AND JON CORZINE IS NOT INDICTED BECA– USE…
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More than $1.2 billion in customer funds might be missing from bankrupt brokerage MF Global, nearly twice previous estimates of the shortfall, the trustee administering the firm’s bankruptcy said Monday.
MF Global was forced to file for bankruptcy last month after it disclosed $6.3 billion in exposure to troubled sovereign debt from weak European countries, sparking panic among investors.
Source: Hole at MF Global may exceed $1 billion – Nov. 21, 2011
All the MF execs should be held in custody until they’re willing to give some answers.
Can’t wait to see this guy led away in cuffs. Got thrown out of Goldman Sachs, ruined the state of New Jersey, wiped out over 1000 hard-working employee’s jobs and stole $1.6B in client’s money. Wonder if Joe Biden still thinks Corzine is “the smartest person I have ever known”. What a joke this group of idiots are. Where are you Eric Holder?
This issue cuts to the very heart of our financial system, and if something isn’t done and/or changed, means that every dollar that each and every one of us has entrusted to any of our institutions could be at risk.
And we thought only our ‘traded’ dollars were at risk. Silly us.
I have news for you. If Corzine was Republican, he would be in jail already.