MF Global client money feared gone

MF Global client money feared gone. MF Corzine’s fortune still doing fine. BTW, MF Corzine has raised $500K for MF Obama. More than makes up for the piddly 70 grand MF Corzine personally contributed which the MF president returned.

This post was last modified on January 26, 2021

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (7)

  • Corzine should be sitting in a jail cell right now! If you want to understand the definition of crony capitalism, use the MF Global fiasco as your guide. Crony capitalism is not free market capitalism. The duopoly of the GOP / Dem parties are equally guilty of this.

    Duopoly - two producers existing in one market.

    The two party system presents itself as if we have two choices when in fact we have none at all....two wings of the same bird!

    If you want to break this cycle, vote for Ron Paul. Obama, Gingrich, Romney and Santorum will continue to support the destruction of our civil liberties, support perpetual war and worship at the alter of big government.

  • If barry and company were so concerned about the 99% they would be shouting about this all the time. A last, it was their buddy Jon who stole from the 99% and gave it to them. Where are the OWS and others? Why wont they show up and barry's events and demand that Jon Corizine be arrested and his fortunes taken from him?

    Dumb asses and hypocrites all

    • Re: the OWS'ers. They are too stupid to figure out the obvious. They just do what their handlers, the DNC, tell them to do. Thus the term, "Useful Idiots". Precisely why the working/wage earning 51% consider the OWS'ers to be worthless slugs.
      51% are the people not planning on sucking at the public trough for the rest of their lives. Soon to be 49% if the Democommies have their way.

  • The money isn't gone, it's alive and well in the bank accounts of Jon Corzine and his pals. That includes the campaign coffers of Obammie!

  • They FEAR the money is gone?

    Let me lay your fears to rest. You ain't gonna see a penny of that money ever again.

    There, you can sleep easy now.

  • officials hunting for an estimated $1.2 billion in missing customer money increasingly believe that much of it might never be recovered, according to people familiar with the investigation.

    I am simply aghast, appalled, agog, and amazed that investors won't get their money back... even if it is found.

  • As long as he can maintain his status as MoneyLaundererForObama all will be forgiven. After all, that money lost by Corzine was probably obtained on the back of the 99%...so they don't really deserve to have any....

    Remember how TEXAS ENRON captivated the Media? They lived off TEXAS ENRON...Now, nothing because Corzine is a Demmunist Pig.