Jon Corzine

SparrowHawk

Veteran
Nov 30, 2009
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Well, well, well would you lookie here!
Wonder what the OWS crowd has to say now that it's Obama's Butt Boy with his Ethics and Ego hanging out?

Jeepers not even one Koch Brother to blame, tsk, tsk, tsk, Newt's busy so has Vachmann, Perry, Romney, Santorum, while Bush & Cheney are retired, Hand wringing starts at 6:00AM EST. Geez, Do you think Ron Paul might be right after all? Maybe "Crazy Uncle Ron" isn't nearly as crazy as you first thought?


Jon Corzine Reportedly Shopped For French Chateau While MF Global Was On Verge Of Collapse


The Huffington Post Jillian Berman First Posted: 1/5/12 03:23 PM ET Updated: 1/5/12 04:08 PM ET



As MF Global inched towards collapse,

CEO Jon Corzine pre-occupied himself with a few other things -- namely securing a chateau for him and his wife in the ritzy south of France.

At a party in Paris on October 15 -- just two weeks before MF Global filed for bankruptcy, costing more than 1,000 workers their jobs -- Corzine and his wife, Sharon Elghanayan, were discussing a house they planned to purchase in the south of France, according to an upcoming report in Vanity Fair.

"It's not in Cap Ferrat," one person at the party told Vanity Fair they recall Elghanayan saying in an effort to tone down the extravagance. Cap Ferrat is a coastal town in the south of France known for its lavish lifestyle.

Though Corzine, a former Goldman Sachs CEO, governor of New Jersey and Senator, was able to scrounge up the money for a possible chateau purchase, he's having a little bit more trouble tracking down MF Global clients' money, much of which is still missing. Shortly after the company filed for bankruptcy on October 31 over risky bets on European debt that went disastrously wrong, hundreds of millions worth of customers' money was discovered missing.

Corzine, who resigned in early November after the firm's collapse, told Congress of the lost client funds: "I simply do not know where the money is."

More about Mr Corzine