December 5, 2011

The company you keep - Jon S. Corzine

Seems that Bill Clinton was deep in the pockets of Jon S. Corzine while Corzine was looting MF Global. From Human Events:
Claim: Clinton Collected $50K Per Month From MF Global
A former MF Global employee accused former president William J. Clinton of collecting $50,000 per month through his Teneo advisory firm in the months before the brokerage careened towards its Halloween filing for Chapter 11 bankruptcy.

Teneo was hired by MF Global�s former CEO Jon S. Corzine to improve his image and to enhance his connections with Clinton�s political family, said the employee, who asked that his name be withheld because he feared retribution.

�They were supposed to be helping Corzine improve his image as a CEO�I guess you can tell how that went,� he said. Corzine resigned as CEO and chairman November 4.

Before Corzine joined MF Global in May 2010, the firm was a smart and well-run commodities broker, a culture that was turned upside-down by his leadership style, he said.

�The traders would be shaking their heads,� he said. �They would come back to their desk and say, �Well, I thought we were going to do this�but Corzine would come by and do something else all by himself,�� he said.

The Teneo contract with MF Global lasted at least five months, he said. �The board canceled it after Corzine resigned.�
Yeah - Corzine resigned as CEO and chairman November 4 and MF Global quietly filed for bankruptcy a few days earlier on October 31st. The whole political system is so corrupt that I really do not see a way to clean it out. Sad to see these craven morons stripmine this great nation for personal gain. Posted by DaveH at December 5, 2011 8:16 PM
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