Like We Need Another Governor Goldman Sachs
…since the last one turned out so well
Five years after MF Global’s collapse after big, levered bets on European bonds blew up leaving a $1.6 billion shortfall in customer funds, WSJ reports former New Jersey Gov. and Goldman Sachs CEO Jon Corzine is nearing a deal to pay $5 million to end a U.S. regulator’s lawsuit.
Ending what The Wall Street Journal calls a long and messy chapter in a four-decade career which touched the pinnacles of Wall Street and politics…
Mr. Corzine reached the tentative settlement with the Commodity Futures Trading Commission in June, submitting to a ban from trading client money in commodities and others assets regulated by the commission, the people said. A final deal has been on hold as the commission negotiates a resolution to its case against another former executive at MF Global, the people said. The terms may still shift ahead of a final deal, several people said.
And the Dems are all set to select another Goldman alum for our next Gov.
Makes Ya Barf, Media, Morality, Nanny State, People, Politics | Mr. Bingley | 
October 7, 2016 7:03 am
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Come to Florida – or move to Texas. Out Gov’s may not be the ideal, but at least they aren’t dealers.
Not to mention another president bought by Goldman Sachs (among many others).
America is getting to be like Jugurtha’s comment about Rome, you can buy anything there. The one thing we can’t seem to buy is competent, honest government.