Monday, April 30, 2012

Jon Corzine Getting His Money's Worth

Disgraced Senator, governor, financial CEO Jon Corzine is one of Barack Hussein Obama's biggest fundraisers. He's also under criminal investigation from Barack Hussein Obama's ironically misnamed Department of Justice. And that investigation is on the slow track. The VERY SLOW track. I mean, Fast and Furious like SLOW TRACK.
The implosion of MF Global appears to be the single most investigated event in recent Wall Street history. The FBI, two US attorneys, the Securities and Exchange Commission, the Commodity Futures Trading Commission and several congressional committees all say they’re looking into the firm’s spectacular collapse last fall — and at just who’s responsible for the mysterious disappearance of $1.6 billion in customer money in its final days. 

Yet investigators say they’re having a tough time assigning culpability. Then-CEO Jon Corzine insists he was clueless about what was happening; mass confusion is the best explanation the probes seem to have found.
Don’t buy it.

The probers sifting through documents and taking depositions from witnesses are no doubt dedicated professionals, but their bosses are political — and that’s the best clue as to why a probe that’s allegedly been running full steam for six months has made such slow progress.

The bumbling Corzine, one of Wall Street’s most prominent Democrats, is a close ally of President Obama and one of his best bundlers of Wall Street campaign cash.


Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home