thu, 12/08/2011 - 13:26 | 1959250 Bananamerican
Bananamerican's picture

dumb CFTC bitch Sommers' job is to use the word "appropriate" every 2 minutes...


Thu, 12/08/2011 - 13:33 | 1959282 redpill
redpill's picture

She knows nothing anyway, she's only there because that chickenshit Goldman Butt Buddy Grassley "recused" himself so he wouldn't have to lie under oath to protect the club.

Fuck these regulatory agencies, they don't do jack shit because they are all bought and paid for by the squid.  Shut them all down, at least that way no one has a false sense of security.

Thu, 12/08/2011 - 14:08 | 1959555 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

The whole truth and nothing but the help you god.


Thu, 12/08/2011 - 14:12 | 1959590 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Finance tanking!

Keep talking Corzine!  You will crater the world!

Thu, 12/08/2011 - 13:19 | 1959195 tarsubil
tarsubil's picture

Are they stalling?

Thu, 12/08/2011 - 12:04 | 1958743 fuu
fuu's picture

They will need additional funding to fully implement Dodd-Frank though.

Thu, 12/08/2011 - 16:00 | 1960126 knukles
knukles's picture

He said under oath that he didn't know were the money is.

hah haha haha ha ha ha ha

Under oath
That's funny.

haha ha ha ha ha ha ha
Former Goldman guy under oath
As if it matters

Doesn't know
ha ha hah ah ah ah ah ah aha 
Don't know

That's funny....
Oh, where do I sign up for the Bundlers Dinner?

Thu, 12/08/2011 - 16:29 | 1960271 Lord Koos
Lord Koos's picture

Short version -- "The dog ate my homework".

Thu, 12/08/2011 - 17:49 | 1960817 fuu
fuu's picture

He struggled many times with the "I never intended to break the segregated account rules."

Thu, 12/08/2011 - 12:20 | 1958812 Deo vindice
Deo vindice's picture

"I have no knowledge of where the money is.  We oversee and regulate the market, but the market is too complex to oversee and regulate."

Then simplify it as part of the overseeing of it.

There, that wasn't so hard, huh?

The whole complexity issue is precisely so the banks can hide their immoral and illegal activities.

Thu, 12/08/2011 - 12:26 | 1958859 karzai_luver
karzai_luver's picture

So SO true, if you can't explain it to your avg 8 year old then it's just a smoke screen for FRAUD!


Thu, 12/08/2011 - 15:00 | 1959897 pirea
Thu, 12/08/2011 - 14:26 | 1959696 Esculent 69
Esculent 69's picture

more like a game.....the crying game. If there's any justice he will be starring in the crying game py 2 , MF Colon

Thu, 12/08/2011 - 16:35 | 1960315 gookempucky
gookempucky's picture

didnt mean to cut in line but courtesy of Mr Sinclairs website.

no funds are safe period..prison time period

Thu, 12/08/2011 - 11:01 | 1958405 Minoan
Minoan's picture

Or these

(pirelli calendar 2012)

Thu, 12/08/2011 - 12:30 | 1958878 Jonbutterfly
Jonbutterfly's picture

Social unrest is on the rise. Who does still taping his eyes and does not want to see the  direcction we are heading. It is just a matter of time till the whole thing collapses. We will have a Western Spring soon when people will rioting in Berlin, New York and London.       

Thu, 12/08/2011 - 13:10 | 1959107 upWising
upWising's picture

When I was in third grade we studied Indians.  We made "Kachina masks" by getting empty 3 gallon cardboard ice cream containers and gluing feathers made from construction paper to them.

On the last Friday of every month, the Nuclear War Air Raid siren would test and we would all go to the back of the room and get our Kachina Masks, place them over our heads and hide under our desks.

"I can't see the bomb so the bomb can't see me."

I learned an important lesson there in third grade, on my knees under the desk.

Thu, 12/08/2011 - 13:12 | 1959134 upWising
upWising's picture

Oh, yea, I forgot to say that the Nuclear War Air Raid siren STILL, some forty years later, sounds at 10 am on the last Friday of the month.  I somehow imagine that the third graders are STILL hiding under the desks with boxes on their head.  

This is a GREAT country. 

Thu, 12/08/2011 - 13:35 | 1959308 Bananamerican
Bananamerican's picture

our sirens in SoCal have been allowed to rot in place...

I kind of miss them...THE most apocalyptically mournful sound i've ever the asynchronous ghosts of dead machines...

the world came into focus when they came on...

Thu, 12/08/2011 - 15:35 | 1960029 Dave Thomas
Dave Thomas's picture

I thought they sounded that siren to remind the townsfolk it was Wal-Mart friday. Funny.

Thu, 12/08/2011 - 10:39 | 1958295 The Big Ching-aso
The Big Ching-aso's picture



"MF love means never having to say you're sorry."

Thu, 12/08/2011 - 11:21 | 1958550 DB Cooper
DB Cooper's picture

Question - How much of your personal fortune are you willing to transfer to the people your company screwed?  By your answer we will know how truly sorry you are.

Thu, 12/08/2011 - 12:28 | 1958869 karzai_luver
karzai_luver's picture

not good enough, the q is When in the next week will you be cutting the checks?


Thu, 12/08/2011 - 11:25 | 1958571 defn8Dog
defn8Dog's picture

Former SEC chairman Harvey Pitt just said in a Bloomberg interview that Corzine is a crook by nature. 

Thu, 12/08/2011 - 16:25 | 1960252 Joe Sixpack
Joe Sixpack's picture

He did work for Goldman Sachs, no?

Thu, 12/08/2011 - 10:45 | 1958310 Jay Gould Esq.
Jay Gould Esq.'s picture

"Honorable" my ass.

Sir Larry Wildman ? A comment ?

"You're a two-bit pirate and greenmailer. Nothing more. Corzine ! Not only will you sell your mother to make a deal, you'd send her C.O.D."

Thu, 12/08/2011 - 11:00 | 1958424 pods
pods's picture

And then he would take out a CDS on her!


Thu, 12/08/2011 - 12:19 | 1958811 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

And then take out a hit on her...

Thu, 12/08/2011 - 12:24 | 1958841 Deo vindice
Deo vindice's picture

It took some training to make my fingers type 'honorable' and 'Corzine' in the same sentence.

(They're still hurting)

Thu, 12/08/2011 - 11:44 | 1958658 vast-dom
vast-dom's picture

"I do not know where the money is."



Simply amazing! Can't make this lowgrade theatre shit up! 

Thu, 12/08/2011 - 12:13 | 1958791 krispkritter
krispkritter's picture

He'd like us to believe he doesn't know his ass from a hole in the ground but I bet if they threw him in 'Federal Pound-Me-In-The-Ass' prison he'd be able to tell the difference...

Thu, 12/08/2011 - 12:36 | 1958914 SilverDoctors
SilverDoctors's picture

Funny that Jim Willie knows where the money went, but Jon Corzine has no clue!!

We had a COMEX system failure in November.  COMEX was ready to default on gold and silver in November.  Rather than honor delivery demands in gold and silver- JP Morgan simply stole the money in the accounts that were going to stand for delivery.  They had their pockets picked while they were standing in line at the delivery window.  Notices of delivery were replaced at stolen accounts!
JP Morgan averted both a COMEX default and a European sovereign debt implosion, and notice that JP Morgan increased the amount of silver in their registered vaults by precisely the amount that was supposed to be delivered! 
This is just another financial 9/11, and THERE WILL BE MORE.

Thu, 12/08/2011 - 13:23 | 1959229 Bastiat
Bastiat's picture

Just what I suspected  Wow. I wonder if the Silver Bears go cleaned out?

Thu, 12/08/2011 - 12:42 | 1958960 In Fed We Trust
In Fed We Trust's picture

Let me get this right,

The dude was giving(stealing)

50000 a month to give to clinton

To pay his future legal fees.

Hows that for prepaid legal services?

Thu, 12/08/2011 - 12:01 | 1958727 In Fed We Trust
In Fed We Trust's picture

His prpared statements sound pretty complex

Fir someone who acted like a crack head.

Wall st new favorite excuse. ITS So COmPLEX. Im no expert...bkah. Blah blah blah

Can we get 3 new bitch sheriffs on Wall St?

Come on TIME

Instead of man of the year

Start doing

Crook of the week!

Thu, 12/08/2011 - 13:33 | 1959063 e2thex
e2thex's picture

A Sociopath.

Why a hearing? For whom?


Thu, 12/08/2011 - 16:56 | 1960505 Freddie
Freddie's picture

Where is Bill Clinton? He was getting $50,000 a month from MF Worldwide.   Jon Corzine, Clinton and the muslim - all Democrats,

Thu, 12/08/2011 - 18:21 | 1960936 In Fed We Trust
In Fed We Trust's picture

John claims they were mainly a broker dealer.

Yet how was he trading so much principal?

The broker dealer part explains why the million TRANSACTIONS during the last days.....comissions....... Churn baby churn!!

John admits he sold he stake in MF back in August.

Goldman advised John to get out and fold cuz Goldman was gunning him downm!!

John wasnt worried cuz goldman meet him in the alley with hslf the loot.

They call it a RTM. A rip off till maturity.

The way it works is Goldman and MF global keep bouncing funds berween them selves , through, soverigns and squid.

The farmers get tired of looking for their stolen money !!

And it was under the squid the whole time.

At least John admits that he has been thinking alot about it lately

"how a billion dollars of clients money just went "poof"

Into some kind of black hole , off balance sheet rip off

Thu, 12/08/2011 - 18:23 | 1960942 In Fed We Trust
In Fed We Trust's picture

John claims they were mainly a broker dealer.

Yet how was he trading so much principal?

The broker dealer part explains why the million TRANSACTIONS during the last days.....comissions....... Churn baby churn!!

John admits he sold he stake in MF back in August.

Goldman advised John to get out and fold cuz Goldman was gunning him downm!!

John wasnt worried cuz goldman meet him in the alley with hslf the loot.

They call it a RTM. A rip off till maturity.

The way it works is Goldman and MF global keep bouncing funds berween them selves , through, soverigns and squid.

The farmers get tired of looking for their stolen money !!

And it was under the squid the whole time.

At least John admits that he has been thinking alot about it lately

"how a billion dollars of clients money just went "poof"

Into some kind of black hole , off balance sheet rip off

Thu, 12/08/2011 - 18:30 | 1960959 In Fed We Trust
In Fed We Trust's picture

What i fuckin dont get is why not

Just listen to his PHOnE fucking records?

Shit everyone elses phinr is tapped thanks to the fuckin patriote act

Use the patriote ACT to listen to his fucking phone records

And then hang the JEW and get on to the next one.

I dont see what the f. problem is?

Thu, 12/08/2011 - 10:34 | 1958251 Irish66
Irish66's picture

Did you hear Cramer...I just broke my TV

Thu, 12/08/2011 - 10:35 | 1958263 CvlDobd
CvlDobd's picture

What did he say?

Thu, 12/08/2011 - 10:37 | 1958274 Irish66
Irish66's picture

brilliant lawyer strategy, lawyers must know who pushed the buttons to co-mingle

Corzine gets off

Thu, 12/08/2011 - 10:49 | 1958337 The Big Ching-aso
The Big Ching-aso's picture



Lemme guess.    Hmmmmmmmmmm.   

"He was only the CEO.   CEO's aren't expected to know everything going on in their company.   Take me for instance.   When I give out stock advice I don't know everything about a respective company either.    Many times I'll pull things out of my ass if it helps move the market along."

Thu, 12/08/2011 - 10:36 | 1958270 lizzy36
lizzy36's picture

I have trained my TV to automute every time he opens his mouth, since CNBC refuses to use a tranquillzer gun on him.

Thu, 12/08/2011 - 10:45 | 1958332 Ruffcut
Ruffcut's picture

Watch Corzine live? Be better to watch him and others, dead.

Thu, 12/08/2011 - 10:34 | 1958254 Chief KnocAHoma
Chief KnocAHoma's picture

Are they going to water board him on live tv?

Thu, 12/08/2011 - 10:55 | 1958392 Atomizer
Atomizer's picture

Chinese water torture might be more effective.

Corzine: I don't know where the money went!

Drip, drip, drip.


Thu, 12/08/2011 - 11:10 | 1958477 FEDbuster
FEDbuster's picture

A pair of pliers and a blow torch would be more appropriate.  Time to get Medieval on these guys.

Thu, 12/08/2011 - 12:11 | 1958787 Dr. Horrible
Dr. Horrible's picture

Power tools is the new way.  I prefer an air-powered drill.

Thu, 12/08/2011 - 11:36 | 1958623 redpill
redpill's picture

Vere is dee money, Corzowski!!  Vee be back, cut off yo johnson!!

Thu, 12/08/2011 - 11:54 | 1958697 Ratscam
Ratscam's picture

head shot - clack, clack

Thu, 12/08/2011 - 10:35 | 1958257 homersimpson
homersimpson's picture

<--- Over

<--- Under

The under/over on how many times Corzine pleads the 5th is 7 times today. Place your bets.

Thu, 12/08/2011 - 10:36 | 1958264 schoolsout
schoolsout's picture

I've got a bottle of Jack on my desk and plan on taking a shot each time that occurs...

Thu, 12/08/2011 - 10:42 | 1958308 yabyum
yabyum's picture

Better get yours self a designated driver, could be a long day:))

Thu, 12/08/2011 - 11:58 | 1958718 BennyBoy
BennyBoy's picture

A better plan might getting your self a designated liver :)

Thu, 12/08/2011 - 12:03 | 1958740 redpill
redpill's picture

See I think he'll just lie, he's a politician afterall.  He'll only take the 5th if it gets to very particular questions that are easily verifiable.  Otherwise he'll just deny knowledge of it all. 


My prediction is 3.


Thu, 12/08/2011 - 12:26 | 1958861 NotApplicable
NotApplicable's picture

Agreed. I only think he'll invoke multiple times if it's the same question restated. (not that I'll watch to find out)

Thu, 12/08/2011 - 10:42 | 1958309 The Big Ching-aso
The Big Ching-aso's picture



What caliber ammo?

Thu, 12/08/2011 - 11:02 | 1958434 GMadScientist
GMadScientist's picture


Thu, 12/08/2011 - 14:26 | 1959693 Jena
Jena's picture

Three fingers.

Thu, 12/08/2011 - 14:27 | 1959702 Jena
Jena's picture

But how do you know when he's lying?  His lips keep moving...

Thu, 12/08/2011 - 11:10 | 1958358 flacon
flacon's picture

I am buying one moster box of American silver Eagles, every time he says "I don't know" or "I am not aware". 

Thu, 12/08/2011 - 10:55 | 1958389 tarsubil
tarsubil's picture

Robbery will now be referred to as "shortfall".

Thu, 12/08/2011 - 10:59 | 1958413 tarsubil
tarsubil's picture

As in, "there was a robbery of your account's money" will now be "there was a shortfall of your account's money". Sorry biznitch.

Thu, 12/08/2011 - 11:06 | 1958449 tarsubil
tarsubil's picture

Also, stole will now be referred to as "owe". As in, "we stole all of your account's money" will now be "we owe all of your account's money".

Seriously, are we all supposed to bend over while listening to this?

Thu, 12/08/2011 - 14:19 | 1959646 tarsubil
tarsubil's picture

In addition, "I'm sorry" will now refer to "hahahahahaha! take it! how you like that?"

Thu, 12/08/2011 - 17:50 | 1960821 fuu
fuu's picture

The 8 unders win.

Thu, 12/08/2011 - 10:35 | 1958258 schoolsout
schoolsout's picture

I wish people would call me honorable...

Thu, 12/08/2011 - 11:26 | 1958577 The Big Ching-aso
The Big Ching-aso's picture



Easy.   Steal a shitload of money and then donate it to an incumbent's reelection campaign.

Thu, 12/08/2011 - 10:36 | 1958265 Long-John-Silver
Long-John-Silver's picture

He should be the first under the Guillotine.

Thu, 12/08/2011 - 10:41 | 1958306 Seasmoke
Seasmoke's picture

no he should be 21st, there are 20 heads that should roll before him

Thu, 12/08/2011 - 10:49 | 1958355 Dr. Richard Head
Dr. Richard Head's picture

I am sure we could pull together a good list of 52 of them and assign them to a deck of cards.  It worked for American imperialists tracking "terrorists", so why not for us serfs to tracking these fucks.

Thu, 12/08/2011 - 12:00 | 1958725 krispkritter
krispkritter's picture

Reminds me of that old card game '52 Pickup' only with these douchebags you would have to call it '52 Stickup', that's basically what they've done to the taxpayer...robbed, at the point of a pen or the push of a button.  Have to rewind this favorite:

Fri, 12/09/2011 - 04:05 | 1962105 chindit13
chindit13's picture

Something for the Zerohedge Store.  Great stocking stuffer, too.  Now if those had been available on Black Friday, the economy might have gotten a real boost.

Thu, 12/08/2011 - 12:49 | 1958995 In Fed We Trust
In Fed We Trust's picture

Alex jones just put himself in position number one to be found fallen off a 5 story balcony.

Thu, 12/08/2011 - 10:36 | 1958269 LoneStarHog
LoneStarHog's picture

Now Airing:  The Chairman's Opening BULLSHIT Statement

Thu, 12/08/2011 - 10:37 | 1958273 Chief KnocAHoma
Chief KnocAHoma's picture

Corzine gurgling as Ron Paul pours water on his face.

Ron Paul - "Where's the money douche bag?"

Corzine - "Can I call Obama?"

Paul - pouring water again - "Maybe you should call your maker!"

Thu, 12/08/2011 - 10:39 | 1958289 Oztralian
Oztralian's picture

Because RP is in favor of waterboarding, right? Oh yeah, didn't think so...

Thu, 12/08/2011 - 10:44 | 1958325 Chief KnocAHoma
Chief KnocAHoma's picture

I think he would be in this case.

Thu, 12/08/2011 - 11:17 | 1958523 FEDbuster
FEDbuster's picture

RP would say Corzine should be tried and jailed if guilty.  The clients should have done more due diligence on MFG before giving their money to them.  Government shouldn't get involved in private transactions except to insure fraud and theft gets prosecuted.

Thu, 12/08/2011 - 11:42 | 1958651 tarsubil
tarsubil's picture

And this panel of stooges know that we just need more government, regulation, and funding. What a joke. The government endorses these shenanigans with fake guarantees on their legitamacy due to their regulations. Their regs are worth warm spit and we get robbed. More regs! More guarantees that these rigged markets are legitimate! Please keep playing sheeple! We need to launder some more money to ourselves! What a big bunch of bs!

Thu, 12/08/2011 - 12:51 | 1958873 FEDbuster
FEDbuster's picture

Take away all the "government" insurance scams SIPC, FDIC, FHA, etc..., and let the whole ponzie, fraudulent casino come crashing down.  If Corzine walks from this, there is no rule of law anymore.  They stole clients money, just the same as if Wells Fargo took money out of your checking account to pay it's bills.  This is THEFT, and Corzine was in charge.  Corzine should also turn over his $50 million + net worth in the form of restitution just like Madoff had to.  

Anyone who still participates in this financial fraudulent without rule of law stock market deserves what is coming.  Buy some fucking gold and a gun, and tell them "out of my cold, dead hands" when they come to take them.

Thu, 12/08/2011 - 14:43 | 1959810 Piranhanoia
Piranhanoia's picture

that has worked out real well.  Private transactions not dicated in law invite fraud against the ignorant party. It has been 400 years since we figured that one out.  We don't want to move back.

Thu, 12/08/2011 - 12:25 | 1958852 azzhatter
azzhatter's picture

Even Dr Paul might have to make an exception for this doucher

Thu, 12/08/2011 - 10:41 | 1958307 wisefool
wisefool's picture

I am a nonviolent type. but could somebody please appeal to TPTB. We all know this is not bammers fault, but we all know he cant fix this. Corzine is the guy him and Biden relied on for the recovery effort. (see youtube)

I beseech you TPTB Give Ron Paul a fair chance and if he wins, 'Bammer can pardon all these D-Bags and we can move on.

Thu, 12/08/2011 - 10:48 | 1958353 Ruffcut
Ruffcut's picture

Pardon? "I beg your pardon, as I stomp the shit out of your ballsack."

That's a pardon I would believe in.

Thu, 12/08/2011 - 10:52 | 1958371 Dr. Engali
Dr. Engali's picture

Obummer is just as guilty as this douche bag. I find it in comprehensible that anybody on this site would be defending him. Tyler this guy needs to go back out on the front porch.

Thu, 12/08/2011 - 11:01 | 1958402 wisefool
wisefool's picture

I'll gladly go if that is the ruling. But if you watched the movie or read the book, the narrator and tyler compromised on non-externally-violent solutions. They are simply much more productive.

You all cant have it both ways. If Obama is a puppet/teleprompter then he is complict but not the cause.

Thu, 12/08/2011 - 11:11 | 1958469 Dr. Engali
Dr. Engali's picture

If he doesn't have the courage and intestinal fortitude to stand up to these scumbags then he is most certainly the problem.  He has taken more money from this slime than anybody in history. And he continues to take it. If he wasn't part of the problem he would end the bail outs and let them fail. If you aren't part of the solution then you are the problem.  By the way , I have read the book and watched the movie on several occassions. Do you remember the restroom scene? I don't see any place where I advocated violence.

Thu, 12/08/2011 - 11:15 | 1958512 wisefool
wisefool's picture

My post was in response to the cheif, as others pointed out, ron paul is against torture. if you or any other space monkey want to advocate violence that is your thing. But if the sheeple got this type of solution associated with ron paul or anybody else who would actually improve our plight, we gotta get context built in there. The sheeple actually believe Donald Trump is a successful businessman for goodness sake and they think Ron Paul is extreme. again. we should let our voices be heard but with proper context.

Thu, 12/08/2011 - 11:38 | 1958636 The Real Fake E...
The Real Fake Economy's picture

the only one with any intestinal fortitude is Hulk Hogan  

Thu, 12/08/2011 - 11:47 | 1958665 wisefool
wisefool's picture

Thats more like it. Seriously, people are going to vote in 2012 based on this video they probably dont want to care about what is happening today.

Thu, 12/08/2011 - 11:50 | 1958676 Dr. Engali
Dr. Engali's picture

What about Chuck Norris? I hear he is loaded with intestinal fortitude :>

Thu, 12/08/2011 - 10:44 | 1958321 High Plains Drifter
High Plains Drifter's picture

i love you chief....

Thu, 12/08/2011 - 12:59 | 1959039 JR
JR's picture

Sorry, Chief. The junker button is acting aggressively today; when I gave you a thumbs up, it also countered with a thumbs down… So knock a -1 off that -5.

Thu, 12/08/2011 - 10:37 | 1958275 Normalcy Bias
Normalcy Bias's picture

I suspect he'll be suffering from an acute, Clintonian case of selective amnesia.

Thu, 12/08/2011 - 10:46 | 1958333 High Plains Drifter
High Plains Drifter's picture

it all depends on what "is" is.......or    it all depends on what you mean by........ commingling

Thu, 12/08/2011 - 10:38 | 1958279 docmac324
docmac324's picture

Wow, nice tan dude.


Thu, 12/08/2011 - 10:50 | 1958360 Don Birnam
Don Birnam's picture

"I wish to exercise my Fifth Amendment right against self-incrimination and respectfully refuse to answer any questions pertaining to where I obtained my tan. But hey, buddy -- thanks for the comment !"

Thu, 12/08/2011 - 10:38 | 1958280 NEOSERF
NEOSERF's picture

I can't recall...I can't recall...I have no notes on that....I plead the fifth...

Thu, 12/08/2011 - 10:38 | 1958283 Dr. Horrible
Dr. Horrible's picture

I would like C-Span to turn off the lights so that we can see Corzine glow in the dark.

I see an evil green light coming out of his eyes.


Thu, 12/08/2011 - 10:38 | 1958284 Long-John-Silver
Long-John-Silver's picture

Wall Street is working as if 2008 never happened.


They got bailed out so it never happend to THEM!

Thu, 12/08/2011 - 10:51 | 1958364 Dr. Richard Head
Dr. Richard Head's picture

My ass still hurts from that bailout. It's like I have permanent GOATSE.

Thu, 12/08/2011 - 11:03 | 1958438 GMadScientist
GMadScientist's picture

Thanks for making my MIB red flasher a worthwhile purchase.

Thu, 12/08/2011 - 10:39 | 1958294 MIDTOWN
MIDTOWN's picture

*Chairman and CEO of MF Global, former Governor of New Jersey, former CEO of Goldman Sachs and former US Senator claims he had “little expertise or experience in the operational aspects of the commodity business”.   John Corzine was Chairman and CEO of the worlds’ largest derivative business by volume.  The shortfall in customer accounts may be as large as $1.2 billion, or 22%, these were supposedly “Segregated Accounts”.   (Segregated Account funds are separated from the operating accounts of the broker you're with).


There is more than 1 billion in customer segregated funds missing and to date no one has been held accountable.  The credibility of the entire US Banking and Brokerage industry is in question.  John Corzine will testify before a House committee today that he had “Little Expertise”.

Per MF Global Website:


 MF Global (NYSE: MF) is one of the world’s leading brokers of commodities and listed derivatives. The firm delivers trading and hedging solutions as a broker-dealer across all major markets for futures and options, commodities, fixed income, equities and foreign exchange. MF Global provides access to more than 70 exchanges around the world and is a leader by volume on many of the largest derivatives exchanges. The firm is also one of 22 primary dealers authorized to trade U.S. government securities with the Federal Reserve Bank of New York.


Market Leader

Nearly 230-year heritage and strength in commodities


— History extends back to the founding of most commodity exchanges

— Significant presence among the world’s largest commodity markets

                    Leading position in listed derivatives markets


— Leader by volume on major global derivatives exchanges

— Premier broker based on number of transactions executed, client balances maintained and broad global presence

Global Footprint and Diverse Product Offerings

Through our global distribution network, clients have a single point of access to a vast array of cash and derivatives products within the world’s most active financial marketplaces

Network of client and counterparty relationships, built from our industry connections and expertise in understanding and meeting individual client needs


Practical and Timely Research and Commentary

MF Global’s research and commentary offerings include analysis by equity and policy research teams, macroeconomic and fundamental analysis across a wide spectrum of assets, and commentary on market activity as well as trade ideas


Primary Dealer Designation

Member of select group of firms designated as a counterparty to Federal Reserve Bank of New York


Thu, 12/08/2011 - 10:40 | 1958296 Seasmoke
Seasmoke's picture

dont ever forget this motherfucker lost alot of NJ money in Lehman and Bear Stearns

Thu, 12/08/2011 - 10:40 | 1958298 thunderchief
thunderchief's picture

Red Handed theft.

Smoking gun Murder.

And Everyone just sits and watches it.


Thu, 12/08/2011 - 10:53 | 1958380 Dr. Richard Head
Dr. Richard Head's picture

As the CFTC Commissioner states, in prepared statements, that they will use this incident to help them with lessons learned.  The only lesson learned here is the ALL Federal Regulatory agencies as used to regulate the theft of the people.  Nothing more, nothing less.  Lesson learned.  CUNT WHORE FUCKTARD ASSHOLE TWAT BASTARD DICK FUCK SON OF A BITCH QUEEF.........AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Thu, 12/08/2011 - 13:21 | 1959123 A Lunatic
A Lunatic's picture

Speaking of smoking guns, Eric Holder is pulling the same shit with the Fast and Furious gun debacle. "Well yea, I'm in charge of this whole thing but I really don't know shit about anyhing that goes on". Ignorance is no fucking excuse dirtbags! What a wholly apathetic and willfully ignorant populace we must have in order for shit like this to continue unabated.

Thu, 12/08/2011 - 10:41 | 1958303 I am a Man I am...
I am a Man I am Forty's picture

but but but, CNBC has told me that Goldman Sach guys are the smartest, bestest, and brightest in za whole wide world

Thu, 12/08/2011 - 10:58 | 1958406 Chief KnocAHoma
Chief KnocAHoma's picture

They are the best at theft and thuggery.

PS - like your photo - sorry OSU got left off the BCS dance card.


Thu, 12/08/2011 - 10:41 | 1958304 dwdollar
dwdollar's picture

And the first idiot up...

Congressman Peterson is "surprised" that Wallstreet hasn't learnt anything since 2008.


Thu, 12/08/2011 - 10:42 | 1958312 High Plains Drifter
High Plains Drifter's picture

hey man, i was the fearless leader.  i didn't have any idea what those dothead traders of ours were doing down in their cublicles on the lower floors below my ivory tower........its those wascally dotheads again. throw those crooks in jail. i am innocent of any wrong doing. i don't know what they did with the customer monies.  i am innocent. it was not my job on a day to day business to keep tabs on what our dothead traders were doing...........we , of the desert sand people tribe, never ever do anything wrong. its against our religious faith.......

Thu, 12/08/2011 - 10:47 | 1958344 SMG
SMG's picture

Illuminati not jewish as you are implying.   I wonder if he'll be a sacrificial lamb?

Thu, 12/08/2011 - 10:50 | 1958361 High Plains Drifter
High Plains Drifter's picture

illuminati were alive and well in the late 1700's but are long since  dead and gone. quit listening to alex jones already.  hey , read my post. did i say anything about yids?  

Thu, 12/08/2011 - 12:06 | 1958752 SMG
SMG's picture

"we , of the desert sand people tribe, never ever do anything wrong. its against our religious faith"

Uh what did that mean exactly, especially since Corzine's public faith is Jewish. 

In reality he is one of those Lucifer worshipers who believe themselves to be a god. (so do whatever you want right?)

If the Illuminati were gone, there would be no federal reserve, no eye of horus/lucifer on the back of the dollar, no "11" in Bank of America's logo, or creepy painting in their headquarters.

And I actually think Alex Jones is probably controlled resistance, used to discredit others.


Thu, 12/08/2011 - 16:19 | 1960206 Dave Thomas
Dave Thomas's picture

Maybe it's just a painting by a old hippie.

Nope wait, better spend several years of my life investigating all this hidden masonic/illuminati shit.

Thu, 12/08/2011 - 16:20 | 1960223 wisefool
wisefool's picture

I also think Alex Jones might be a true capitolist, with a diverse set of industries.

Thu, 12/08/2011 - 18:45 | 1960997 In Fed We Trust
In Fed We Trust's picture

Wise fool i dunno know

But alex is a fearmongerkng Zionist protecting

Isreali cock sucker. A gken beck on steriods if you will?

Fri, 12/09/2011 - 01:22 | 1961968 wisefool
wisefool's picture

That was kinda my point. There is a troll bait radio program out there called true capitalist radio. sounds like Alex jones diversifying his industries. his name sake stuff gets the liberty/conspirac leaning types. This true capitolist thing gets the younger generation. Like you said both have truth, but lots of theatrics, and selling tshirts. nothing wrong with that, but I'll stick to ZH and Jim Cramer Ads! hah hah now everybody going to ads for that idiot. Merry christmas!

Thu, 12/08/2011 - 23:24 | 1961680 mahalopamala
mahalopamala's picture

I wonder- I have heard this recently too. There are many wolves in sheeps clothing. As Alex Jones himself once said- "Everyone has an agenda."  We all have to search for the truth and find out what is behind the people that we listen to.

Don't forget all those TV preachers.  Most of them are connected with the one worlders/globalist bankers/control freaks.  Ask yourself- how could Billy Graham be the pastor to all the presidents?  How could he have the high level access for some of his deals?  Interesting.

Oh, did I mention he is a 33rd degree Freemason?   just sayin'....


Thu, 12/08/2011 - 23:28 | 1961682 mahalopamala
mahalopamala's picture

 sorry for duplicate post


Thu, 12/08/2011 - 11:05 | 1958445 GMadScientist
GMadScientist's picture

Then you wouldn't mind returning your bonuses and golden parachute then, motherfucker?

Thu, 12/08/2011 - 12:10 | 1958775 Kali
Kali's picture

He wasn't selling/suspected of selling pot, they only take all your shit if you are selling da shit!  They should get the DEA on these guys.  Clawbacks would happen then.  Then the peeps would have to fight the gov to get their money back.  Nevermind.

Thu, 12/08/2011 - 10:42 | 1958314 dumpster
dumpster's picture

tune in c-span watch turds circling in a toilet bowl 

to be flushed .  save time just observe your morning  ah moment

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