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Old 10-31-2011, 08:09 PM
Location: New Jersey
8,133 posts, read 11,868,501 times
Reputation: 7501


Oh Magoo (Corzine), you'e done it again. Just think how worse we would be if he was back in office.

NEW YORK (CNNMoney) -- MF Global, a trader in commodities and derivatives brought down by bad bets on Europe, filed for bankruptcy protection on Monday, leaving behind more than $2 billion in debt to some of Wall Street's biggest players.

The fate of MF Global, run by former New Jersey Gov. Jon Corzine, has been closely watched on Wall Street as a sign of how Europe's sovereign debt crisis could be cause trouble for U.S. financial companies.

MF Global files for bankruptcy - Oct. 31, 2011
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Old 11-01-2011, 06:02 AM
18,107 posts, read 16,448,492 times
Reputation: 9747
Another fat kat Wal Street insider takes his company into bankruptcy. I wonder if Corzine can use any favors from Obama and get a bailout or at least avoid jail time.
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Old 11-01-2011, 06:42 AM
Location: The Milky Way Galaxy
2,256 posts, read 5,902,937 times
Reputation: 1505
What's funny is I think Obama wanted this tool to replace Tim "I don't pay taxes" Geithner. Looking for the article now....remember how hard Corzine was stumping for Obama during election time?
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