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One Blogger asks

 " Question du jour: why is Jon Corzine still at large? In what fabulous Manhattan restaurants has he been enjoying plates of cockscombs and lobster with sauce hydromel and cinghiale ai frutti di bosco, while less well-connected citizens of this degenerate republic have to order their suppers from the dumpster in the WalMart parking lot where they have been living lately.

     Is there still an Attorney General in this country? Will somebody please follow Eric Holder down a hallway and see if he leaves a trail of sawdust on the floor. Or did congress just retract all the fraud statutes by stealth in the same way that the Federal Reserve handed out $7.7 trillion in bailouts back in 2008 (much more than the generally accepted figure of the $800 billion TARP) without anyone finding out until three years later when some Bloomberg reporters rooted the numbers out of a Freedom of Information Act (FOIA) filing. And by the way, what is the US Federal Reserve doing handing out billions of dollars to the Royal Bank of Scotland? Was Scotland admitted to the Union by stealth, too? Or did Jamie Dimon just buy it as a birthday present for Barack Obama, who likes golf.
     This is what life in the USA is like nowadays: **bleep** happens and **bleep** un-happens, and you find out about it years later. Only a desperate and hopelessly degenerate nation would choose to live this way, in a law-optional society, in which money means everything, and yet nobody even knows what money is (or where it goes, and what it does when it goes there.)
     Jon Corzine has not revealed the destination of the loot (somewhere between $600 million and $2.5 billion, estimated) that vanished from the "segregated" accounts of his many clients at MF Global. The rumor is that it went to cover a rude margin call from Jamie Dimon's bank, JP Morgan, after JC took some unfortunate positions in European sovereign bonds in a bad month. Beyond the question of why Mr. Corzine is not in jail (as a flight risk, just like DSK) is how come the Department of Justice has not so much as issued a statement saying that they were looking into the matter, so as to reassure both the victims and the financial markets that this is not a culture that just makes **bleep** up as it goes along - i.e. that we have predictable rules and formal procedures for doing stuff."
15 Replies
Papa Wheelie
Senior Contributor

Many citizens ask

The Attorney General of Massachusetts got tired of waiting and filed her own suit.


Eliot Spitzer lays out the crimes and high misdemeanors in this article.


I wonder why not one person has been arrested or charged with the crimes committed by both business & the government. I don't care which party they support, they need to face the music.


Corzine and all the others need to face the music. Especially those in the administration who opened the door for the crooks to walk away without even investigating the crimes.



BA Deere
Honored Advisor

Re: One Blogger asks

That is a good question, why Corzine is still at large..friends in high places.  Gerald Celente tells the common demominator in this MF Global debacle is Gold-Sux employees.  He said, that he was suposed to take delivery of $1400 gold, a judge rewrote it to market value of over $1700 and boy is Celente pissed, as he should be.

Re: One Blogger asks

Any reason for not pasting the whole thing or posting a link to it all? Or at least giving attribution?







Senior Advisor

Re: One Blogger asks

Does that make a difference?

Re: One Blogger asks

Ah, it was just some nearly anonymous Blogger, they're like stars in the milky way. Yank!

a cattle jockey on mf global and the merc

.Andagain, this guy Corzine is former head of Goldman. He is not stupid. Youhave tostopthinking that these people are just misguided or that there is some sort of a difference of opinion on economic theory. These people are nefariously trying to destroy everything in this country. It's called the Cloward-Piven strategy. Go in and destroy and collapse the entire economy, everything and then rebuild a new Marxist, Socialist, fascist state out of the burning rubble of this destruction. This is intentional. This is nefarious.This is not a function of incompetence.It's a function of malice of forethought and conscientious theft and destruction.

does this, would this surprise anyone? Claim: Clinton Collected $50K Per Month From MF Global
Senior Advisor

Re: does this, would this surprise anyone?

Some how I doubt the bankruptcy court will claw any of that back.