LOL! You Can't Make This Up! Corzine Can't Pay Investors but He Can Give 500K to Obama!

Personally, I do not think Jon Corzine is a crook.

He is a risk taker, but he just fucked up on a grand scale.

His company was raking in 38 to 45 million dollars a month betting on European debt.

. . . But just because you fucked up at your old company yesterday does not mean that you cannot place a smart bet on a good horse today!

I don't see why President Obama should refuse donations from people who have made mistakes. If that was the case then there would be nobody qualified to donate to his campaign.
Originally Posted by Fast Gunn

He is a fucking crook. He stole people's money out of their accounts, and he hid obligations off his balance sheet so that he could appear solvent. Sheesh!

Personally, I do not think Jon Corzine is a crook.

He is a risk taker, but he just fucked up on a grand scale.

His company was raking in 38 to 45 million dollars a month betting on European debt.

. . . But just because you fucked up at your old company yesterday does not mean that you cannot place a smart bet on a good horse today!

I don't see why President Obama should refuse donations from people who have made mistakes. If that was the case then there would be nobody qualified to donate to his campaign. Originally Posted by Fast Gunn

You are a Funny dude. That is fuking halarious. Keep it up. I need some good laughs. Thanks

I am not trying to be funny, just trying to educate some of you bums, but apparently it is in vain.

Jon Corzine was a man on a mission of redemption. He desperately wanted his reputation back as a master of the universe and willing to pay any price.

He poured his heart and soul into his company arriving at this company at 6 am after running 5 miles.

He knew the European community desperately needed money and he could provide it for a tidy profit.

At first, his huge gamble paid off grandly and he was becoming a rock store right up to the time that the rating agencies saw how precarious his system was and downgraded his credit rating.

Then started people clamoring for their money and he had the equivalent of a run on his bank.

The scary fact of life is that just about any bank can suddenly go bankrupt if enough people get spooked by fact or fiction and start withdrawing their money in droves.

. . . Without money to fund operations, a bank will go bankrupt and sadly, that is essentially what happened to M. F. Global.

I am not trying to be funny, just trying to educate some of you bums, but apparently it is in vain.

Jon Corzine was a man on a mission of redemption. He desperately wanted his reputation back as a master of the universe and willing to pay any price.

He poured his heart and soul into his company arriving at this company at 6 am after running 5 miles.

He knew the European community desperately needed money and he could provide it for a tidy profit.

At first, his huge gamble paid off grandly and he was becoming a rock store right up to the time that the rating agencies saw how precarious his system was and downgraded his credit rating.

Then started people clamoring for their money and he had the equivalent of a run on his bank.

The scary fact of life is that just about any bank can suddenly go bankrupt if enough people get spooked by fact or fiction and start withdrawing their money in droves.

. . . Without money to fund operations, a bank will go bankrupt and sadly, that is essentially what happened to M. F. Global.


Originally Posted by Fast Gunn

Redemption? So your saying Corzine lied, cheated and stole for 'legitimate' reasons? You are not to be believed!

Personally, I do not think Jon Corzine is a crook.

He is a risk taker, but he just fucked up on a grand scale.

His company was raking in 38 to 45 million dollars a month betting on European debt.

. . . But just because you fucked up at your old company yesterday does not mean that you cannot place a smart bet on a good horse today!

I don't see why President Obama should refuse donations from people who have made mistakes. If that was the case then there would be nobody qualified to donate to his campaign. Originally Posted by Fast Gunn

You are so mixed up. Republicans who destroy our economy with get-rich-quick Wall Street schemes are allowed to continue to make huge contributions to the GOP candidates that enabled their get-rich-quick schemes. Nobody else can do that....get over it.

I got a better idea, Timmy. Let's out them and name them all, Dem, GOP, or any other party. Wouldn't it be nice to see a non-corrupt campaign at least once? I know, that's a fairy story, but we can hope. Makes more sense than saying, "Hey, if you get to make corrupt contributions, I can too!"

And IB, you have to understand FG. If a Democrat does something, it MUST be ok, because ALL Democrats are honest and hard working. If a Republican or other non-Democrat does something, it is evil because ALL Republicans and other non-Democrats are self-interested, lying hypocrites. See, it's easy when you understand their language. You see, Corzine made a $1.2 BILLION mistake. "Hey, it could happen to anybody! Hahahaha! Fuggetaboudit! It's misplaced, I'm sure it's around here somewhere, I'll clean out my garage, and if I find it, I'll call you."

But be careful, he's been known to issue death threats if you disagree with him. I'm not sure how stable he is, but I'd be careful.

You are so mixed up. Republicans who destroy our economy with get-rich-quick Wall Street schemes are allowed to continue to make huge contributions to the GOP candidates that enabled their get-rich-quick schemes. Nobody else can do that....get over it. Originally Posted by timpage

Little Timmy is forgetting Jon Corzine was a former CEO of Goldman Sachs (where he personally made $400 million) before being a partisan Senator and then CEO of MF Global – Goldman Sachs played a big role in the subprime mortgage meltdown. Plus:

"I don't think the irony should be lost on anyone that while Democrats are making these attacks they've accepted twice as much money from Wall Street as Republicans," said Brian Walsh, a spokesman for the National Republican Senatorial Committee.
http://www.usatoday.com/news/politic...onations_N.htm

Friends (contributors) of Obama 2008
Goldman Sachs . . . . .. .$1,013,091
JPMorgan Chase & Co . . . $808,799
Citigroup Inc . . . . . . . . . $736,771
UBS AG. . . . . . . . . . . . . $532,674
Morgan Stanley . . . . . . . $512,232
Latham & Watkins . . . . . $503,295
http://www.opensecrets.org/pres08/co...?cid=N00009638

So much for Little Timmy's theory.

I will strongly disagree with you. Corzine is a crook because he stole money from private accounts to cover his bad trades. He made a bad situation worse, and should be in jail. Not only did he steal the money from accounts, but those accounts were frozen so people could not hedge risk and lost lots of money because they couldn't trade.

Personally, I do not think Jon Corzine is a crook.

He is a risk taker, but he just fucked up on a grand scale.

His company was raking in 38 to 45 million dollars a month betting on European debt.


Originally Posted by Fast Gunn

As you would say COG....whatever. The point is, and speaking of integrity, it's another patently untrue post by you. Nice going. Originally Posted by timpage

You would think a tax attorney would know just how stupid COG's post truly was.

DOOVE! You're back, man! I've missed you! And you have greeted me with your usual irrelevant and unrelated to topic and fact post! Cool! I feel like we're getting the band back together!

Nice to see you, man!

Stability is really the last thing you know anything about, codger.

Just don't forget to take your meds and you might be semi-coherent in the morning.

. . . Where is that orderly!

And IB, you have to understand FG. If a Democrat does something, it MUST be ok,
But be careful, he's been known to issue death threats if you disagree with him. I'm not sure how stable he is, but I'd be careful. Originally Posted by CuteOldGuy

Let the Games begin! DOOVE is back. What up Dude?

DOOVE! You're back, man! I've missed you! And you have greeted me with your usual irrelevant and unrelated to topic and fact post! Cool! I feel like we're getting the band back together!

Nice to see you, man!

Originally Posted by CuteOldGuy

yes, unfortunately, so is his joker avatar. it is annoyingly irritating.

The Joker does sometimes make good points, but you have to wonder why anyone would choose the Joker for their avatar.

. . . He did give the mighty Batman a run for his money in the last movie, but the guy was clearly deranged!