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Corzine?

Texan

Well-known member
No charges.

Is this cronyism?

Or just a coffee break?

Where's the outrage from you Obama supporters?

You do realize that your silence makes you look like hypocrites, don't you?
 

Texan

Well-known member
Well...as long as he's got a good line of BS and gives a purty speech, there's not much doubt that OT is gullible enough to fall for it.
 

Steve

Well-known member
List of wall street fat cats that went to jail ...

1.

list of wall street bankers who went to jail..

1.



ok the list is growing.. soon it will be up to at least one.. or after the election Obama will just run them out of town.. ...
 

Mike

Well-known member
He was a bundler for Buckwheat wasn't he? :lol:

We have all been able to watch the most upfront thievery in history. They don't even try to hide it. AMAZING!!!!!!!!!!!!!!!!!!!!!

Anyway, Corzine only stole those $Billions$ from a bunch of farmers & ranchers trying to hedge their crops. Who cares? :???:
 

Steve

Well-known member
what good are a stack of regulations if they do not solve the problem?

No Criminal Case Is Likely in Loss at MF Global

A criminal investigation into the collapse of the brokerage firm MF Global and the disappearance of about $1 billion in customer money is now heading into its final stage without charges expected against any top executives.

In the most telling indication yet that the MF Global investigation is winding down, federal authorities are seeking to interview the former chief of the firm, Jon S. Corzine, Those developments indicate that federal prosecutors do not expect to file criminal charges against the former New Jersey governor.

While the government’s findings would remove the darkest cloud looming over Mr. Corzine — the threat of criminal charges — the former Goldman Sachs chief is not yet in the clear. A bankruptcy trustee on Wednesday joined customers’ lawsuits against Mr. Corzine, and regulators are still considering civil enforcement actions, which could cost him millions of dollars or ban him from working on Wall Street.

Mr. Corzine, in a bid to rebuild his image and engage his passion for trading, is weighing whether to start a hedge fund, according to people with knowledge of his plans. He is currently trading with his family’s wealth.


As the firm’s leader, Mr. Corzine was upbeat about its future, writing an e-mail to employees in January 2011:

“Let’s be an example of how to do it right and play a leadership role in restoring confidence in our industry.”


.
 

redrobin

Well-known member
I'm glad I'm not a fat drunk democrat when I read things like the corzine debacle and the fast and furious scandal..and other things.
 

Tam

Well-known member
Remember these

http://www.youtube.com/watch?v=nq698xQTBns

http://www.youtube.com/watch?v=SYPnHhKC84M

Any wonder why Holder never pressed charges? :roll:
 

Steve

Well-known member
Farmer faces planting season with seeds of distrust (Corzine swindled seed money)

Tofteland held the farm together after his father was killed, survived drought and the great flood of 1993. Then, commodity prices sank in the mid-1990s. And like most farmers, he has seen too many friends die young.

Such are the hazards of life on a farm.

But all that Tofteland has worked for was nearly lost in one fell swoop last October. This time, it wasn't a crisis brought on by tragedy or Mother Nature. It was the work of Wall Street and commodity power players in Chicago, a scandal that has become known simply as MF Global.

Tofteland had $253,000 in an account with the brokerage firm, money he planned to use to cover his farm's operating loan. As MF Global went bankrupt last fall, customers' segregated accounts were raided in clear violation of exchange rules. When the dust settled, more than 38,000 MF Global customers -- including thousands of farmers, ranchers and grain operators who used the firm to hold money for transactions on the futures market -- were out more than $1.2 billion.

...His seed bill last year was $230,000; fertilizer cost $150,000. In addition to his own land, he farms acreage he rents at a cost of $450,000. He has another $1 million tied up in equipment, plus four full-time employees. "We're talking big numbers, and you're taking all these risks," he says. "And you can get hailed out, droughted out, flooded out at any time."

That's why the MF Global scandal hurt so much: a financial tsunami that nearly wiped everything away

Yet somehow, he ponders, authorities haven't fully tracked the missing $1.2 billion, or who was behind it. "It's either ignorance or fraud," he says. "Money doesn't vaporize. If my account is empty, somebody else's is full.

money probably will end up in Obama's campaign fund..

Lax Treasury Practices Aided MF Global Fall, Experts Say

Federal officials are investigating how a series of money transfers among MF Global's different bank accounts at JP Morgan & Co. and between subsidiaries of MF Global's holding company may have caused the "loss" of customer funds. The theory is that someone at the firm overrode internal controls that safeguarded customer funds and transferred money that was designated as belonging to customers — with a few of those transactions exceeding $100 million.

Despite the chaos, though, multimillion-dollar transfers of money would have had to have been approved by a top executive, says Lynn. In other words, MF Global assistant treasurer Edith P. O'Brien, who declined to answer questions from Congress, must have gotten an OK from one of the company's finance chiefs, the head of treasury, or the chief executive to execute the large transactions that are suspected of being connected with customer funds, says Lynn.
 

TexasBred

Well-known member
Steve said:
List of wall street fat cats that went to jail ...

1.

list of wall street bankers who went to jail..

1.



ok the list is growing.. soon it will be up to at least one.. or after the election Obama will just run them out of town.. ...

THIS DOJ has not even prosecuted ONE Wallstreet fat cat....Seems even Clinton DOJ even sent over 1000 to jail. But NO...we don't touch Wallstreet....this DOJ sent out punks to camp out and protest.
 

Steve

Well-known member
TexasBred said:
Steve said:
List of wall street fat cats that went to jail ...

1.

list of wall street bankers who went to jail..

1.



ok the list is growing.. soon it will be up to at least one.. or after the election Obama will just run them out of town.. ...

THIS DOJ has not even prosecuted ONE Wallstreet fat cat....Seems even Clinton DOJ even sent over 1000 to jail. But NO...we don't touch Wallstreet....this DOJ sent out punks to camp out and protest.

as OT would say.. isn't it comical... after 3 1/2 years nothing has changed..

yep sure is ironic.. not quite the hope the liberals promised..

ironically working class Americans are still getting ripped off and the Obama administration just reaches out for another donation.. comical no,... downright criminal yes...
 
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