Skip to main content

Bloomberg News reported today that former Senator and Governor Jon Corzine personally ordered a $200,000,000 transfer from customer funds of MF Global just three days before the company collapsed.  See also: .

The transfer was reportedly to cover an overdue debt to JP Morgan Chase.

The problem is that Corzine testified under oath to Congress a few weeks ago that he had no knowledge of any such transfers.

See also this good diary from yesterday: .  This concerns William Black on the Jobs Act, and raises the question why Corzine is not in prison after the disappearance of $1.6 billion in customer funds, which have left many pension funds destroyed and individuals wiped out.

I'm not a financial analyst.  I'm just passing along this dismaying news item, which has not yet been diaried.

Let me collect some good profiles here: . .

Well, I'll stop there. There was a great piece I read about him a month or so ago, talking about his rise from nothing, but I can't find it right now.

Thanks for your patience with this raggedy diary!

Originally posted to Timaeus on Fri Mar 23, 2012 at 09:06 PM PDT.

Also republished by ClassWarfare Newsletter: WallStreet VS Working Class Global Occupy movement.


Should Jon Corzine be in prison?

55%63 votes
13%15 votes
0%0 votes
30%35 votes

| 113 votes | Vote | Results

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site