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Congress panel blames Corzine for MF Global fall

 
No Dhimmi
Proud Infidel

User ID: 18280111
United States
11/14/2012 04:10 PM

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Congress panel blames Corzine for MF Global fall
Poor management decisions by MF Global's former CEO Jon Corzine triggered the brokerage firm's collapse, while lax protections for customer funds contributed to the loss of an estimated $1.6 billion of customer money, congressional investigators have determined.

Evidence unearthed by the House Financial Services Subcommittee on Oversight puts the blame squarely on Corzine, the panel's chairman Rep. Randy Neugebauer, said in a preview of the report will be released on Thursday.

"The responsibility for failing to maintain the systems and controls necessary to protect customer funds rests with Corzine," the report says. "This failure represents a dereliction of his duty as MF Global's chairman and CEO."

link not permitted due to source

Corzine and Obam

Last Edited by No Dhimmi on 11/14/2012 04:22 PM
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/14/2012 04:14 PM

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Re: Congress panel blames Corzine for MF Global fall
Also - 9 of the 11 LBMA Silver Market Making Members are under investigation for collusion and price fixing.

Stack more now!!

Silver Coin
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/14/2012 04:30 PM

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Re: Congress panel blames Corzine for MF Global fall
Thread: Depository Trust & Clearing Corporation Fraud Cover-up In Progress
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/14/2012 04:33 PM

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Re: Congress panel blames Corzine for MF Global fall
Thread: BREAKING: Ann Barnhardt: Jon Corzine and Obama want to build a new Marxist Socialist Fascist State
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/14/2012 04:36 PM

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Re: Congress panel blames Corzine for MF Global fall
He apparently lied under oath..

MF Global Holdings Ltd. Chief Executive Officer Jon Corzine knew that the company made a loan out of segregated customer accounts before it went bankrupt, CME Group Inc. chairman Terrence Duffy told the Senate today.
Duffy, whose company is MF Global’s regulator and principal exchange, faced questions about a shortfall of some $1.2 billion in missing customer funds. CME and Commodity Futures Trading Commission staff had been told a discrepancy existed in the customer funds, which by law are required to be kept separate from company funds.
On Oct. 31, the day MF Global filed the eighth-largest bankruptcy in U.S. history, “a CME auditor also participated in a phone call with senior MF Global employees, wherein one employee indicated that Mr. Corzine knew about the loans that it had made for the customer -- from the customer segregated accounts,” Duffy said today.

[link to www.bloomberg.com]
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/14/2012 05:43 PM

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Re: Congress panel blames Corzine for MF Global fall
2 year old with
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/14/2012 06:52 PM

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Re: Congress panel blames Corzine for MF Global fall
Jesus against th
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
my 2 cents

User ID: 26646007
Canada
11/14/2012 07:58 PM

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Re: Congress panel blames Corzine for MF Global fall
My God!! Why is this not pinned??
Patriotism is supporting your country always -- and your government when they deserve it. Mark Twain


Those who beat their swords into plowshares usually end up plowing for those who kept their swords. -Benjamin Franklin
my 2 cents

User ID: 26646007
Canada
11/14/2012 07:58 PM

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Re: Congress panel blames Corzine for MF Global fall
5 stars and a pin request!
Patriotism is supporting your country always -- and your government when they deserve it. Mark Twain


Those who beat their swords into plowshares usually end up plowing for those who kept their swords. -Benjamin Franklin
my 2 cents

User ID: 26646007
Canada
11/14/2012 07:59 PM

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Re: Congress panel blames Corzine for MF Global fall
bump
Patriotism is supporting your country always -- and your government when they deserve it. Mark Twain


Those who beat their swords into plowshares usually end up plowing for those who kept their swords. -Benjamin Franklin
No Dhimmi (OP)
Proud Infidel

User ID: 18280111
United States
11/15/2012 05:19 AM

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Re: Congress panel blames Corzine for MF Global fall
Thank you for the pin request!
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
No Dhimmi (OP)
Proud Infidel

User ID: 161095
United States
11/15/2012 07:27 AM

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Re: Congress panel blames Corzine for MF Global fall
Corzine Decisions Felled MF Global

MF Global Holdings Ltd. (MFGLQ) collapsed last year because of mistakes made by former chairman and chief executive officer Jon S. Corzine, according to a summary of findings from a probe led by U.S. House Republicans.

Corzine, a Democrat who formerly served as a U.S. senator, governor of New Jersey and Goldman Sachs Group Inc. (GS) co-chairman, has told lawmakers that he doesn’t know what happened to the money.

[link to www.bloomberg.com]
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 3172615
United States
11/15/2012 07:32 AM
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Re: Congress panel blames Corzine for MF Global fall
I thought that, like everything else, it's all Bush's fault! ohyeah

**sarcasm off**
No Dhimmi (OP)
Proud Infidel

User ID: 15690235
United States
11/15/2012 07:45 AM

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Re: Congress panel blames Corzine for MF Global fall
Who will O blame now for the last 4 years?
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Renegade (Me too)

User ID: 24639180
United States
11/15/2012 08:34 AM

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Re: Congress panel blames Corzine for MF Global fall
Corzine Decisions Felled MF Global

MF Global Holdings Ltd. (MFGLQ) collapsed last year because of mistakes made by former chairman and chief executive officer Jon S. Corzine, according to a summary of findings from a probe led by U.S. House Republicans.

Corzine, a Democrat who formerly served as a U.S. senator, governor of New Jersey and Goldman Sachs Group Inc. (GS) co-chairman, has told lawmakers that he doesn’t know what happened to the money.

[link to www.bloomberg.com]
 Quoting: No Dhimmi


Why are they just now catching onto this? Does it really take Congress 12 months for them to question thievery?
Who is John Galt?
No Dhimmi (OP)
Proud Infidel

User ID: 15685685
United States
11/19/2012 12:04 PM

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Re: Congress panel blames Corzine for MF Global fall
Strange how this issue is not in the press at all!!
Background of my avatar: [link to bibelen.spam]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.

[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to prophetofdoom.net]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.