Arrest Jon Corzine
Started by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010
Discussion about
When will Corzine go to jail? "The investigation into hundreds of millions of dollars in missing money at MF Global has widened, as the CME Group confirmed on Tuesday that the brokerage firm failed to keep customer money separate from company money. The serious blunder by MF Global, a commodities powerhouse run by Jon S. Corzine, the former New Jersey governor, violated crucial Wall Street regulations, CME’s chief executive said." http://dealbook.nytimes.com/2011/11/01/cme-investigating-mf-global/
hes most likely going to jail
he'd never go to jail. He's already bought & paid for Obama.
Goldman guys never go to jail(we'll ignore Raja Gupta)
But seriously. They need to research how the customer money got lost before they can decide what to do next
They'll also need to decide if this is civil or criminal issue.
If Raja Gupta was white, would he go to jail? Uh-oh, did I Just say that out loud?
conspiracy theorist would say that the socialist administration was behind it to further enforce Wall Street reforms
Actually the standard is insider trading is gone after more than other types of white collar crime.
Now if Raj Gupta was involved in some vague fraud. He'd be off scott free.
> the brokerage firm failed to keep customer money separate from company money.
The revelation that money was missing dashed plans to sell a major part of MF Global to a rival brokerage firm, the Interactive Brokers Group. After Interactive Brokers discovered the missing money, the deal collapsed in the middle of the night on Monday, forcing MF Global to file for bankruptcy.
good for Interactive Brokers!
Socialist, who did you vote for in the NJ gubernatorial election?