Corzine to be held accountble?

[Bonzo]

I so hope this happens.

http://www.zerohedge.com/news/mf-gl...laims-against-jon-corzine-could-sue-jp-morgan

 

[pmbug]

I'll believe it when it happens.

 

[mike]

Sorry, nothing will happen.

 

[ancona]

He would already have been indicted. He is too connected to go to jail.

 

[DCFusor]

Too bad we can't let the punishment fit the crime. Lessee, a bunch of the people ripped off were farmers. So how about we make him do by hand some farmwork normally done by tractors. So if he ripped off a farmer for say $1000 - he can do for that farmer what a tractor could do with $1k operating expense, then move to the next farm...should keep him busy for more than a lifetime.

The world needs Gilbert and Sullivan again...

 

[BigJim]

Do we have a Pigs Flying icon????


GOD BLESS OUR TROOPS!!!

 

[DCFusor]

No, but I can donate this one:

 

[DoChenRollingBearing]

Yes to all replies. Corzine will walk. Not even get indicted. And if he is indicted, Obama lets him walk via Presidential Pardon. On his way out the door.

 

[pmbug]

Decisions made by the former head of bankrupt MF Global sealed the firm’s fate and led to the investment firm’s collapse and over $1 billion in missing customer funds, according to details released Wednesday from a report and investigation conducted by a House Financial Services Committee panel.

According to the panel’s preliminary report, the firm’s former CEO, Jon Corzine, a former co-chairman of Goldman Sachs who later became a senator and governor of New Jersey, created an authoritarian atmosphere. In addition, the report said that Corzine insulated the firm’s trading activities from the company’s normal risk management review process.
...

http://www.marketwatch.com/story/corzine-caused-mf-global-failure-house-panel-says-2012-11-14

 

[ancona]

If it smells like fraud, and if it looks like fraud then.........oh, never mind.

 

[swissaustrian]

According to the panel’s preliminary report ... [Corzine] created an authoritarian atmosphere

Who's surprised about a former Governor and CEO of Goldman Sachs doing that.