Tuesday, November 29, 2011

The Jon Corzine Affair: When This Administration is Through, President Obama Is Going To Make Richard Nixon Look Like a Piker

Don't you find it interesting that President Obama spent more time publicly on the "beer summit" with a cop and a black guy...than he has with his campaign bundler, Jon Corzine?

Jon Corzine is a former CEO of Goldman Sachs and NJ Governor. He was also CEO of MF Global which declared bankruptcy a month ago.

Bankruptcy in and of itself is not particularly novel nowadays although it seems fairly rare for brokerage houses. What makes this bankruptcy outrageous is that the company, MF Global, didn't just declare bankruptcy on it's own accounts-it is missing in excess of one billion dollars of it's customers' cash. And they can't find it. This latest news tidbit is certainly not comprehensive but gives you an idea of just how baffled everyone is. http://dealbook.nytimes.com/2011/11/29/details-emerge-on-mf-globals-last-ditch-effort-to-fill-shortfall/

Here is the latest find. http://www.huffingtonpost.com/2011/11/29/kpmg-mf-global_n_1119106.html

Where is Jon Corzine? I haven't seen him, heard from him, in over a month. Like a fucking ghost. The best part is yet to come. Here's some foreshadowing. http://directorblue.blogspot.com/2011/11/in-wake-of-mf-globals-collapse.html

If you cannot call Jon Corzine "elite" then the term elite should probably not exist. By all definitions, Corzine represents the elite. Not only that, but Corzine is very close to President Obama. In fact, Corzine bundles millions in campaign contributions for Obama. And like the crony capitalist that Obama is- Corzine very recently was hinting that Obama might give him a high level appointment. Here is a pretty good overview of Corzine's history and connections. http://www.foxbusiness.com/on-air/willis-report/blog/2011/11/07/jon-corzine-too-big-jail

Can you imagine how stupid Obama must feel right about now? Surrounded by crooks who are getting caught and making him look bad? Could that all be one big coincidence? No, of course not.

So investigators cannot muster up enough evidence after a month? Ok, so they've found 500 million. Is it going to take a few more months to find the other half a billion? Do you think maybe Corzine knows where the missing customers' money is? In my old line of work, I didn't really care where the embezzlers hid the dough- I simply proved they took it. However, part of any investigation usually involves asking the most likely suspect (Corzine) what he did with the money. It helps prove the case and gets the victims their money back. Not that this administration or the SEC has ever really concerned itself with making victims' whole again. They are more like meter maids handing out big parking tickets so they can tell us what a wonderful job they are doing.

Is the Obama administration sheltering Mr. Corzine, hoping this goes away? Who knows? http://www.huffingtonpost.com/charles-gasparino/obamas-corzine-problem_b_1117006.html

This is precisely why our country is completely fucked up. We have no rule of law. We have a completely corrupt chief executive who is just as criminally complicit as the people he is in charge of investigating. From Kevin Johnson, to Gunwalker, to Solyndra (check the latest on Solyndra out here http://news.yahoo.com/obama-donor-discussed-solar-loan-white-house-193256632.html) to MF Global. Obama and this den of thieves is the most reprehensible and crooked administration in the history of the United States. Obama makes Nixon look like a fucking piker.

In the meantime, we get to wait and see what happens to Mr. Corzine. The two tiered criminal justice system will be on full display. Our Attorney General Eric Holder, who is every bit as corrupt as his boss, will look the other way of course. The situation in DC is absolutely overwhelming. Stunning. You thought crooked cops were bad. http://truthingold.blogspot.com/2011/11/just-when-you-think-it-cant-get-uglier.html

1 comment:

Paco Bell said...

At first I thought 0bama was Bush44. Then he was Herbert Hoover. Now I think you are right he will exit office redolent of Nixon. Any day now we should hear 0bama proclaim: "I am not a crook. I just like to hang with them."

Would that ever be true...