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Suit Accuses Corzine
of a Failure at the Helm

New York Times, by Ben Protess

Original Article

Posted By:pineledger, 6/28/2013 8:28:28 AM

Jon S. Corzine, no stranger to bare-knuckle brawls after spending nearly 40 years on Wall Street and in New Jersey politics, now faces the biggest fight of his career: a showdown with the United States government. (Snip)In another call that month, the global treasurer indicated that the firm’s liquidity “situation” was “not sustainable” and that “we have to tell Jon that enough is enough. We need to take the keys away from him.” If found liable, Mr. Corzine and Ms. O’Brien could face fines and possibly a ban from trading commodities.

Comments:
Too big to fail, right?

      


Post Reply  

Reply 1 - Posted by: mean Gene, 6/28/2013 9:10:04 AM     (No. 9398232)

Apparently the ´´DEMOCRAT´´ is assumed.

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Reply 2 - Posted by: Boston Federalist, 6/28/2013 9:13:13 AM     (No. 9398242)

These are civil charges. You should all read the details. If Corzine´s conduct does not represent the basis for criminal charges, nothing on earth does. I always say that if I ever get into trouble, all I ask is that I be treated like a liberal Democrat.

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Reply 3 - Posted by: BarryNo, 6/28/2013 9:13:44 AM     (No. 9398246)

Corzine isn´t a failure - he got away with millions of other people´s money, and wasn´t charged with a crime.

How is that failing, for a criminal like him?

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Reply 4 - Posted by: 3 Legged Dog, 6/28/2013 9:27:26 AM     (No. 9398282)

#2 and #3

I absolutely agree. Why haven´t criminal charges been filed?

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Reply 5 - Posted by: whyyeseyec, 6/28/2013 10:12:59 AM     (No. 9398383)

@#2-4: Because he is the `Honorable` John Corzine....

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Reply 6 - Posted by: jinx, 6/28/2013 10:49:08 AM     (No. 9398452)

Put him in jail and throw away the key.

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