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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/
Response by marco_m
over 14 years ago
Posts: 2481
Member since: Dec 2008

hes most likely going to jail

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Response by printer
over 14 years ago
Posts: 1219
Member since: Jan 2008

he'd never go to jail. He's already bought & paid for Obama.

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

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.

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Response by Socialist
over 14 years ago
Posts: 2261
Member since: Feb 2010

If Raja Gupta was white, would he go to jail? Uh-oh, did I Just say that out loud?

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Response by Brooks2
over 14 years ago
Posts: 2970
Member since: Aug 2011

conspiracy theorist would say that the socialist administration was behind it to further enforce Wall Street reforms

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

Actually the standard is insider trading is gone after more than other types of white collar crime.

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Response by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009

Now if Raj Gupta was involved in some vague fraud. He'd be off scott free.

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Response by notadmin
over 14 years ago
Posts: 3835
Member since: Jul 2008

> 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!

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Response by huntersburg
over 14 years ago
Posts: 11329
Member since: Nov 2010

Socialist, who did you vote for in the NJ gubernatorial election?

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