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« Taxi Driver - Some Day A Real Rain Will Come | Main | Obama's Teleprompter Fails During Family Dinner »
Monday
Oct012012

Reason #1 That Jon Corzine Is NOT In Prison - Corzine And Obama Campaign Video

President Obama loves Jon Corzine...

This clip from a 2010 Jon Corzine for Governor campagin ad is exhibit A in the cesspool of DOJ corruption that has resulted in Jon Corzine not currently residing in prison for stealing $1.6 billion from segregated client accounts during the collapse of MF Global, a collapse that was brought on by at least $6 billion of massively-leveraged bets on European debt.

---

Dick Bove calls Corzine a 'rogue trader':

Bove is a massive dolt who has supported every bailout known to mankind, and told CNBC viewers NOT to pull funds out of MF Global 5 days before it collapsed.

 

Background:

Janet Tavakoli - Analyzing the Fraud at MF Global

Email Ties Corzine to Missing Funds - WSJ

Reuters - Eric Holder, Top DOJ Lawyers Were Partners With Big Banks

DOJ Lawyers, Holder Were Partners In Firm That Represented MF Global

Financial Fraud Conviction Scorecard: Bush: 1300+, Clinton: 1000+, Obama: 0.0

REPORT: Five Senior Goldman Sachs Execs Gave $130K To 'Obama Victory Fund' WHILE Eric Holder Was Deciding Whether To File Criminal Charges

Who is Jon Corzine, Anyway? - CNN

 

 

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Reader Comments (11)

$1.6 billion in missing MF Global funds traced

http://money.cnn.com/2012/04/24/news/companies/mf-global/index.htm
Aug 13, 2012 at 6:24 PM | Registered CommenterDailyBail
Aug 13, 2012 at 6:24 PM | Registered CommenterDailyBail
Corzine's a "rogue trader"? Yeah, and Hitler didn't drink Cuervo because it made him mean.

As for MF Global, Bove actually scoffed at a guy who asked Bove if he should pull all of his money out of the firm five days before it collapsed. According to Bove, the guy was exhibiting "an extreme point of view."

http://video.cnbc.com/gallery/?video=3000053488

Bove's other great calls--just on primary dealers--include upgrading Bear Stearns and Lehman days before each of those firms collapsed.

Bove is the biggest retard in the entire inbred family of Wall Street jockstrap-washers on CNBC.
Aug 13, 2012 at 6:56 PM | Unregistered CommenterCheyenne
Joe Biden calls Jon Corzine for Advice Again

http://www.youtube.com/watch?v=buRO9TSlScQ

Kinda scary isn't it he say's corzine is the smartest guy he knows.

During 2008 post-election transition, Biden called now-disgraced stock broker Jon Corzine for advice

http://dailycaller.com/2011/12/05/during-2008-post-election-transition-biden-called-now-disgraced-stock-broker-jon-corzine-for-advice/

What happened to this story you had up earlier? Hidden Bailout - New fuel economy rules favor Detroit's Big Three

Treasury: U.S. to lose $25 billion on auto bailout

http://www.detroitnews.com/article/20120813/AUTO01/208130392

VIDEO: Taxpayers Fund 'Ridiculous' Chevy Volt Village

http://nlpc.org/stories/2012/08/07/video-taxpayers-fund-chevy-volt-village

As Another Fisker Karma Spontaneously Combusts, "Green" Dreams Go Up In Smoke

http://www.zerohedge.com/news/another-fisker-karma-spontaneously-combusts-green-dreams-go-smoke

New Fisker Fire, While Taxpayers Cover Utility Bills for Empty Plant

http://nlpc.org/stories/2012/08/13/new-fisker-fire-while-taxpayers-cover-utility-bills-empty-plant

PRIEBUS: Obama’s economy hits the dinner table
Higher grocery bills knock American families lower

http://www.washingtontimes.com/news/2012/aug/7/priebus-higher-grocery-bills-bring-american-famili/

DOJ ANNOUNCES NO PROSECUTIONS FOR TOP OBAMA DONOR GOLDMAN SACHS

http://www.breitbart.com/Big-Government/2012/08/12/DOJ-Announces-No-Prosecutions-For-Top-Obama-Donor-Goldman-Sachs?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BigGovernment+%28Big+Government%29

Sweet Weiner deal

http://www.nypost.com/p/news/local/luxe_on_his_side_B1j7VxzVuwhwa8aSoHxLPJ

Jamie Dimon: 'It's A Free. Fucking. Country.'

http://www.huffingtonpost.com/2012/08/13/jamie-dimon-free-fucking-country_n_1772433.html

JPMorgan Employees Join Goldman Sachs Among Top Obama Donors

http://www.bloomberg.com/news/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors.html

President's favorite banker

http://www.economicpolicyjournal.com/2009/07/president-obamas-favorite-banker.html

Taxpayers Stuck With Billions In TARP Losses

http://www.judicialwatch.org/blog/2012/04/taxpayers-stuck-with-billions-in-tarp-losses/

JPMorgan, Citi Units Sued by FDIC Over Colonial Sales

http://www.americanbanker.com/syndication/jpmorgan-citi-units-sued-by-fdic-over-colonial-sales-1051761-1.html

Democratic National Committee To Pull Funds From Bank Of America

snip..

The move could make things a little awkward between the DNC and President Obama’s reelection campaign, which uses BofA for its banking needs. And as the Wall Street Journal notes, Obama will accept the Democratic presidential nomination at Bank of America Stadium in Charlotte, N.C., where the bank is headquartered.

in full

http://www.huffingtonpost.com/2012/08/13/democratic-national-committee-bank-of-america_n_1772962.html

Bank fees are on the rise

http://money.cnn.com/2012/08/13/pf/bank-fees-rise/index.html?iid=HP_LN

HARP: TBTF banks laughing all the way home

http://www.economicmusings.com/post/28878650167/harp-tbtf-banks-laughing-all-the-way-home

Did We Just Find Someone to Take On the Banks?

http://www.bloomberg.com/news/2012-08-09/did-we-just-find-someone-to-take-on-the-banks-.html

Standard Chartered helped build damning case against itself

http://finance.yahoo.com/news/standard-chartered-helped-build-damning-230847118.html

Warning: Get Your Money Out: “All Legal Bank Deposit Protections Are Now Officially Gone”

http://www.shtfplan.com/headline-news/warning-get-your-money-out-all-customer-deposits-in-the-united-states-are-now-the-legal-property-of-jp-morgan-goldman-sachs-megabanks_08122012

Are The Government And The Big Banks Quietly Preparing For An Imminent Financial Collapse?

http://theeconomiccollapseblog.com/archives/are-the-government-and-the-big-banks-quietly-preparing-for-an-imminent-financial-collapse
Aug 13, 2012 at 7:56 PM | Unregistered CommenterLiberatedCitizen
LC

Huge links fest there. Nice stuff.
Aug 13, 2012 at 8:37 PM | Registered CommenterDailyBail
Cheyenne

I hadn't seen that Bove clip. Good stuff, thanks. And yes, Bove is a massive dolt who has supported every bailout known to mankind..
Aug 13, 2012 at 8:41 PM | Registered CommenterDailyBail
Finally, an indictment... of sorts.

http://www.chicagotribune.com/business/sns-rt-us-peregrine-ceo-indictmentbre87c13i-20120813,0,6829415.story

Now for the head-scratchers...

--"The indictment does not mention Wasendorf Sr's alleged misuse of customer money."

--"The public defender representing Wasendorf Sr could not immediately be reached for comment."
Aug 13, 2012 at 10:42 PM | Unregistered CommenterCheyenne
Dear Brother Corzine:

Here's an early Christmas present even though I find that holiday so loathsome, as you know. It's a federal court of appeals decision that came out last week. I trust you'll find it as comforting as I do.

http://scholar.google.com/scholar_case?case=9044222163921408620&hl=en&as_sdt=2,34

("Instead of maintaining customer assets in segregated accounts as required by law, Sentinel had pledged hundreds of millions of dollars in customer assets to secure an overnight loan at the Bank of New York, now Bank of New York Mellon. This left the bank in a secured position on Sentinel's $312 million loan but its customers out millions. After filing for bankruptcy, Sentinel's liquidation trustee brought a variety of claims against the bank to dislodge its secured position. After extensive proceedings, including more than two weeks of trial over the course of more than a month, the district court rejected the claims. This appeal raises concerns about Sentinel's business practices and the degree to which the bank knew about them, but based on the district court's factual findings, we affirm."

Yours in Untrammeled Malevolence,

Satan
Aug 14, 2012 at 12:08 AM | Unregistered CommenterMoloch
Brilliant, Moloch.
Aug 14, 2012 at 12:59 AM | Unregistered CommenterDailyBail
Aug 14, 2012 at 11:50 AM | Registered CommenterDailyBail
I'm wondering how long the rich will put up with the theft of their riches?
I would think it might be unwise to piss off those with money even if one is in the same club.
Aug 15, 2012 at 3:06 AM | Unregistered CommenterTR

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