Oddly Enough This Didn’t Rate A Mention On CNN

I can’t imagine why

The trustee for the now-defunct U.S. brokerage firm MF Global, former FBI Director Louis Freeh, issued a 124-page investigatory report blasting former MF Global CEO and Obama bundler Jon Corzine for “negligent conduct,” employing trading strategies with lax oversight, and surpassing board-approved limits for European trades.

The report says the vaporization of $1.6 billion of MF Global customer money was largely the fault of Corzine.

“The risky business strategy engineered and executed by Corzine and other officers and their failure to improve the company’s inadequate systems and procedures so that the company could accommodate that business strategy contributed to the company’s collapse,” said the report.

Thank goodness for Dan Collins.

3 Responses to “Oddly Enough This Didn’t Rate A Mention On CNN”

  1. Syd B. says:

    John Corzyne. Walks away from the firey crash without a scratch.

    Through the heart of every leftist runs the blood of totalitarianism, of confirmation bias, of rank bigotry and a mob’s lust for violence and greed, for punishment, for blood, for inflicting suffering on those who dare oppose their designs. It’s who they are. It’s what they do.

    Author unknown

  2. aelfheld says:

    If vaporising $1.6 billion is ‘negligent conduct’, what does vaporising $7.1 trillion and 9 million jobs qualify as?

  3. Mr. Bingley says:


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