Somehow I can't feel too sorry for this guy, who's defrauded Midwestern farmers and small business people, among others.
A big Obama Wall St. bundler, former Dem Gov of NJ Jon Corzine may well go to jail for raiding MF Global customer funds. Here's the smoking memo.
You know, he hailed from Illinois, grew up on a family farm. He shouldn't have forgotten these markets are based on tangible goods and services. My grandpa was a livestock commission man, bringing cattle to market on behalf of customers, years and years ago. A contract was a handshake, his word was his bond.
Shake that foundation, invite a world of trouble. Jail may be too good for him.
Related posts: MF Global Mucks Up Heartland, Bill Clinton Tied to Corzine's MF Global Fiasco, Jon Corzine STOLE the customer cash at MF Global,
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