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View Full Version : Have we just found out where some of MF Global's missing $$$ went?



Little-Acorn
01-31-2012, 04:24 PM
Naw. Couldn't be.

It's all just a coincidence, I'm sure.

One has NOTHING to do with the other.

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http://www.weeklystandard.com/blogs/jon-corzine-raised-500000-obama_620781.html

Jon Corzine Raised $500,000 for Obama

2:38 PM, Jan 31, 2012
by DANIEL HALPER

According the Barack Obama's 2012 campaign website, Jon Corzine of Hoboken, New Jersey raised at least $500,000 for the president's reelection effort.

Corzine, of course, has most recently been in the news for being on the wrong side of a $6.3 billion bet as head of MF Global. "MF Global filed for bankruptcy on October 31, after $6.3 billion in risky bets on European sovereign debt spooked investors and an effort to sell the company failed," Reuters reported. "Investigators are searching for as much as $1.2 billion in missing customer money, which regulators said the company may have diverted for its own needs."

Later, Corzine admitted he could not account for the $1.2 billion.

At one point, Corzine was once considered a possible candidate for secretary of the Treasury Department. "President Obama once hailed [Corzine] as an 'honorable man' and one of his 'best partners' in the White House," ABC reported.

tailfins
01-31-2012, 04:58 PM
Crap like this and Solyndra is why I could never become a Democrat. No matter how neanderthal parts of the GOP become, this raw corruption can bring our nation to its knees and make us into a third world country. Travel to South America sometime and you will see the level of suffering caused by corruption.

fj1200
02-01-2012, 07:00 AM
Naw. Couldn't be.

He's just adept at bundling. One could hope though.