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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Hope Praytochange who wrote (62028)	12/13/2011 11:12:42 PM
From: GROUND ZERO™	2 Recommendations Read Replies (2) \| Respond to of 103300

After the bell the testimony from CME Chairman Duffy to the Senate indicated that Jon Corzine was perjuring himself when he said he had no knowledge of the customer money transfers. Duffy testified that on Saturday lawyers notified him by phone and email that Corzine knew of the transfers of customer funds and that at all times the people doing the transfers were under the authority of MF Global management. MF Global is more of a crime scene than a simple bankruptcy. What puzzles me is how MF Global was able to transfer all these customers funds and assets without records in the banking system? What happened to all those anti-money-laundering rules on fund transfers? Are they just for the 'little people' too? And why is the Trustee Giddens, a private attorney whose firm has long ties to the bank, calling the shots on the investigation of JPM and their involvement? The interests of the customers seem largely under-represented. Where is the CFTC and the Justice Department in all this again? jessescrossroadscafe.blogspot.com GZ