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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (43667)12/8/2011 8:21:50 AM
From: John2 Recommendations  Read Replies (1) | Respond to of 71479
 
I fear that Jon Corzine's robbery of MF Global's clients is the tip of the iceberg...

washingtonpost.com

excerpt:

Jon S. Corzine, the former U.S. senator and New Jersey governor who presided over the collapse of the commodities brokerage MF Global, says he cannot explain what happened to “many hundreds of millions of dollars” that the firm was holding for customers.

In testimony prepared for delivery to Congress Thursday, Corzine says he was “stunned” to learn shortly before the firm sought bankruptcy protection at the end of October that MF Global could not account for the money.

“I simply do not know where the money is, or why the accounts have not been reconciled to date,” the former MF Global chief executive says, according to the testimony.

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That son-of-a-bit¢h should be swapping 'how I did it' stories with Bernie Madoff at the Butner Correctional Complex for the rest of his life.