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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 - 13:03 | 1959059 hangemhigh77
hangemhigh77's picture

how is she going to see red flags?  Her head was in Gensler's lap.  This schister doesn't know jack shit.  Just slap this guy already.

Thu, 12/08/2011 - 13:04 | 1959064 hangemhigh77
hangemhigh77's picture

Let's confirm that you need your schister lying ass kicked

Thu, 12/08/2011 - 13:04 | 1959065 haskelslocal
haskelslocal's picture

What a lawyer, the 175 are "systems guys and things like that". I'm a Chief Things Like That Officer.

Thu, 12/08/2011 - 13:04 | 1959068 hangemhigh77
hangemhigh77's picture

No everything looked fine to us.

Thu, 12/08/2011 - 13:05 | 1959070 Ralph Spoilsport
Ralph Spoilsport's picture

These are the lamest bunch of questions yet.

Thu, 12/08/2011 - 13:05 | 1959071 hangemhigh77
hangemhigh77's picture

the ineptitude is AMAZING!!!

Thu, 12/08/2011 - 13:05 | 1959074 hangemhigh77
hangemhigh77's picture

No one is allowed in the room with an IQ over 70

Thu, 12/08/2011 - 13:06 | 1959079 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Representative- "Hey, I resemble that remark!"

Thu, 12/08/2011 - 13:07 | 1959083 hangemhigh77
hangemhigh77's picture

Well the technique she uses is back and forth movement with her head on Gensler's little wee wee

Thu, 12/08/2011 - 13:07 | 1959084 DOT
DOT's picture

Fraudulent conveyance.  Pay -up JPM !


Thu, 12/08/2011 - 13:07 | 1959085 hangemhigh77
hangemhigh77's picture

The only thing this bitch knows is how to give good head.

Thu, 12/08/2011 - 13:08 | 1959092 haskelslocal
haskelslocal's picture

Will we have this hearing when humanity is wiped out? "I think at the end when we know what happend then we can go back and police it more effectively."

Thu, 12/08/2011 - 13:09 | 1959102 Oro
Oro's picture

Reporting; "spot checking"?  Shit!

Thu, 12/08/2011 - 13:10 | 1959105 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Current idiot- Can we takeover this institution and then nationalize all of these type of institutions? Can we also just let all of those that committed fraud go and say they REALLY did not commit theft and then use that to become a communist country?


Response- YES


Thanks for agreeing with me to continue the complete takeover of everything. You are a patriot comrade.

Thu, 12/08/2011 - 13:11 | 1959118 hangemhigh77
hangemhigh77's picture

And the schister says, huh?  I don't know nuttin'

Thu, 12/08/2011 - 13:11 | 1959122 overmedicatedun...
overmedicatedundersexed's picture

the committee has found the crooks do not obey the laws so we will write more laws that they avoid with a larger gov body to run it so we will raise taxes and borrow more money.

we sheep now must give blood along with wool.

Thu, 12/08/2011 - 13:11 | 1959127 DOT
DOT's picture

Gain ! From 2/3 to 70 %   !


More !

Thu, 12/08/2011 - 13:13 | 1959141 hangemhigh77
hangemhigh77's picture

Bring Ron Paul in and let him ask a few questions.  Now we have a dumb Mexican asking questions?  This guy needs to get back in the kitchen and make the tacos for liunch

Thu, 12/08/2011 - 13:13 | 1959143 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

By the way, if you have not invested in the most valuable PM at this time, you should.

Pb is trading WAY UP.


Followed by Tar and Feathers.

Thu, 12/08/2011 - 13:13 | 1959146 Bansters-in-my-...
Bansters-in-my- feces's picture

Check out Kitcos gold lease rate charts,if you want to see how the gold manipulation is aided. The charts show (deceptively) the rates went down to NEGATIVE 8% FOR A VERY SHORT PERIOD,just befor the price got hammered. The bullion banks were given gold that they were paid to take,and dump on the market.

Then they just roll a negative lease over and over

Thes gold lease rates at negative are woth watching,they tell a story.


Thu, 12/08/2011 - 13:13 | 1959148 GrinandBearit
GrinandBearit's picture

There are no lessons learned you asshole... it's always been wash, rinse and repeat... and it always will be.

Thu, 12/08/2011 - 13:14 | 1959149 DOT
DOT's picture

" Whole" is the new "un-whole"

Thu, 12/08/2011 - 13:14 | 1959150 Gamma735
Gamma735's picture

The customers' monies were stolen to pay off MFGlobal's bad European bets. 

Thu, 12/08/2011 - 13:14 | 1959151 hangemhigh77
hangemhigh77's picture

Aiiiiiy carumba!!  Andeleeeee andeleeeeeeeee, arrrriiibaaa arrriiiibaaaaa

Thu, 12/08/2011 - 13:14 | 1959152 sgt_doom
sgt_doom's picture

Jon Corzine:  Gentlemen, I know absolutely nothing about finance.

Robert Rubin: Gentlemen, I know absolutely nothing about finance.

Ben Bernanke:  Derivatives?  Securitizations?  Gentlemen, I'll have to get back to you on that!

Maurice "Hank" Greenberg: Gentlemen, ignore all my remarks to those GAO auditors back in the late '90s, I know absolutely nothing about all these exotic financial instruments.

Thu, 12/08/2011 - 13:15 | 1959162 hangemhigh77
hangemhigh77's picture

Oh she's really rolling now.  OK that fixes everything.

Thu, 12/08/2011 - 13:19 | 1959167 bigdumbnugly
bigdumbnugly's picture

"lessons learned."   "moving forward."    etc.

and other such nonsense.

i am so sick of wonk speak.

a b s o l u t e l y    sick of it.

Thu, 12/08/2011 - 13:16 | 1959169 sgt_doom
sgt_doom's picture

David Cardona:  FCIC report?  What FCIC report?  We know nothing about crimes committed by the banks!

Thu, 12/08/2011 - 13:16 | 1959173 hangemhigh77
hangemhigh77's picture

this guy is a dic smoker

Thu, 12/08/2011 - 13:16 | 1959174 Ralph Spoilsport
Ralph Spoilsport's picture

A disgusting waste of time.

Thu, 12/08/2011 - 13:18 | 1959185 glokk26L
glokk26L's picture

Hey, I bought a set of Pirellis... I never was offered a calendar of naked supermodels!

For some strange reason I feel the urge to buy more tires...

Thu, 12/08/2011 - 13:18 | 1959191 hangemhigh77
hangemhigh77's picture

reg 1.25?  Well that solves everything.  Here's a new reg.. reg "FUCK YOU AND DIE"  hang them all

Thu, 12/08/2011 - 13:19 | 1959196 haskelslocal
haskelslocal's picture

Keep asking questions about 1.25 which has been said 4 times now had nothing to do with anything. So, next guy, ask it again. It's a great time waster...

Thu, 12/08/2011 - 13:20 | 1959201 hangemhigh77
hangemhigh77's picture

Thank God the people are represented by all these honest politicians.  Whatever they determine as justice is good enuf for all the slave they represent

Thu, 12/08/2011 - 13:20 | 1959202 Ralph Spoilsport
Ralph Spoilsport's picture

How many times are these clowns going to use the phrase "lessons learned"?

Thu, 12/08/2011 - 13:20 | 1959203 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

This whole thing can be explained to another current debate.


Criminals do NOT follow the law. You can pass a thousand laws, regulations and controls on guns. But criminals do not care about gun laws. Criminals will get guns!


Fraud and criminal activity in this case is SIMPLE and straight forward. MF stole money from others to cover their INSANE bet on soverign debt. Corzine personally bet that the US would bail out the EU. He had inside information and then the game changed. He was stuck, the company did not have the margin call to cover the bet, therefore he STOLE the necessary funds from customers. Then the metaphorical crap hit the fan. The whole thing went down.

This is the scenario I see coming out in the future. Time will tell.

Also, Corzine WILL NOT be held accountable, no one will be held accountable for it.


If you steal an oarnge to hold off starvation, you will go to jail. If you steal $1.2 Billion you will be suggested to be the sec treas.

Thu, 12/08/2011 - 13:20 | 1959206 TheSilverJournal
TheSilverJournal's picture

The MF Global / John Corzine fiasco should scare the begeezus out of investors. Now, not only are investors taking risks on their own bets, but the are also taking on the risks of their brokerage.

Thu, 12/08/2011 - 13:21 | 1959212 hangemhigh77
hangemhigh77's picture

Cockzine is taking a shit right now.

Thu, 12/08/2011 - 13:22 | 1959219 hangemhigh77
hangemhigh77's picture

capable professional staff?  Excuse me but...ahahahahahahahahahahahahahahahahahahahahaha  NOW THAT'S FUNNY!!!!!!!!

Thu, 12/08/2011 - 13:22 | 1959221 haskelslocal
haskelslocal's picture

That douche was an expert at asking question he knew could not be answerd.

Thu, 12/08/2011 - 13:22 | 1959222 GrinandBearit
GrinandBearit's picture

This hearing is absolutely ridiculous.   I'm done wasting my time with this bullshit.

Thu, 12/08/2011 - 13:22 | 1959226 Oro
Oro's picture

Good stall!  She will say no

Thu, 12/08/2011 - 13:23 | 1959232 AndrewJacksonsGhost
AndrewJacksonsGhost's picture


A late hit!


Tell us if there is any other problematic houses?  Hmmmmm?

Thu, 12/08/2011 - 13:23 | 1959233 Ralph Spoilsport
Ralph Spoilsport's picture

Meanwhile, Glenn Beck babbles about how holy he is and please buy another copy of "Christmas Sweater". Limbaugh complains about Obama campaign funding and Dumbocrats picking on poor Newt Gingrinch.

Thu, 12/08/2011 - 13:26 | 1959252 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Hey Ralph, have you seen any of the lefties telling ANYONE about the problems? No, so quit your bashing of Beck and Limbaugh. Unless of course you are just here to sock obama and his criminal cabal?

Thu, 12/08/2011 - 13:28 | 1959270 Ralph Spoilsport
Ralph Spoilsport's picture

Hey Andy, sorry to tarnish your golden idols, but all the right wing talking heads are playing a broken record. I don't expect the lefties to do anything but promote communism.

Thu, 12/08/2011 - 13:33 | 1959302 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Idols, I would expect a sockie to use ad homs to debate, but could you at least get your arguments properly cleared from your local supervisor. You may end up looking a little ignorant.

By the way, can you show me the democrats in this here investigation actually calling for criminal charges?


Thu, 12/08/2011 - 13:30 | 1959280 haskelslocal
haskelslocal's picture

How does anyone chose to deflect this to be some political/entertainment issue? Please.

Thu, 12/08/2011 - 13:35 | 1959320 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Hey, been listening to beck since he started calling for PMs 6 months after I pulled my retirement funds and put it all in. That was in 2007.

Hmmmm, and the dems told me that everything was fine. So you can continue to think that this is not political. RP has been saying for decades, are you now going to say that RP was wrong.

Thu, 12/08/2011 - 13:48 | 1959429 haskelslocal
haskelslocal's picture

Andy, you may have gotten good "advice" but in that advice you were not getting it politically. You don't go around asking everyone their political affiliation prior to your talking to them do you? Guy at Home Depot helping you buy some wood may help you build a sweet deck but his political affiliation is irrelevant. As is any on-air entertainer who gives you PM investing advice. Least we forget this is one system, not two.  

Thu, 12/08/2011 - 14:07 | 1959526 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

I did not get the advice from Beck. I saw the problem before he did. I actually saw it before my trader in the company I worked for. I worked for a land development company, had a very good guy controlling our fund. He had actually moved 10% of our fund to PMs. But he did not see the market correction. I did. Therefore I took a 25% hit because of the government knowing about the problem they instituted that increased rate. They hit me for 25% pulling out my retirement. Yes, I could of lowered the hit, but knowing that the system was going to take a hit, I let the higher rate hit knowing that I could use that hit on an extended layoff. I hit gold running at $600. I to this date have not realized any profit therefore have not taken ANY realization of income.


Beck saw it 6 months after I did. He informed everyone about the market correction. That is when I realized he attempted to inform as many as he could.

THAT, does not mean I agree everything that he states, it just means he is given a little bit of respect for realizing the problems.


As for on air entertainers, I got on air once with my representative, made him look the fool. It was on a local radio station, the first time that I have ever had to discuss economic and political components with someone in the federal government. Ron Kind was "kind" of taken back when he got someone knowledgeable in the problems in our Republic. A later caller actually called up my earlier comments.


Hell, I think I would hold my own with anyone from the fed gov. I have been studying for three years now because my industry has taken the largest hit, when not working, I study. I am a construction specialist. I am an aircraft mechanic with additional training in engineering and business. Have worked for myself about 50% of my lifetime. Just to give you an idea where I am coming from.

Thu, 12/08/2011 - 13:24 | 1959238 hangemhigh77
hangemhigh77's picture

This guy looks like a cartoon

Thu, 12/08/2011 - 13:24 | 1959243 hangemhigh77
hangemhigh77's picture

can you perform the duties of a regulator?  Absolutely.  Excuse me but,  ahahahahahahahahahahahahahahahahahah  That's even funnier.

Thu, 12/08/2011 - 13:24 | 1959244 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Well, we look at firms, but we are not going to tell anyone about the problems!

Thu, 12/08/2011 - 13:26 | 1959246 non_anon
non_anon's picture

ha ha, I love the way these fuckers and fuckettes plead ingnorance and their innocence


Thu, 12/08/2011 - 13:25 | 1959247 Oro
Oro's picture

Where were you?

Thu, 12/08/2011 - 13:27 | 1959260 non_anon
non_anon's picture

w/ rosy palmer

Thu, 12/08/2011 - 13:26 | 1959254 DOT
DOT's picture

Cabinet level position needed for Dept. of  Problems.

Thu, 12/08/2011 - 13:27 | 1959258 hangemhigh77
hangemhigh77's picture

How is this one schister the guy that we need to talk to?  Somebody just knock this moron out.

Thu, 12/08/2011 - 13:27 | 1959259 digalert
digalert's picture

Celente should be interrogator.

Thu, 12/08/2011 - 13:29 | 1959274 azusgm
azusgm's picture

Celente and Ann Barnhardt should interrogate Corzine himself.

"Da Fif! Da Fif!"

Thu, 12/08/2011 - 13:28 | 1959266 hangemhigh77
hangemhigh77's picture

Here's some insight for you......PULL YOUR CARTOON HEAD OUT OF YOUR FAT ASS

Thu, 12/08/2011 - 13:29 | 1959272 DOT
DOT's picture

@ .70 and steady

Thu, 12/08/2011 - 13:30 | 1959281 glokk26L
glokk26L's picture

Admit nothing, deny everything, make counter accusations.

Saw that on a tee shirt once.


Bet that's Mr. C's game plan today.

Thu, 12/08/2011 - 13:34 | 1959314 haskelslocal
haskelslocal's picture

I would like to start trying that in my life and think I'll practice with my neighbor and my dog.

Issue. Dog shit is on neighbor's grass.

Response: I know nothing about dog shit, my dog in no fucking way shit on your lawn! Your son was pissing on your roses last night when he came home wasted!

That feels good....


Thu, 12/08/2011 - 14:39 | 1959779 Jena
Jena's picture

"4) you can't prove that's my dog's shit, 5) I don't have a dog, 6) what shit?"

Thu, 12/08/2011 - 13:35 | 1959317 Occam's Moistur...
Occam's Moisture Strip's picture

So if the CFTC has the personnel and tools needed to do their job, whence MFG?

Thu, 12/08/2011 - 13:36 | 1959323 FrozenOut
FrozenOut's picture

Explain this:

Alan steals money from Bill, Alan gives money to Carl, Alan is jailed, Carl must disgorge funds to Bill. This is established legal precedent, used in Madoff case etc.

Alan steals money from Bill, Alan buys OTC swap from Carl that goes bad and has to put up Bill's funds for margin call, Alan is jailed, Carl is richer. This is how "global finance" works?

Somebody has the MFG clients money. It didn't evaporate. Don't you guys employ accountants?

Thu, 12/08/2011 - 14:02 | 1959508 optimator
optimator's picture

Could be in petty cash.  Ask the guy that went to jail for five years for stealing twenty bucks from that petty cash, he may know somthing.

Thu, 12/08/2011 - 13:37 | 1959324 Saro
Saro's picture

"And now the money is *POOF* gone."


It's gone.  It's all gone.

Thu, 12/08/2011 - 13:37 | 1959332 falak pema
falak pema's picture

looking at this investigation hearings one gets the impression this regulatory body representated by the lady has NO HANDLE on how to regulate, no red warning list, no due diligence methodology about the actors and their possible shenanigans. This is a about as serious as the woman who says...'I don't know where my vagina is, I haven't been given a specification from my bosses on how to identify it, nor a checklist of actions allowing me to know how to locate it on my body. I have never met my boss, Mr Gensler, so the fact that he is a specialist in this area means that it is irrelevant to my ability to find my way. So if a man raped me or another woman like me I wouldn't be competent to know if rape occured. But I am very competent in my job as rape regulator.'


Thu, 12/08/2011 - 13:38 | 1959341 hangemhigh77
hangemhigh77's picture

oh right, lets spend more money on the CFTC so they can do a better job next time.  So this time it's really not their fault they didn't have enuf corrupt regulators.

Thu, 12/08/2011 - 13:39 | 1959361 Occam's Moistur...
Occam's Moisture Strip's picture

Agreed, what a joke.

Thu, 12/08/2011 - 13:39 | 1959358 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

"Can we create a Ministry of Problem solving?"

"Thanks for your participation in this coverup, thanks again."

Thu, 12/08/2011 - 13:39 | 1959360 Oro
Oro's picture

Sommers is a career politico, worked for Dole. College BA.  

Thu, 12/08/2011 - 13:43 | 1959369 Use of Weapons
Use of Weapons's picture

MF issued cheques, to the tune of $57,000,000, which were accounted for [deducted from client's accounts] which bounced. A week before the bankruptcy. Obviously something's a little odd there... Can we say "hemorrhaging cash"? These were not included in the reported losses so far.


So there's an extra $57 to add to the total.


Sommers seems to be worse than Murdoch Junior: grimacing to people behind, deer in head-lights look.

Thu, 12/08/2011 - 13:40 | 1959375 hangemhigh77
hangemhigh77's picture

BEST OF LUCK?????  Bitch slap this fat fuck

Thu, 12/08/2011 - 13:41 | 1959379 haskelslocal
haskelslocal's picture

This idiot wishes the CTFC luck in finding the money? Luck? WTF.

Thu, 12/08/2011 - 13:43 | 1959395 karzai_luver
karzai_luver's picture

Look under da couch bitch.


Thu, 12/08/2011 - 13:43 | 1959396 hangemhigh77
hangemhigh77's picture

How does a dumb bitch like her get so much power?  BLOWJOBS

Thu, 12/08/2011 - 13:43 | 1959399 hangemhigh77
hangemhigh77's picture

her skin really has a gleeming glow that can only come from sperm consumption

Thu, 12/08/2011 - 13:46 | 1959406 The Count
The Count's picture

If anybody here thinks we can simply get rid of all the crooked and incompetent indiots running our country, think again. They knew what was coming and have changed laws and taken away liberties so that any action against said incompetent idiots could be contrued as 'terrorist' activities aimed at the US government. In which case you can kiss your sorry ass goodbye as you will not get due process. Taking out that US taliban in Yemen without any legal basis should have been a warning. The ONLY guy who said the action was worrisome was Ron Paul. All others beieve the 'terrorists are everywhere' sham that has been concocted which is turning the US into a banker dictatorship. And guess who the bankers really are...


Thu, 12/08/2011 - 13:44 | 1959407 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

AGAIN! They bring in the whole complexity issue! What is so damn complex about a company stealing customer money!?


Hey LOOOOOKKEYYYY, pretty buttons!

Thu, 12/08/2011 - 13:47 | 1959419 hairball48
hairball48's picture

Paraphrasing that idiot a few mins ago. I had to turn it off.


...Well the money in client accounts went to overseas institutions which are themselves in various forms of bankruptsy or insolvency. We're talking to them and trying to get the money back......

yeah right..Goood fuckin luck to the clients getting any money back any time soon.

Thu, 12/08/2011 - 13:49 | 1959436 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

What do we need farmers for?

They only create food. What do we need food for?

The most important thing in the world is bureaucrats. We have to get more money for bureaucrats!

I call for a Constitutional Amendment to make sure that bureaurcrats are the most powerful entity in the world.

Maybe add into the Amendment that if a bureaucrat is implicated in theft, they completely get off for the criminal activity.


I just solved the entire problem!

Thu, 12/08/2011 - 13:51 | 1959446 Use of Weapons
Use of Weapons's picture

White haired senator had ZH open on his laptop when he opened it back up...


Penalties: $140k / breach (/account? or /transmission of money out?) or x3 net gain from actions. So that's $3bil or so + litigation + restitution.

Thu, 12/08/2011 - 13:54 | 1959462 UGrev
UGrev's picture

Because you're a LIAR...ooooh.. A LIAR.. ooooh..

Thu, 12/08/2011 - 13:59 | 1959493 Lotus
Lotus's picture

how is it that all the etfs are going down wether they are long or short

Thu, 12/08/2011 - 13:59 | 1959494 Lotus
Lotus's picture

how is it that all the etfs are going down wether they are long or short

Thu, 12/08/2011 - 14:08 | 1959551 The Count
The Count's picture

because the ETF are a scam into themselves!

Thu, 12/08/2011 - 14:00 | 1959499 hangemhigh77
hangemhigh77's picture

Well holy mackeral!!  How dedicated these people are working on the weekend!!!  Corruption knows no bounds.  Any THOUGHT?  He';s asking HER if she has any thoughts?  Look at her. The only thought she has is who's cock she's gonna suck next.

Thu, 12/08/2011 - 14:02 | 1959505 hangemhigh77
hangemhigh77's picture

After you LEARB what happened?  Let me clue you in BITCH.  YOU ROBBED EVERYONE.  Are you LEARNING yet bitch??

Thu, 12/08/2011 - 14:02 | 1959510 hangemhigh77
hangemhigh77's picture

Thank you thank you thank you.  I love your shoes. I'm a lesbian  so can I get some head too?

Thu, 12/08/2011 - 14:03 | 1959513 hangemhigh77
hangemhigh77's picture

Bring on Jon Cockzine

Thu, 12/08/2011 - 14:04 | 1959520 hangemhigh77
hangemhigh77's picture

Maybe the problem is ther red flag.  Maybe they would see a blue flag.  Next time there's a red flag if someone stuffed it down their throat would that help them see it?

Thu, 12/08/2011 - 14:05 | 1959522 hangemhigh77
hangemhigh77's picture

What is on that assholes head?

Thu, 12/08/2011 - 14:05 | 1959527 hangemhigh77
hangemhigh77's picture

they could have talked to a Wal Mart greeter and gotten more info.

Thu, 12/08/2011 - 14:06 | 1959529 hangemhigh77
hangemhigh77's picture


Thu, 12/08/2011 - 14:06 | 1959531 haskelslocal
haskelslocal's picture

The devil looks nervous.

Thu, 12/08/2011 - 14:08 | 1959532 Seasmoke
Seasmoke's picture

the scumbag takes the hot seat

Thu, 12/08/2011 - 14:07 | 1959538 Use of Weapons
Use of Weapons's picture

"Now the circus begins" - male voice comment caught by mic left on as she was leaving, one presumes in anticipation of the big C taking the stand.


Corzine is on now, if you need reference: been sworn in now.

Thu, 12/08/2011 - 14:07 | 1959539 I am a Man I am...
I am a Man I am Forty's picture


Thu, 12/08/2011 - 14:07 | 1959542 Dr. Horrible
Dr. Horrible's picture

Did I just hear a off-mike comment saying "Now the Circus begins!"

Thu, 12/08/2011 - 14:08 | 1959549 Use of Weapons
Use of Weapons's picture

Yep, I caught that too.

Thu, 12/08/2011 - 14:07 | 1959544 hangemhigh77
hangemhigh77's picture

Oath?  Ahahahahahahahahahahahaha  WHAT A BUNCH OF BULLSHIT!!!!!!!!!!!!!!!!

Thu, 12/08/2011 - 14:07 | 1959546 catacl1sm
catacl1sm's picture


Thu, 12/08/2011 - 14:07 | 1959547 Oro
Oro's picture

What is with the use of "Honarable"?

Thu, 12/08/2011 - 14:08 | 1959548 AndrewJacksonsGhost
AndrewJacksonsGhost's picture


I thought I would include the Democrat symbol since it is never included in the media.

Thu, 12/08/2011 - 14:09 | 1959553 Spastica Rex
Spastica Rex's picture

Poor, sad Jon Corzine.

Thu, 12/08/2011 - 14:08 | 1959556 hangemhigh77
hangemhigh77's picture

Just SHOOT THIS ASSHOLE!!!!!!!!!!!

Thu, 12/08/2011 - 14:09 | 1959559 There is No Spoon
There is No Spoon's picture

Corzine at the table now

Thu, 12/08/2011 - 14:09 | 1959563 hangemhigh77
hangemhigh77's picture

HONORABLE!!!!!??? He's a stinking CROOK!!!!  SHOOT HIM!!!!

Thu, 12/08/2011 - 14:09 | 1959566 Rearranging Dec...
Rearranging Deckchairs's picture

Not suprisingly this doesn't seem to be being televised on CSPAN . Maybe its on CSPAN2 or something. And no mainstream media seems to be covering this live. What a farce this so called democracy has turned into.

Thu, 12/08/2011 - 14:09 | 1959567 Spastica Rex
Spastica Rex's picture

Here it comes!

Thu, 12/08/2011 - 14:10 | 1959571 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

So he is preconditioning that he knows NOTHING!

He is going to use the ol Seargent Schultz defense.


Thu, 12/08/2011 - 14:10 | 1959573 hangemhigh77
hangemhigh77's picture

OK well shit he apologized. Isn't that enuf.  he looks really really sorry and he's sad.  Enuf punishment.

Thu, 12/08/2011 - 14:10 | 1959575 indio007
indio007's picture

I've never seen a name card hat said "honorable" on a non current government official. I've also never seen a name card so large.


Who the hell does he think he's fooling???? That subliminal shit don't work on us no more.

Thu, 12/08/2011 - 14:10 | 1959578 Collapse is imminent
Collapse is imminent's picture

In China they execute people like Jon Corzine.

Thu, 12/08/2011 - 14:16 | 1959605 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

in amerika, they give people like don corzini money


in amerika, thats how you make powerful friends, through bribery, theft, and other forms of curruption


birds of a feather flock together

Thu, 12/08/2011 - 14:11 | 1959579 Conax
Conax's picture

He apologized. All better now. And he doesn't haz any documents because he doesn't work there anymore.

We got our apology, let us forgive him.

Or not.

Thu, 12/08/2011 - 14:11 | 1959582 hangemhigh77
hangemhigh77's picture

He just peed in his pants.  Let him go he's really sorry and he loves everyone.

Thu, 12/08/2011 - 14:11 | 1959584 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

Hmmmmm, so his entire statement was created by his attorneys. Pretty smart. Let the lawyers lie for him.

Thu, 12/08/2011 - 14:11 | 1959585 bigdumbnugly
bigdumbnugly's picture

if a piece of shit could talk it would look very much like this...

Look!   it's the talking turd!

Thu, 12/08/2011 - 14:12 | 1959586 SheepleLOVEched...
SheepleLOVEcheddarbaybiscuits's picture

i wish the street gangs of america would unite and rid the earth of all this scum........(with extreme prejudice)

Thu, 12/08/2011 - 14:13 | 1959592 Use of Weapons
Use of Weapons's picture

....and it is all Europe's fault.


The top of his head is so shiny I can see the painting / ceiling reflected in it.

Thu, 12/08/2011 - 14:13 | 1959596 Spastica Rex
Spastica Rex's picture

Did he just say "traitors?!"

Thu, 12/08/2011 - 14:13 | 1959599 Oro
Oro's picture

Will he take the fith?  I say he will.

Thu, 12/08/2011 - 14:13 | 1959603 hangemhigh77
hangemhigh77's picture

Wow, Jon Cockzine actually saved everyone and did a great job!!  OK let him go it's not his fault. I bet it's that bitch Sommers that did it.  Now he's gonna throw the board members under the bus with him, as they should be.  But hey they're all really nice and we shud feel sorry for them.

Thu, 12/08/2011 - 14:14 | 1959608 hangemhigh77
hangemhigh77's picture

He says he didn't do it, that's good enuf for me.  I think the congress should apologize to Mr. Cockzine

Thu, 12/08/2011 - 14:15 | 1959611 catacl1sm
catacl1sm's picture

it's the rating agency's fault

Thu, 12/08/2011 - 14:15 | 1959612 hangemhigh77
hangemhigh77's picture

Jon says it's not fair the rating agencies are the ones who did it.

Thu, 12/08/2011 - 14:16 | 1959614 banksterhater
banksterhater's picture

he's a liar about no special treatment Gensler WAIVED HIM TAKING THE EXAM FOR CFTC futures trading, he was out 11 yrs, limit is 2.

Thu, 12/08/2011 - 14:17 | 1959615 banksterhater
banksterhater's picture


Thu, 12/08/2011 - 14:16 | 1959619 Pontificating B...
Pontificating Buffoon's picture

Corzine is shorthand for Lying Fucking Asshole.

Thu, 12/08/2011 - 14:16 | 1959625 Conax
Conax's picture

"I was stunned when MFG couldn't account for the missing funds.."

Get the taser, show him what stunned means..

Thu, 12/08/2011 - 14:17 | 1959627 wretch
wretch's picture

"I simply don't know where the money is."

That's why they pay this guy the big bucks.  He didn't even laugh.

Thu, 12/08/2011 - 14:18 | 1959638 Spastica Rex
Spastica Rex's picture

It's just money.

Thu, 12/08/2011 - 14:18 | 1959628 Use of Weapons
Use of Weapons's picture

"I simply do not know where the money is". [followed by "the minions did it"]

And there's your headline.


"I do not know if banks & counter parties have held onto funds" [hello JP!]


Thu, 12/08/2011 - 14:18 | 1959634 Negro Primero
Negro Primero's picture

"the honorable"......'i was stunned' oops...

Thu, 12/08/2011 - 14:18 | 1959639 Oro
Oro's picture

He does not know.  Why?   A know nothing CEO.  What bullshit!  Now a governor, no longer honarable.  I was wrong!

Thu, 12/08/2011 - 14:19 | 1959642 TuesdayBen
TuesdayBen's picture

Where oh where is that mob of wild-ass Libyan thugs when you need 'em?

Thu, 12/08/2011 - 14:20 | 1959651 banksterhater
banksterhater's picture




Thu, 12/08/2011 - 14:20 | 1959652 Steph4Liberty
Steph4Liberty's picture

Anyone else find it alarmingly ironic that the sign in front of him says "The Honorable Jon Corzine"? (Underlining mine)

Thu, 12/08/2011 - 14:20 | 1959654 Conax
Conax's picture

Vapor lock you cocksucker.

Thu, 12/08/2011 - 14:20 | 1959655 AndrewJacksonsGhost
AndrewJacksonsGhost's picture

YES OR NO! Jesus, when do these politicians realize that there is not a word in between Yes or No?

Thu, 12/08/2011 - 14:21 | 1959656 catacl1sm
catacl1sm's picture

He quite on purpose so that he could take this stance. bastard.

Thu, 12/08/2011 - 14:21 | 1959659 stoverny
stoverny's picture

"last chaotic days" = we were looting so fast we don't even know who we stole from

Thu, 12/08/2011 - 14:21 | 1959660 djsmps
djsmps's picture

the HONORABLE Jon Corzine?

Thu, 12/08/2011 - 14:21 | 1959661 Spastica Rex
Spastica Rex's picture

I know farmers and ranchers. I know some who don't farm or ranch at all.

A farmer joke:

Q: What do all succesful farmers farm?

A: The government.

Thu, 12/08/2011 - 14:21 | 1959662 Cone of Uncertainty
Cone of Uncertainty's picture

Upvote if you think this guy is a lying sack of dog shit.

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