tag:blogger.com,1999:blog-7982981413278241287.post7146810474689713001..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Jon Corzine Is Full Of Shit And A LiarDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-7982981413278241287.post-10314731319734466652012-02-16T06:17:20.415-07:002012-02-16T06:17:20.415-07:00This is my great pleasure to visit your website an...This is my great pleasure to visit your website and to enjoy your excellent post. I found many valuable things to learn in this article. Please keep on posting such quality articles. Thank you for sharing this article to all of us. <a href="http://performancebonding.net/" rel="nofollow">performance bonding</a>mikehttps://www.blogger.com/profile/06169812996432978423noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-62720153956685521232011-12-14T05:05:17.030-07:002011-12-14T05:05:17.030-07:00I think of all the lambs holding out to get sheare...I think of all the lambs holding out to get sheared, many buddies of my own. They will just end up disliking all of us even more. Training combat between the haven't got anything's and the just getting by's will be the standard.Volunteering in Ugandahttp://www.micatz.org/noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-39228091641030679172011-12-11T15:30:52.526-07:002011-12-11T15:30:52.526-07:00Dave, you're starting to sound like me - I don...Dave, you're starting to sound like me - I don't know whether that's good, or bad...Conwayhttps://www.blogger.com/profile/11066767342077807833noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-10111662773758326592011-12-09T09:42:31.346-07:002011-12-09T09:42:31.346-07:00Congress pretends to "investigate" and J...Congress pretends to "investigate" and JC pretends to "testify". No suprise. And we think this will all end how?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-17694334191090468762011-12-09T09:07:12.660-07:002011-12-09T09:07:12.660-07:00Not condoning this but what does Corzine's ter...Not condoning this but what does Corzine's term equal per dollar taken?<br /><br /><br />LOS ANGELES (AP) — Jodie Foster's estranged father faces more than 25 years behind bars after being convicted of bilking more than $100,000 from the poor and elderly in a home-building scheme.<br /><br />http://finance.yahoo.com/news/jodie-fosters-dad-convicted-housing-scheme-155858488.html?l=1<br /><br /><br />I know congressmen are exempted from insider trading but do any laws appl to them?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-88686449504908920322011-12-09T07:59:04.089-07:002011-12-09T07:59:04.089-07:00Ellis Martin Interviews Jim Sinclair
In this inte...Ellis Martin Interviews Jim Sinclair<br /><br />In this interview Mr. Sinclair speaks to the issue of financial woes in the European Union affecting the volatility of the gold market. He also offers stark advice for those seeking to protect themselves from a government and a fed gone wild. Additionally, Mr. Sinclair addresses a proven formula for building political stability in a developing country while doing business there, more or less assuring success of a resource project. <br /><br />http://www.jsmineset.com/2011/12/08/ellis-martin-interviews-jim-sinclair-2/Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-80348100527896363832011-12-09T07:08:45.076-07:002011-12-09T07:08:45.076-07:00fax to wh,congress,sec,cftc,etc...
Jon Corzine Do...fax to wh,congress,sec,cftc,etc...<br /><br />Jon Corzine Dodges the Fraud Question <br /><br /><br />It's as if Jon Corzine's PR machine is in top spin mode. You'll<br />recall Jon Corzine is the former head of Goldman Sachs and former CEO of<br />MF Global that appeared in front of Congress yesterday to answer<br />questions about an estimated $600 million to $1.2 billion in missing<br />money from the segregated accounts of customers of MF Global.<br /><br /><br />Yesterday and today, I heard confusion about whether or not MF<br />Global's diverting customer funds was allowable and the possibility that<br />customers will eventually get the money back.<br /><br /><br />Let me be clear. The diverting of customer funds from segregated<br />accounts is not legal or allowable, and even if the money is later<br />"found" it is fraud.<br /><br /><br />Jon Corzine was a bond trader in his past life and he says he doesn't<br />know where the money is and that he didn't understand the details of<br />the operations of MF Global, which appear to be a mess due to negligence<br />or intent.<br /><br />Instead of unwinding the trades, it appears that MF Global illegally<br />wired money from customer accounts to satisfy margin calls on MF<br />Global's trades. If that illegal activity happened, Corzine as a bond<br />trader aware of risk and as the head of MF Global, knew it or should<br />have known it. This should be the focus of Congress' investigation.<br />Wire fraud is a federal crime.<br /><br />http://www.huffingtonpost.com/janet-tavakoli/jon-corzine-dodges-the-fr_b_1138625.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-38263870283079026782011-12-09T02:01:59.440-07:002011-12-09T02:01:59.440-07:00This one's for you Dave. Fuckers. http://theci...This one's for you Dave. Fuckers. http://thecivillibertarian.blogspot.com/2011/12/corrupt-united-states-how-law-was.htmlBrianhttps://www.blogger.com/profile/11009623520148094685noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-85450976418491718962011-12-08T19:33:24.018-07:002011-12-08T19:33:24.018-07:00Can't get William Black on cnbc..wants to know...Can't get William Black on cnbc..wants to know where's the justice dept?<br /><br /><br />Capital Account: William K. Black on MF Global and Jon Corzine Culpability (12/08/11) <br /><br />From Goldman Sachs to governor to grilling, Jon Corzine former CEO of the now bankrupt MF Global testifies on Capitol Hill. He claims he is clueless about how and where the possible $1.2 billion dollars of his client's money is that is missing. How has all of this happened three years after the financial crisis when Wall Street was supposed to be reined in? And the golden boys of Wall Street have their Goldman tentacles spread over the MF Global case. The head of the CFTC - MF Global's regulator - has recused himself from the MF Global probe because he worked with Jon Corzine at Goldman Sachs. We speak to William K. Black, a former regulator who during the Savings and Loan crisis oversaw more than 10,000 criminal referrals, 1,000 felony convictions, and where hundreds of bankers went to prison.<br /><br />http://www.youtube.com/watch?v=tPZ6KHLys5E&feature=colikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-15499012584707956542011-12-08T19:18:55.973-07:002011-12-08T19:18:55.973-07:00Wow...
On Corzine - MFG in the fog of war
I rec...Wow...<br /><br /><br />On Corzine - MFG in the fog of war<br /><br />I recently had a conversation with an individual (we'll call him Bob) who had three MFG accounts. He, like many other customers, smelled a rat with MFG as the stock price plunged and the FINRA issues with the Euro bond positions became known.<br /><br />Bob voted with his feet. He closed off all open positions. He got back to cash. Then he requested a wire transfer for the balance(s). He left a small operating balance in the accounts in order to keep them open. This fellow was small potatoes. Two of the accounts were under $20k. The other was $215k.<br /><br />Wire transfers to a bank were requested.<br /><br />According to Bob, the wires went out on Wednesday, October 26 (four days before BK). All three wire transfers were received on Thursday October 27.<br /><br />But on Friday, October 28, the bank that had received the funds reversed the wire transfer for the larger amount. The transfers for the two smaller amounts were not reversed.<br /><br /><br />Basically XYZ has to give ABC a blanket guarantee that they will not get hurt by the request.<br /><br />Here’s the rub. I’m told that in the matter at hand, the "XYZ" bank operating on behalf of MFG was JPM.<br /><br />If I’m right that a LOI was required to claw back a wire transfer, then - assuming my information is correct, and I think it is - it had to have been JPM that wrote the indemnity letter. (No one would have acted on a LOI from MFG on 10/28).<br /><br />I'm speculating quite a bit. But it’s still worth considering.<br /><br />http://www.zerohedge.com/contributed/corzine-mfg-fog-war?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-74621623383038582572011-12-08T17:11:39.935-07:002011-12-08T17:11:39.935-07:00When asked whether he ever authorized the transfer...When asked whether he ever authorized the transfer of customer funds from segregated accounts, Corzine said "I never intended to break any laws. "<br /><br />What kind of a goddamn answer is that? And these spineless senators let him off with that answer?<br /><br />Answer the question, cocksucker. Did you authorize the transfer or not?<br /><br />These chicken-shit coward senators should have slammed that shit in his face IMMEDIATELY and demanded a fucking answer.<br /><br />What a steaming load of dogshit.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-52027949207453585872011-12-08T16:04:08.010-07:002011-12-08T16:04:08.010-07:00Thursday, December 8, 2011
ECB cuts rate, has no b...Thursday, December 8, 2011<br />ECB cuts rate, has no bigger bond-purchase plan<br />The ECB, unlike the Fed, is unable to create money as needed during a crisis. Any aggressive expansion of the bond-purchase plan will force a highly public recapitalization of the ECB. A public recapitalization places confidence at risk, so in steps the Fed to purchase bonds and supply liquidity as the lending of last resort. Why do you think Geitner is traveling around Europe saying Europe is making progress?<br /><br />So here we go again. The great private debt collapse of 2008 morphed into the great sovereign collapse of 2011-2012. In both cases, unbeknownst to the public the Fed will be the lender of last resort at the expense of the dollar. Unfortunately, expansion money and austerity programs at the expense of nation's sovereign might not sit will with those forced to accept it. Gold and silver are watching closely.<br />Severely negative gold lease reflects paper selling and a market waiting on time. Watch the negative spreads collapse and spreading activity (uncertainty) soar right before the upward explosion.<br />http://edegrootinsights.blogspot.com/2011/12/ecb-cuts-rate-has-no-bigger-bond.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-81232664826945578622011-12-08T15:15:03.487-07:002011-12-08T15:15:03.487-07:00Dec. 5 2011
Jim Willie: “The Public Will Not Wake...Dec. 5 2011<br /><br />Jim Willie: “The Public Will Not Wake Up Until At Least One Million Private Accounts Are Stolen”<br /><br />http://bullmarketthinking.com/wp-content/uploads/2011/12/12062011willie.mp3Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-69128321881840454372011-12-08T15:14:49.740-07:002011-12-08T15:14:49.740-07:00Ray, man, I stopped preaching...friends agree ther...Ray, man, I stopped preaching...friends agree there's crazy debt, ue is high, growth is dead, they understand qe...but when I ask what the end result is, they say it'll work out....very few come back with more questions but hey, reaching 1 is better than none.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-58414965803386905382011-12-08T14:36:46.961-07:002011-12-08T14:36:46.961-07:00Just as we have socialized the losses of a failed ...Just as we have socialized the losses of a failed and corrupt system, we have in essence "socialized" the immorality of its defenders.<br /><br />http://letthemfail.us/archives/11153Wilhttp://letthemfail.usnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-47387843941985693692011-12-08T14:08:59.788-07:002011-12-08T14:08:59.788-07:00I just cringe when I think of all the sheep waitin...I just cringe when I think of all the sheep waiting to get sheared, many friends of mine. They will just end up hating all of us even more. Class warfare between the haven't got anything's and the just getting by's will be the norm.<br /><br />RayAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-91298092576260257382011-12-08T13:47:20.536-07:002011-12-08T13:47:20.536-07:00Gold is cheap relative to the idea that you could ...Gold is cheap relative to the idea that you could have a life’s fortune on a statement from a clearing agent and find out that you don’t have a penny left anywhere. Which should you have had, physical gold or that clearing house statement? Gold is cheap because of the condition of other things....<br /><br />http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/12/8_Jim_Sinclair_-_Why_Financial_System_is_Imploding_%26_What_to_Do.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-45983174698971384232011-12-08T13:39:58.329-07:002011-12-08T13:39:58.329-07:00You're right. He is full of it and it's oo...You're right. He is full of it and it's oozing out all over the place. Makes me wonder how many books were being kept.Hal (GT)http://twitter.com/gold_trackernoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-24181984656393829632011-12-08T13:22:29.322-07:002011-12-08T13:22:29.322-07:00LOL. I was done for a while but I become extremel...LOL. I was done for a while but I become extremely irritated reading Corzine's testimony and this was my "couch" outlet.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-70424155493609649782011-12-08T13:16:12.742-07:002011-12-08T13:16:12.742-07:00No seriously I'm done with commenting on MF GL...No seriously I'm done with commenting on MF GLOBAL scandal....No seriously! HAHAHHAHAHA love you double dDanielhttps://www.blogger.com/profile/07910724244984820443noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-70080286119281955702011-12-08T12:56:01.331-07:002011-12-08T12:56:01.331-07:00We No Longer Have A Justice System In The US
Sarb...We No Longer Have A Justice System In The US<br /><br />Sarbanes-Oxley requires him as the CEO of a company to (1) guarantee that effective risk controls and rules are in place and (2) monitor their compliance. It renders failure to do so -- that is, the old-fashioned "I didn't know" defense that was routinely used after 2000-era failures in the Internet space -- a felony.<br /><br />Now of course Mr. Corzine is entitled to the presumption of innocence and he is entitled to a trial before being pronounced guilty, but the law on this point is clear: Executives, the CEO and CFO in particular, are required under Sarbanes-Oxley to factually know about matters such as this and they are required to attest to that knowledge -- and the presence of appropriate and sufficient risk controls under penalty of felony indictment.<br /><br />It appears that Mr. Corzine has admitted in front of a Congressional Committee that he does not know, and therefore this appears to be a prima-facie admission that he is in direct violation of this law.<br /><br />If this is not dealt with on an expeditious fashion and the law is not enforced you have just seen proof on national television that there is no longer a rule of law in this nation of any substance.<br /><br />http://market-ticker.org/akcs-www?post=198805<br /><br />The investigation will go something like this...<br /><br />It will be unparalleled...<br /><br />http://www.youtube.com/watch?v=gF2WO-JZ0WY&feature=colikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-69813499409976307472011-12-08T11:36:37.724-07:002011-12-08T11:36:37.724-07:00Keep pressuring...let them know you're watchin...Keep pressuring...let them know you're watching..<br /><br /><br />Warren is Tapped by Congressman Dennis Cardoza <br /><br />http://www.youtube.com/watch?v=-cqJ5x0ctqg&feature=colikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-72208437399911589042011-12-08T11:34:01.664-07:002011-12-08T11:34:01.664-07:00Asleep at the switch...who knew?..I thought it was...Asleep at the switch...who knew?..I thought it was a requirement for regulatory auditing...<br /><br />The MF Global Hearing asks the CFTC "Are you the primary regulatory auditor of MF Global?" the answer comes back NO! the DSRO (CME) was the primary regulatory auditor. Why then did MF Global fail if it was passing CME regulatory audits? Could it be a problem with the fox managing the hen house?<br /><br />http://www.youtube.com/watch?v=0Z2JMyUCRh4&feature=colikeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-66876863385190407662011-12-08T11:25:19.923-07:002011-12-08T11:25:19.923-07:00Corzine trial update
http://www.youtube.com/watch...Corzine trial update<br /><br />http://www.youtube.com/watch?v=0kJAgf8jgTUBillnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-3062749647867956862011-12-08T11:12:51.490-07:002011-12-08T11:12:51.490-07:00Here's what Corzine was. He did not need to kn...Here's what Corzine was. He did not need to know anything, This was his purpose Too bring the sheep to the shearing.<br /><br />A rainmaker is any person who brings clients, money, or respect to an organization based solely on his or her association. Traditionally, the term "rainmaker" <br /><br />http://www.investopedia.com/ask/answers/08/rainmaker.asp#ixzz1fy4fCLCuBillnoreply@blogger.com