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Re: Corzine `Stunned' to Learn of Missing MF Funds  

By: ribit in FFFT | Recommend this post (1)
Sat, 10 Dec 11 5:03 AM | 72 view(s)
Boardmark this board | Food For Further Thought 		Msg. 36778 of 65535
(This msg. is a reply to 36738 by clo)
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clo
...as a former democrat governor and senator, corzine was immenintly qualified to misplace a billion or so dollars without even breaking a sweat. Mere mortals might have been crushed under the pressure.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Corzine `Stunned' to Learn of Missing MF Funds
By: clo in FFFT
Thu, 08 Dec 11 5:33 PM 		Msg. 36738 of 65535

That doesn't cut it, if he doesn't know he should NOT have been in this position, its malpractice, at the very least!

Corzine `Stunned' to Learn of Missing MF Funds

Dec. 8 (Bloomberg) - Jon Corzine, former chairman and chief executive officer of MF Global Holdings Ltd., said he was “stunned” to learn on Oct. 30 that the company couldn’t account for “many hundreds of millions of dollars.” In a statement prepared for a hearing today for the House Agriculture Committee, Corzine apologized to investors, customers and employees of the failed New York broker and said he doesn’t know the location of the estimated $1.2 billion in missing client money. MF Global filed for bankruptcy protection on Oct. 31. Sheila Dharmarajan and Erik Schatzker report on Bloomberg Television's "InsideTrack." (Source: Bloomberg)


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