This page has been archived and commenting is disabled.
Watch Corzine's MF Global Testimony Live
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:
»
- 43188 reads
- Printer-friendly version
- Send to friend
- advertisements -
He's not lying, because he's not answering the questions, but he's as guilty as hell.
Nope, he says he doesn't know where the money is.
Lying fuck.
The cops are waiting outside to be ready to open his limo door. i hope he sits in the back and they drive 150mph
Look everyone, you just have understand, he doesn't have all of the information, if he did he would be able to clear all of this up, he just doesn't have the information.
Bud Fox knew more about Blue Star
add /s
"I dont know"
Direct questions are new for him.
I never INTENDED. So he is using legalese.
This is beginning to sound like another testimonial. Depends on what is, is.
Zactly. He simply doesn't know where the money is...NOW. It's been six weeks...
There's an interesting phrase
"I never intended to break any rules" followed by "I have never intended to..." ... so he was forced to? It happened by accident? he didn't know the rules he broke?
He's saying he broke the rules, without having to say so.
Excellent.
Notice that the response he gave had absolutley nothing to do with the question.
And that the chair didn't bother to point that out. Its like asking where is the money?
Answer: I like my cat.
Chair: Thank you, let's move on.
http://www.youtube.com/watch?v=XeCpLcjxOq4&sns=fb must watch
Wow Jon Cockzine is innocent. he had no idea what was going on. He looks really sad. Sommers should blow him.
Corzine fires the risk manager because he didn't go long with the bullshit.
This is clearly scripted. There is absolutley no doubt that the Chair is reading questions supplied to him by Corzines lawyer. No doubt about it. Even the cut to and from of the camera work has been carefully coordinated.
I want a CEO position where I can effectively know nothing about anything and profit from it.
Are there any "men" anymore? Seriously, someone with balls and a spine?
Yes but very few in elected office.
Just ask him if he's innocent, then we'll know. He would never lie under oathe. Ahahahahahahahahahahahahahahahaha
As I said in my earlier testimony, I like my cat.
We needed a chief risk officer that was more fully atuned to the fraud we were engaged in.
Being a sack of shit Democrat, I thought using OPM, it would be like working in government.
OPM, does not matter, If I Jon Corzine bets OPM and win, I win, If I bet OPM and lose, I win.
What else do you need to know?
ANOTHER time I make a statement, a LOSER does not have the balls to actually make a statement.
Typical leftist fear click.
I bet Corzine deliberately bought a cheap suit 2 sizes too big for this testimony....
Glad I'm not the only one who noticed that... his tie knot is also too small.
Mike Rosemen, chief risk officer, may know something. The Rosemen card is being played. Now using "Mr"., these idiots. Let's hear form Rosemen.
wow ! this is great and this is only the first set of questions........looks like some insiders gave up the dirt of corzine
In other news, Gerald Celente was seen looting a sporting goods store a half-mile from Capitol Hill..
Chairman: "Did you steal a billion dollars from your customers?"
Corzine: "I didn't intend to break any rules!"
Chairman: "Good enough, next question!"
Complete farce. What a load of horseshit.
HAHAHAHA They looked at the ratings?? He should have said Tea Leaves
did the chairman scratch his face when he was pulling his head out of his ass? I hope he's on antibiotics.
Hahaha, we looked at the ratings he says!!!!!!
BWaahhhhhaahhaah, what a fucking turd.
Get that honorable off the screen. Makes me sick.
Wow, he is about to cry! Um, um, um around the globe.
No, I NEVER bet that the US would bail out the Greece and Italian debt crisis!
I was not informed that the US would be held up and that is the reason I got screwed.
My insider information was not good enough!
Wow, so someone gives me a downgrade on my comment, but lack the balls to give a comment! Uh, eh, eh, erm, pussy!
Corzine went trick or treating that night.
Honorable? Kill this motherfucker
Notice he didn't deny authorizing the use of client funds.
Never answered the question at all. So I would assume he did.
Please at LEAST punch him in the mouth.
Both the Commodity Futures Trading Commission and the Chicago Mercantile Exchange were charged with overseeing MF Global, their clearing member. If we are to believe them, they had no idea of any difficulties within the firm before customer accounts went missing just a few days before the collapse. But someone clearly knew of the cratering positions and imminent collapse of MF Global, as billions of dollars of accounts were "coincidentally" withdrawn. And what do the Koch brothers say was the reason for these withdrawals? There's been no comment.
http://www.huffingtonpost.com/daniel-dicker/the-koch-brothers-and-mf-_b_1089906.html
"...that I can recall"
"to my recollection..."
And the clincher: He can't check the records to answer some questions because he resigned and no longer has access.
Scumbag. No need to qualify your answer if you are telling the truth.
Corzine tells the truth
Is Corzine stoned?
Next year assholes like this and his cronies across the isle are going to be swinging from trees and light poles like pretty little X-Mas decorations.
Ahh Sarbanes, CEO's is responsible. Watch this dance; no reporting of significant issues which could adversely impact the firm. The books reflected the crime!
Man, he looks nervous. Nice shiny bald pate as well, sweat much? He looks really distracted, more than Ben Shalom even does in his appearances.
Reflecting the chaos of the fraud that was unraveling before our eyes.
i think i like bernanke's beard more
Reflecting the chaos of the fraud that was unraveling before our eyes.
opine in retrospect, wow!
Well, I believe him. Good enuf for me. Jon says he didn't do it.
Finally one of the Money Molesters is in the hot seat, implicating himself, and setting himself up for prison. The prosecution is taking serious notes right now, because this case is being handed to them on a silver platter.
in Corzine's voice, he's scared. The cheerleader Jim Cramer says Corzine has got a patsi all setup for the fall on this one. That patsy better be calling the FBI right now and start rolling over, or he's cooked. A classic nash equilibrium game, or 2 prisoner setup.
Better be the first one inline at the FBI, Money Molesters.
Talk about Chutzpah!
"I resigned, turned in my badge and RAN", so I can't explain because I didn't have access to records..."
HAHAHAHA
Haul this guy away in handcuffs.
This is painful to watch honestly, knowing that this guy was in charge, yet basically at best didnt do anything but buy a lot of junk sov bonds.
He didn't know what the hell was going on in the firm and one guy who opposed his crap, well, he had him fired. Great.
WTF? Did the Senator just say that he should call him God?
lol...he said "Jon" not "God." But it's still funny.
I heard God, but don't have a pvr.
I heard that he said God. He didn't want to refer to him as convict or criminal, so God would do until the trial.
Oh... "Why did MF Global report it was not involved with foreign swaps in a FINRA report"... Answer: "Possibly, maybe, don't know without records is they might have been in a subsidary not covered by FINRA".
Note: he' pulling a semi "Mr Magoo" Murdoch act of 'nice old guy cluelessness'. Not with so much panache though.
And... like the money, feed gone. Universal?
A drink for every lie he utters? WTF man...Charles Bukowski couldn't drink that much!
I'm all for a good mid day hammering...but come on...that's suicidal.
Poof !
Stream's gone. It's all gone. POOF!
It just froze up and won't play?
Anyone else?
Must have been a good question.
yep, must be askin some tough questions
Same here.
Anybody else with a cut stream?
Yep feed stuck.
Too ugly!
Corzine is shitting himself right in that chair.
Anybody else have problems with the video feed? Are the questions getting too "tough"? Need to take a break before they go conveniently vote?
The Bureau of Propaganda has not approved this stream for general audience.
I've lost the C-SPAN feed. Anyone else?
Jon is trying so hard to be a good boy let's all feel sorry for him. Ok enuf feeling sorry, now shoot him.
Feed is down here also and they are not carrying it on the CSPAN TV channels...
TADA!
Recess, so John can go change his fucking diaper.
yup video gone. What a coinicidence, Whodda thunk it??
Just like the CFTC hearings in the spring on silver manipulation
The Hoi Poloi Sheeples won't even fall for this hackneyed line,"I have no idea where my company's Billions went."
He at least should have said,"I made a mistake."
All in all, I guess to these crooks, one lie is as gfood as another. I suspect he has his Hide-A-Way already bought...not far from Mozillo's Mansion.
"Adobe flash plugin has crashed" - plugin-container.exe got nuked.
Also spiked HD readings.
Interesting ~ just don't be on anything where you value the HD contents. Hmm. Repeatable on a disconnect / hard dump of flash & reload. Someone doesn't want a running commentary, I suppose.
Did they blow up the buliding .......what happened to the feed
Update: Corzine speaking ...classified.
Oooops, they must be going over the connection between Corzine and the Democrat cabal.
Line feed will be hooked up again when the current criminal syndicate known as the Democrat party is no longer mentioned.
PLEASE STAND BY!
The CSPAN broadcast stopped, anyone else seeing this? Server crash?
well none of this is important anyway, I'm changing the channel to some cartoons.
Reruns of dancing with the stars start when? Let me get my HungryJack dinner ready...
Rat must have chewed through the power cord in there. Heavens knows there are enough of them in the room.
bwaaaahahaha good one
watch 3 hours of nonsense wid dat bitch sommers plus break and now c-span goes out , not fucking buying it
The radio feed is still working:
http://den-a.plr.liquidcompass.net/player/flash/audio_player.php?id=WCSPFM&uid=346
+1
Thanks
it's delayed about a half hour,coming to the point where the video feed stpped.
The radio feed is still working:
http://den-a.plr.liquidcompass.net/player/flash/audio_player.php?id=WCSPFM&uid=346
They're all dancing naked with each other and partying like crazy right now.
Morgue attendants tell jokes about the corpses they are working on...
Doctors tell jokes about their patients while surgerizing them...
Lawyers tell jokes about their clients on death row...
These folks are probably telling client jokes while the cablke is cut.
CNBC isnt ignoring this event, to my surprise
Almost as bad as Bush at that debate where he just stood there silent and dumbfounded.
The one where his wireless earpiece crapped out and he couldn't hear rover?
I assume that as the world goes to shit, loss of video will be a regular occurence. They never seem to have video for the stuff you really want to see. Video relating to commodities for example. Second time this year I believe.
It's as if it's the first time they have to deal with unexpected overcapacity.
thats his ugly pig of a wife over his shoulder
+1. We beat them with mockery
blablablabla...... http://www.rentadrone.tv/cnbc-live-stream/
It's funny that is went down during his testimony. I am sure they will blame it on the heavy unexpected traffic weighing down the servers.
THIS GUY WAS A SENATOR/GOVERNOR/CEO/POWER BROKER AND IS ABOUT AS ARTICULATE AS THE DRIED EJACULATE OF SPERM WITH NO MOTILITY. WE ARE FUCKED. WHO WOULD TRUST THIS DIPSHIT WITH ANY REAL RESPONSIBILITY? EVERYTHING YOU WERE TAUGHT WAS BASICALLY A LIE.
I'm listening and getting the impression that he didn't even work for MF Global.
Once you're a 'made man' for the Squid, it's a lifetime commitment.
Go to the Ag committee webpage and get in that way. In recess for votes right now.
http://agriculture.house.gov/singlepages.aspx?NewsID=70&LSBID=71|72|73
Fixed link
Watch you'll notice he's shaking but he's trying hard to appear calm and cool, a non sociopath would be outwardly sorry NOT trying to appear cool.
where are you watching that?
CNBC was carrying corzine's testimony live. Sorry I see above the feed went down, if it does again try CNBC they're playing it live. Recess now at 2:00 pm EST
thanks!
Q: Jon Corzine, who did you report to while working at MFG?
this guy is dicless
Goldman Sachs, a tool of the devil's deception.
http://www.youtube.com/watch?v=waIuhfoTMv8
some entertainment while they take a break
apparently there are much better ways to defy gravity other than
what the Bernanke is...
Thank you for the remedy to ingesting too much bullshit at today's hearing.
Gee no video, just a coincidence I suppose. KILL COCKZINE
recess now, CNBC is being useful for once and playing corzine live check there if the feed still down. 2:00 pm est and its still recess
and back up now that he is done...what BS
Wordcloud?
The feed come magically back as soon as Corzine is done??!!! What a bunch of putrid scumbags.
Yep, now it's just an empty room with some porn-surfing aids.
"drink a shot for every lie Corzine utters"
TD tryin to kill us today?
Do you know where your Broker is tonight?
A rat jumped out of corzines pocket and chewed thru the cord
Someone should kidnap him and waterboard him. Show it on youtube implicating everyone involved. They can't deny the information if it's obtained through these measures right?! ;)
MoFo Haiku
Where is the money
Corzine does not know a thing
Celente will be pissed
Hey John, this is Bubba, you bringing the KY or am I?
Bubba don't want no lube
Did the C-Span radio stop right where the video stream stopped earlier, to the exception of the "My time is up" comment by the Rep at the end of Corzine answer?
Damnitt zerohgede i hate tghis drimking game. i csnt feel my face!!Q@
i'd be shitfaced by now if i followed TD's advice.
Still, it's a good deal. MFG customers played and they can't feel their rectum now. Pass the scotch.
deja vu watching this putz.
or was it mozillo, thain, lewis, fuld etc?
$IMF Don" #Corzine getting his pinky ring kissed in the bathroom by the "imbeciles" is so Gangsta!.. " Head squid gangsta fa sure!. $GS 4eva! bitches!
The questions asked by the paparazzi (I mean, prosecutors, no politicians) are the most telling.
If they don't ask the right questions, they know what the answers are.
Corzine was an enlisted person in the Marine Corps Reserve and got to the rank of Sergeant.
To all the honorable Marines I say Semper Fi.
He should be court marshalled then. This guy is Madoff times 10. Sorry you served in the same armed service with this vermon. BTW ... Thanks for your service to this country.
time to start following these pricks home and lynching them. Fuck their version of the "truth"
I like listening to the backround chatter of the congressional aides. One of them said, "So this is how this is all going to play out".
nooooo,,,,,,much worse than Corzine, listen:
http://den-a.plr.liquidcompass.net/player/flash/audio_player.php?id=WCSP...
Harry Reid sounds more faggy than he looks when I hear him on the radio. No, on second thought about the same
Just run the printing press and bail out the holders and lets move on... this is America, we don't need to learn from our mistakes.
"this is all going to play out"
According to the dog and pony show script. After the trial plays out Corzine is throwing a party for all the cast members. Of course Eric Holder is invited. Most people don't realize we live in a Banana Republic.
A 'shooter' has emerged at good ol' Va. Tech again. Killed either one or two people, no one in custody.
So now we know what will be all over the tv tonight. White guy (of course) with a hoodie and a backpack.
Kinda like Osama's questionable demise during the Mayday drive-by.
The show resumes and the C-SPAN feed is back up.