Thursday, December 8, 2011

The Corzine Effect

By Semperpapa

No, former New Jersey governor Jon Corzine does not have any knowledge of the whereabouts of $1.2 Billions that have disappeared from the company of which Corzine was CEO.
The brokerage company, MF Global, a very appropriate first initials as they relate to Corzine, filed for bankruptcy, but the former chief is being questioned by the House Agricultural Committee regarding the plain and simple disappearance of $1.2 billion of customers' funds.

I am sure that if there is an actual congressional investigation, a truly honest investigation (I know, honest and congressional in the same sentence is an oxymoron, but I can hope), Corzine's involvement in the disappearance of the money would be all clearly apparent.
And considering the closeness between Corzine and Obama, I wonder how much of the missing funds found their way into Obama coffers. But we will never know, as the Chicago way is the law of the land in Washington.

And to think that the former governor had been Obama's choice for Treasury secretary. How much would be the missing sum? If Gaitner has succeeded in making so much of America's wealth disappear, how much more successful could have the finer criminal Corzine have been.

Just my thoughts!

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