Have we just found out where some of MF Global's missing $$$ went?
Naw. Couldn't be.
It's all just a coincidence, I'm sure.
One has NOTHING to do with the other.
-------------------------------------------------
http://www.weeklystandard.com/blogs/...ma_620781.html
Jon Corzine Raised $500,000 for Obama
2:38 PM, Jan 31, 2012
by DANIEL HALPER
According the Barack Obama's 2012 campaign website, Jon Corzine of Hoboken, New Jersey raised at least $500,000 for the president's reelection effort.
Corzine, of course, has most recently been in the news for being on the wrong side of a $6.3 billion bet as head of MF Global. "MF Global filed for bankruptcy on October 31, after $6.3 billion in risky bets on European sovereign debt spooked investors and an effort to sell the company failed," Reuters reported. "Investigators are searching for as much as $1.2 billion in missing customer money, which regulators said the company may have diverted for its own needs."
Later, Corzine admitted he could not account for the $1.2 billion.
At one point, Corzine was once considered a possible candidate for secretary of the Treasury Department. "President Obama once hailed [Corzine] as an 'honorable man' and one of his 'best partners' in the White House," ABC reported.
"The social contract exists so that everyone doesn’t have to squat in the dust holding a spear to protect his woman and his meat all day every day. It does not exist so that the government can take your spear, your meat, and your woman because it knows better what to do with them." - Instapundit.com
Reply With Quote
Originally Posted by Little-Acorn
