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Jon Corzine forgot the lessons of liquidity and risk, and the perils of short-term funding and...
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Wednesday, November 2, 2011, 6:15 PM ETJon Corzine forgot the lessons of liquidity and risk, and the perils of short-term funding and leverage. Now after the collapse of MF Global, and the discovery that hundreds of millions of dollars were missing from its customer accounts, Corzine's legacy and reputation are in tatters - and he could even face a trip to the slammer.
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This news story has 18 comments:
Those people obviously GAVE him their money, and the government and OBAMA are just INFRINGING on his RIGHTS to do WHATEVER HE WANTS!!!1!
These lame attempts at "prosecution" and "justice" are just a plot by the left to get everyone on food stamps!!!1!!!!!2!!
God bless the Virtuoso!
He's obviously such a SOCIALIST!!! And a COMMUNIST too!!!!!!11
Clearly ALL democrats do this ALL the time!!!!!1!
He needs to be tried for TREASON and HANGED!!!
Restitution and Jail Time!!!!!
And not in some minimum security "easy time" jail. Hard time.
If there is any justice at all, this progressive fat cat will be put where he belongs, behind bars and stripped of all his wealth and dignity!
Just as he has caused so much pain today and into perpetuity for millions of Americans!
He has to be brought to justice!
Jerry
One good thing, it appears MF Global is not too big to fail, That is a good thing.
He should be prosecuted along with all in the firm who knew what was going on and then I hope civil suits go after his personal fortune.
And where are our great regulators and oversight bodies? They could not hit a bull on the ass with a banjo.
Yeah thats a maybe....... if your part of the financial elite I guess.
If you or I took even 70K we'd be locked away for 10-15.