Game Over voor Corzine?

[Karel Martel B]

http://www.bloomberg.com/news/2012-0...memo-says.html

Jon S. Corzine, MF Global Holding Ltd. (MFGLQ)’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in one of the brokerage’s JPMorgan Chase & Co. (JPM) accounts in London, according to an e-mail sent by a firm executive.

Edith O’Brien, a treasurer for the firm, said in an e-mail sent the afternoon of Oct. 28, three days before the company collapsed, that the transfer of the funds was “Per JC’s direct instructions,” according to a copy of a memo drafted by congressional investigators and obtained by Bloomberg News.

[zonbron]

Laat ons hopen dat het spel over is voor Mr. Jon Stevens Corzine & The White Shoe Boys.

(* Jon Stevens Corzine (born January 1, 1947) is the former CEO of Goldman Sachs and of MF Global, and a former American politician Wikipedia.)

Het aanslepend schandaal zou serieuze proporties kunnen aannemen, Watergate-stijl, indien men tot op het bot doorzet.

Of hij uiteindelijk werkelijk gaat aangepakt worden, er nog meer koppen rollen en de 'Muppets' ooit hun geld/goud nog terug zien ? Eerst zien, dan geloven.

Corzine is Going to be the Best Show Since Watergate

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The Corzine ties into the labyrinth of the Obama Administration are dark and deep. It is a virtual 6 degrees of Kevin Bacon sistema (the word used for this form of government in Brazil) and in every sense of the word a criminal enterprise. Here are various clips of Obama and Biden heaping praise on Jon Corzine.

This is what Obama says about Jon Corzine. I can see why Obama likes him so much. They both have the same moral compass.

“Like many of us in public life today, Jon is a leader who’s been called to govern in some extraordinary times. He’s been tested by the worst recession in half a century — a recession that was caused by years of recklessness and irresponsibility and a do-nothing attitude. It was caused by the same small thinking that has plagued our politics for decades — the kind of thinking that says we can afford to just tinker around with our problems, we can put off the tough decisions, defer the big challenges. We can just tell people what they want to hear instead of what they need to hear. Well that’s not the kind of leader that Jon Corzine is.”– Barack Obama, July 2009

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-and “John Corzine is the smartest man in the room”….Joe Biden

It is hard for me to imagine that Obama can shuck and jive this one. Is he really going to revert to his shameful 60 minutes interview where he makes excuses for criminal conduct on Wall Street and twists the logic around to make himself look righteous. I have to think he may just turn the dogs loose on Corzine, but where does that lead? Corzine was more than a fund bundler, crony, and influence peddler. He was instrumental in stacking the Obama administration with his associates. What happens with CFTC apparatchik and former Corzine employee at Goldman Sachs, Gary Gensler for example? CFTC was charged with regulating MF Global. What about Eric “Empty Suit” Holder, Obama’s attorney general, who never met a Wall Street crime he didn’t like? And what about JP Morgan’s role in this? This should and might be the biggest story since Watergate. My favorite from the wag comment gallery: “Can we possibly take down Corzine, JP Morgan, and Obama all in one fell swoop? No way my life gets that good!!! No way.”

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The winning team