Comments on: Corzine’s tone-deaf statement

By: Acharn

Acharn — Mon, 07 Nov 2011 05:18:55 +0000

I wonder why we don’t see any reference to the fact that Corzine has to have committed at least one felony, and probably many? Certainly as the CEO of MF Global he was required by Sarbanes-Oxley to certify personally that they had adequate accounting controls. The missing money is incontrovertible proof that they didn’t, and the nice thing is that the prosecutor doesn’t have to prove intent to defraud.

By: Christofurio

Christofurio — Mon, 07 Nov 2011 03:20:07 +0000

The Democrat would be the one who sometimes turned into “Cornholio.” I don’t know off hand whether that’s Beavis or Butthead, butr he was briefly a Beatnik hero.

By: TFF

TFF — Sat, 05 Nov 2011 15:09:00 +0000

What is the difference between Republican and Democrat, anyways? Americans seem to make a big deal about this, but nobody else in the world can tell them apart.

If the parties were represented in an animated cartoon, which would be Beavis?

By: mfw13

mfw13 — Sat, 05 Nov 2011 01:22:42 +0000

Now if you wonder why there hasn’t been any meaningful banking regulation (sorry Dodd-Frank is pretty toothless), keep in mind that Corzine was a DEMOCRATIC senator.

Then keep in mind that Chuck Schumer, the DEMOCRATIC Senator from New York, is one of the biggest protectors of Wall Street in the Senate.

And lastly, keep in mind that it was Bill Clinton, a DEMOCRATIC President, who signed the repeal of Glass-Stegal into law.

It’s easy to blame the GOP for what’s happened, and they do bear a significant portion of the blame for the lack of regulation of Wall Street. But it’s not like the Democratic Party is blameless either.

By: ETNYC

ETNYC — Fri, 04 Nov 2011 21:20:58 +0000

I ask cynically – but this is what we want isn’t it. Small government, regulation lite, a congress lead by money interest only.

So please let’s not surprised when it shows its ugly head.

By: Chris08

Chris08 — Fri, 04 Nov 2011 17:24:33 +0000

Well Wall Streeters operate by different standards than most. They are our “nobility” exempt from the laws that apply to commoners. So…not very surprising.

By: Abulili

Abulili — Fri, 04 Nov 2011 16:11:36 +0000

Sorry for accidentally posting twice (and now a third time, as I cannot remove one of the identical posts)

By: Abulili

Abulili — Fri, 04 Nov 2011 16:10:08 +0000

It’s not particularly interesting what he says, except for victims of MF Global’s demise. The statement was drafted in its entirety by lawyers, and reviewed by other lawyers. An apology may be interpreted as self-incrimination. I’m no lawyer, so if I’m wrong, please correct me.

By: Abulili

Abulili — Fri, 04 Nov 2011 16:10:08 +0000