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Posts Tagged ‘MF Global saga’

Jon Corzine Meet Dean Tofteland

Posted by Larry Doyle on March 8th, 2012 6:27 AM |

“What they call ‘unlawful commingling’ on Wall Street is called ‘stealing’ back on Main Street.”

A week ago, I welcomed highlighting the plight of an elderly couple ensnared in the morass that is the MF Global debacle. Helen Metchikoff’s plea tugged at my heart as she wrote:

i am a 75 yr old grandmother my husband is 76 we take care of a brain injured 55 yr old son all of our investment money we saved in our lifetimes was invested in mf global for a monthly income to live out our lives now we are broke living on a pittance social security checks this is such a crime against all the people who lost through the greed of corzine and all the rest of his cronies isn’t there anything that can be done to help us we are suffering and i don’t think we deserve this they should all be punished severely for this just like madoff is…

There are clearly many, many more individuals and couples also suffering as a result of the “commingling” that transpired at MF Global. Yesterday, I read of just such another individual.

Jon Corzine meet Dean Tofteland.  (more…)






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