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Jon Corzine

Ex-MF Global Executive Under Fire For Sketchy Testimony

Reuters | Posted 08.07.2012 | Business

* CFO Steenkamp said he knew little about missing funds * Trustee report shows Steenkamp closely involved * Email shows ...

MF Global Allegedly Used Accounting Tricks To Comply With Regulations

Posted 08.06.2012 | Business

Ends up MF Global officials used creative accounting tricks to give the appearance of complying with regulations in the lead up to the firm's collapse...

MF Global Trustee Racking Up Millions In Fees

Reuters | Posted 08.04.2012 | Business

* Trustee Giddens billing $894 per hour - court documents * Team includes roughly 130 lawyers By Nick Brown ...

Corzine Could Face Civil Claims

Reuters | Posted 08.04.2012 | Business

NEW YORK, June 4 (Reuters) - The trustee liquidating MF Global Holdings Ltd broker-dealer said on Monday he sees possible civil claims against forme...

Does Anyone Ever Take Responsiblity for Anything Now?

Mitch Feierstein | Posted 07.31.2012 | Business
Mitch Feierstein

Transparency? Accountability? Responsibility? That's for little people. Consequences? Forget it: If you're rich, there are none. We live in Leona Helmsley's world now, and it's not a good place to be.

Regulaor: 'Corzine Rule' Will Start 'Restoring Public Confidence'

Reuters | Posted 07.29.2012 | Business

CHICAGO, May 29 (Reuters) - Futures brokers would need to get approval from a top executive before making big withdrawals from customer accounts und...

How Jon Corzine Was Hit By The Housing Crisis

The Huffington Post | Harry Bradford | Posted 05.29.2012 | Business

It seems former MF Global CEO Jon Corzine has been hit by the housing crash. The ex-Governor of New Jersey recently sold his Hoboken penthouse apar...

Corzine Netted Millions From MF Global Before Collapse

Reuters | Posted 05.22.2012 | Business

(Reuters) - Former MF Global Holdings Ltd chief Jon Corzine received more than $8 million in pay and stock options from the futures brokerage in the y...

Christie Would Give Romney 'Blue-Collar Appeal'

Martin Zabell | Posted 07.17.2012 | Politics
Martin Zabell

Chris Christie would be the perfect vice presidential nominee on Mitt Romney's GOP presidential ticket if he is who his supporters say he is. Howeve...

Laid-Off MF Global Employee Can't Even Get A Job Here

The Huffington Post | Harry Bradford | Posted 05.08.2012 | Business

Those years at MF Global can't even ensure you a retail job these days. Former mid-level MF Global employee Dan Whiteford says he has yet to be of...

MF Global Implosion: Congressman Grimm Sends a Message

Janet Tavakoli | Posted 07.03.2012 | Politics
Janet Tavakoli

MF Global is another glaring example of our hypocrisy and cronyism and lack of will to restore rule of law to our financial system. The perception is that the needle has moved further in the wrong direction.

An October Surprise on Wall Street

Charles Gasparino | Posted 07.01.2012 | Business
Charles Gasparino

Coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis.

Renewed Hope That Jon Corzine, President Obama's Top Tier Campaign Bundler, Will Face Criminal Charges

Janet Tavakoli | Posted 07.01.2012 | Politics
Janet Tavakoli

Even if all of the MF Global money is eventually clawed back and recovered, this remains an impermissible act. People have been denied access to their money, and businesses and reputations have been tarnished. So far, no one has been held accountable.

Missing MF Global Customer Founds All Accounted For

The Huffington Post | Harry Bradford | Posted 04.25.2012 | Business

Jon Corzine might not know where the money is, but somebody certainly does. James Giddens, the trustee overseeing MF Global's liquidation, told th...

Christie Administration Withdraws Charge Against Federal Agency

Star-Ledger | Posted 06.23.2012 | Politics

New Jersey has backed out of a federal lawsuit calling for tougher ozone regulation than what was implemented by the Bush administration in 2008, acco...

How to Avoid a Ponzi Scheme

Michael Martin | Posted 06.17.2012 | Business
Michael Martin

Investors who are victims of crime or financial fraud might have an easier time dong background search in trying to avoid Ponzi schemes before making investments than guessing which bank, Future Commission Merchant, or broker goes bankrupt.

MF Global: JPMorgan Produces Smoking Gun

Janet Tavakoli | Posted 06.03.2012 | Business
Janet Tavakoli

In my opinion, MF Global former CEO Jon Corzine knew or should have known there was a strong probability that customer funds would be transferred. As it happens, they were.

MF Global's Insurance Money Could Pay For Corzine's Defense

Reuters | Posted 06.02.2012 | Business

* MF trustee seeking release of $25 mln in insurance funds * Policies cover liability from acts of directors, employees ...

Goldman & Friends

Mitch Feierstein | Posted 05.29.2012 | Business
Mitch Feierstein

Greg Smith's recent wail of resignation made it clear that Goldman Sachs has long lost touch with these simple truths. The thing is, though, you don't have to be a client of Goldman's to lose out, you just have to be, well, a human.

JPMorgan: Corzine Assured Bank It Had Ample Funds To Cover Overdrafts

Reuters | Posted 05.28.2012 | Business

* Corzine spoke with JPMorgan on Oct. 28 -- bank lawyer * JPMorgan says was assured overdrafts could be covered * Bank d...

MF Global's 10 Highest-Profile Former Clients

Reuters | Posted 05.27.2012 | Business

March 26 (Reuters) - ConocoPhillips, billionaire investor Carl Icahn, Coca Cola, Dominion Resources and giant energy trader Mercuria were among high-p...

Corzine Denies Allegations That He Authorized Transfer Of Customer Funds

Reuters | Posted 05.23.2012 | Business

* MF Global employee: Corzine authorized transfer from customer account * Corzine stands by previous testimony * Corzin...

Corzine Gave 'Direct Instructions' To Transfer Hundreds Of Millions From Customer Account

AP | MARCY GORDON | Posted 05.23.2012 | Business

WASHINGTON — A former MF Global executive appears to contradict testimony from Jon Corzine, saying the former senator and New Jersey governor or...

Senators: Giving MF Global Execs Bonuses Probably Not A Good Idea

AP | MARCY GORDON | Posted 05.15.2012 | Business

WASHINGTON — Senators are telling the trustee overseeing MF Global that it would be outrageous to pay bonuses to top executives of the collapsed...

MF Global Execs Could Get Bonuses, Because They Just Deserve It So Much

The Huffington Post | Alexander Eichler | Posted 03.09.2012 | Business

What do you do after your company implodes and customer money goes missing? You collect a bonus, of course. As many as 23 employees at MF Global, t...