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Posts Tagged ‘terry Duffy MF Global testimony’

Is Jon Corzine “Too Big to Be Indicted”? Part V

Posted by Larry Doyle on December 14th, 2011 7:13 AM |

Jon Corzine U.S. President Barack Obama (L) and New Jersery Governor Jon Corzine look on at a campaign rally at Fairleigh Dickinson University's Hackensack campus October 21, 2009 in Hackensack, New Jersey. Obama is supporting Corzine in his effort to win a second term as governor in elections later this fall. Do you think it is believable that a financial firm’s CEO, CFO, and COO could all be ignorant in knowing where and how a billion dollars of customer funds may have gone?

You don’t? Neither do I, although if we were to take these aforementioned individuals’ statements to that effect on face value, we would be led to believe that the downfall and demise of MF Global was somehow just one big mistake.

I hope and trust that Americans are not so naive, and that our Congressional leaders will be appropriately rigorous in pursuing and unearthing the truth in this investigation.

To this end, I had previously suggested those investigating the MF Global bankruptcy should engage noted financial sleuth Harry Markopolos. Whom else might we want to listen to?  (more…)






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