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john corzine rides again

Started by musclehead, Wed 26, Jun 2013, 05:52:25

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musclehead

a civil suit has been filed for the missuse of investor funds (allegedly)

MF global collapsed in 2011 when I posted this on this board many predictions were made that corzine wouldn't spend a day in jail. he's still free and has had the thought of starting a hedge fund :o :o :o

mf global under the direction of corzine invested heavily, about 45% of liguid assests (if memory serves) into greeces debt, at that rate of leveraging it didn't have to move far for them to lose their shirts. they predicted it would go up, it didn't! then corzine stepped over the line and used customers funds to cover his bad investment.
but wait, didn't the gubmint just pass legislation preventing these firms from making more then a 2% investment in these risky transactions? why yes, yes they did.
corzine is a dem that truely believes the rules don't apply to him.
http://www.ft.com/cms/s/0/e9f27082-dd91-11e2-a756-00144feab7de.html#axzz2XJko7M3x

do our resident dems/libs have a comment? perhaps a grab your torch and pitchfork moment? we are all supposed to be up in arms against bankers and this  is a blatant violation of law, and this guy has gotten a pass simply because there is a 'D' behind his name.
'in the tunnels uptown, the Rats own dream guns him down. the shots echo down them hallways in the night' - the Boss

FLAVALK

It seems that "D" men (and women) get a pass on most scandal and corruption charges where others would be prosecuted in a heartbeat. Can you say "Double Standard"?

If Obama had a (R) after his name, he would already be thrown out of office. And the fact that he's black wouldn't matter at all.
Live From Sunny Winter Springs Florida via Huntsville Alabama