More from Corzine: "I was stunned when I was told . that MF Global could not account for many...


More from Corzine: "I was stunned when I was told ... that MF Global could not account for many hundreds of millions of dollars of client money ... I had little expertise or experience in (the) operational aspects of the business ... since my resignation ... I have not had access to the information that I would need to understand what happened."
Comments (8)
  • Gregor_MacGregor
    , contributor
    Comments (75) | Send Message
     
    and thats why he should have listened to his Risk manager who quit his job over the whole business. This is such bollocks. Another thief about to get away without even a slap on the wrist.
    8 Dec 2011, 07:23 AM Reply Like
  • deercreekvols
    , contributor
    Comments (9624) | Send Message
     
    I am sure that this statement will allow all of the investor in MF Global to sleep better tonight.
    Jon Corzine acted as if he was the smartest man in the room when he told the Board he would resign if they didn't allow him to continue to invest in European Debt.
    He lobbied Congress to get them to not pass regulations regarding the spending of client money.
    He is "stunned."
    Tell this story to a judge and jury and see who is stunned.
    8 Dec 2011, 07:26 AM Reply Like
  • lower98th
    , contributor
    Comments (1411) | Send Message
     
    "When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it."--Frederic Bastiat
    8 Dec 2011, 07:27 AM Reply Like
  • davidingeorgia
    , contributor
    Comments (2661) | Send Message
     
    He's a Dem, so he'll skate. Don't even expect the superficial slap on the wrist. It ain't happening.
    8 Dec 2011, 07:46 AM Reply Like
  • Uncle Pie
    , contributor
    Comments (4323) | Send Message
     
    It's just astonishing that we left these thieves walk free!
    8 Dec 2011, 08:40 AM Reply Like
  • Director one
    , contributor
    Comments (62) | Send Message
     
    Doesn't the captain walk the ship before leaving port....Isn't he responsible no matter what........what a lame comment! He was a partner in Goldman and he can't read a financial statement. I would hold him in jail no bond as a flight risk.......
    8 Dec 2011, 08:57 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (864) | Send Message
     
    At least they voted him out before he could destroy New Jersey,,,
    8 Dec 2011, 10:06 AM Reply Like
  • rothyman
    , contributor
    Comments (127) | Send Message
     
    This monster needs to be hung from the depths of hell with all his other Goldman buddies
    8 Dec 2011, 10:54 AM Reply Like
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