“MF Global may have gone down on the Democrat’s watch. But first, Jon Corzine was a proud progressive who made New Jersey proud.” NJ was so proud, it kicked him to the curb after one term as governor. Corzine was so busy being proud he forgot to pay attention to the money he was hired to manage. A little (well, not a little) destruction of private capital is OK as long as you’ve spent the last decade wasting billions of public capital – for the “right” reasons.
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