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