Corzine Lied Then Or He’s Lying Now

If Jon Corzine can truly say “I simply don’t know where the money is” then why on Earth did he sign this…

Here’s the original on file with the SEC.

So why did he sign it if he didn’t know?  This sort of certification, signed under threat of going to jail, was Congress’s genius idea for preventing exactly the type of situation we have seen with MF Global.  Why doesn’t it work?  And if it truly can’t work, why do we keep the law with all of its other flaws?

Kevin Williamson brings up the big issue though…

Question: Why should we believe that the motives of people in (cough, cough) “public service” are different from the motives of people in the for-profit sector? Was Jon Corzine a rapacious self-seeker at Goldman Sachs, then a public-spirited man when he was in the Senate and in New Jersey’s governorship, only to revert to form when he went to MF Global? If you doubt that this is true, and suspect that Jon Corzine was the same guy all along, why would you want to give government more power?

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  • SigFan

    In liberal-world two lies on the same subject equal the truth.  It’s known as the law of inverse veracity.

    Corzine was, is and always will be a lying, self-serving, progressive crook.  And he’ll probably get away with it.

    • $8194357

      The bankers and politicians been screwin the folks for along long time..

      Securities & Investment: Money to Congress (Open Secrets)
      Top 2o Members (influence and lobbying money)
      Top 20 Members
      Obama, Barack (D)$10,059,210
      Clinton, Hillary (D-NY)$7,355,720
      McCain, John (R)$7,029,893
      Dodd, Christopher J (D-CT)$2,932,532
      Coleman, Norm (R-MN)$626,850
      McConnell, Mitch (R-KY)$620,236
      Emanuel, Rahm (D-IL)$600,500
      Sununu, John E (R-NH)$595,650
      Baucus, Max (D-MT)$547,500
      Durbin, Dick (D-IL)$515,475
      Biden, Joseph R Jr (D-DE)$432,450
      Lautenberg, Frank R (D-NJ)$424,233
      Shays, Christopher (R-CT)$362,720
      Reed, Jack (D-RI)$359,550
      Rangel, Charles B (D-NY)$329,850
      Lots of corrupt Dems – can you dig it?

       Obama “who got us into this mess”
      From Obama’s email to his deranged followers:The era of greed and irresponsibility on Wall Street and in Washington has created a financial crisis as profound as any we have faced since the Great Depression. This from the man who sucked up more dollars from the “greedy” and “irresponsible” than anyone and who employed:
      So who was in charge of Fannie Mae for 16 of the last 18 years?  Let’s start with James A. Johnson (no relation). Remember him? Barack initially tabbed him to head up the Vice Presidential search team. He was Walter Mondale’s campaign manager in the 1984 fiasco and chaired the search committee for John Kerry. But he started as Vice Chairman of Fannie Mae in 1990, quickly moved up to be the CEO, and left Fannie in 1999 as Chairman of the Executive Committee.

      And guess where he went? Fishing? Nope. He became one of the outside directors of the board of Goldman Sachs in 1999 and also served as the Managing Director of Corporate Finance for Lehman Brothers.

      The roles of Goldman Sachs and Lehman Brothers are important to understand if you are to make sense of Fannie Mae’s collapse. When Johnson moved to Goldman Sachs, the main man at Fannie was Franklin D. Raines. Late in 2005 Raines resigned from Fannie Mae, accused of being in charge when the books were cooked. The scheme is fairly simple. Raines and other top executives made bonuses if they hit specific earnings targets for the securities sold by Fannie Mae. They regularly hit those targets until it was discovered by the (SEC) Securities & Exchange Commission’s top accountant Fannie misstated earnings for 3 1/2 years, leading to an estimated $9 billion restatement that will wipe out 40% of profits from 2001 to mid-2004.
      JM points out the stunning gaffe Obama made in his press conference Tuesday afternoon, responding to McCain suspending his campaign and the economic crisis.
      Obama said, “If they [Congress] need me, call me.”  Wow! There could be no further contrast in leadership between these two men.  McCain rolls up his sleeves and says “let’s get something done.” And Obama says “call me if you need me.”
      When given an opportunity to serve his nation in a time of severe crisis, Barrack Obama decided that his own personal gain was more important. Stunning!

  • mikemc1970

    He is a Democrat so you should probably check his back pocket.

  • WOOF

    Good to see you guys joining the Occupy movement.

    • Thresherman

      Like the Occupy movement is going to attack Corzine or the union fat cat’s latest junket. 

  • ellinas1

    “If Jon Corzine can truly say “I simply don’t know where the money is” then why on Earth did he sign this…”
    Donny Baseball December 8, 2011.Where is the signature? I don’t see one.

    • gregb999

      The “/s/ John S. Corzine” indicates that it was an electronic signature.

      • ellinas1

        OK! Thank you for the info. I did not know that.

    • Onslaught1066

      If you weren’t so busy grooming young boys for sex you probably would have come across this little tidbit of info during your alleged extensive education.
      Of course if you were relying on government hand outs for your college then your matriculated edification was most likely truncated and you might be excused your woeful lack of knowledge.

      • ellinas1

        The felator has spoken.

        • Onslaught1066

          I notice you did not deny the reason for your willful ignorance.

          • ellinas1

            You never notice anything, geezer felator.

            Scroll up and look.

          • JayTeaNH

            Anyone else wishing ellinas and onslaught would just go get a room?


          • Onslaught1066

            Oh,Jay, (no relation,I think) we hear you knocking, but you can’t come in.

            Find someone else to play with.

          • ellinas1

            Why not let him in? What are you afraid of?

          • Onslaught1066

            That you’ll get goat juice all over him, you’re really very sloppy.

          • ellinas1

            That I have goat juice all over me, speaks to your sloppiness not mine. You are supposed to swallow, not spit.

          • ellinas1


          • Onslaught1066

            No you don’t, otherwise you would ignore me. You know like you promised then repeatedly broke that promise because like all democrats you are a congenital liar.
            Now stop crying, you’re getting that kids ass all wet.

          • ellinas1

            Why ignore you?
            You are fun to deal with, you geezer felator you!

          • Onslaught1066

            Well, then, don’t bitch, bitch.

          • ellinas1

            I am not the one bitching, bitch.
            Felator. You are the one constantly bitching about me and the Greeks.

      • Wayne

        I learned that they did not teach anything about the causes of WWII at the european schools that elameass attended so I think ‘alleged’ is an appropriate adjective.

  • DonnyB

    All SEC documents accessible online via the Edgar database use a “/s/” symbol to denote where a signature would appear in the original document on file…

    Your comment reveals to you to be a rube.

    • ellinas1

      This sort of certification, signed
      under threat of going to jail, was Congress’s genius idea for
      preventing exactly the type of situation we have seen with MF Global. 
      Why doesn’t it work?  And if it truly can’t work, why do we keep the law with all of its other flaws?
      Donny Baseball on 12/08/2011

      It does not work for the same reason murder laws do not prevent murder.
      The law punishes the perpetrator after the fact.
      But you already knew that.

      • NDSuperman

        I don’t know about that…there are a lot of people I know still alive due to murder being illegal

        • ellinas1

          You know people that were not murdered because the murderer had fear of the law?

          • Onslaught1066

            there’s you.

          • ellinas1

            Do you wish/want to murder me?

          • Onslaught1066

            No, just read about it.

          • ellinas1

            Hah, hah. Good luck.

  • $8194357

    Bankers and politicians……Since 1913……They are going to be the death of our Constituional republic….Democrats and communists,(but I repeate myself) started us on this slippery slope and Barry is the chosen one to finish us off it looks like. What haven’t the left done and blamed on the right to see Karl Marx’s vision of one world government domination ? Dang RHINO’s for decades figured “If ya can’t beat em, join them” as both sides of the ailse are “career crooks”. And both sides of the aisle fear Constituional Tea party folks messing with their “gravy train”.

  • Hal398

    Did you hear Corzine take one from the Obama playbook?  He tried explaining the missing $1.2 Billion in client money by claiming that he had only been there 19 months and was not sure what accounts may have been co-mingled before then.  The problem?  Before he became CEO, MF Global was a broker only, not an investment bank/hedge fund. 

    This is the guy that the Obama Administration has said they call when they need advise on financial matters.  It shows. 

  • Ratbite

    Of course he’s LYING. He’s a Marxist Democrats & they would not know the truth if it bit them. They have to LIE cuz folks will not buy their Marxist Socialism if they told us what they’d really do to us & the nation. LYING is second nature to a Marxist Democrat like Corzine.

  • Meyerjh

    Corzine in 2014—Oh!  Now I remember, I put it in my Swiss bank account. 

  • sbark

    He is a Dem’cat………and his lips are moving:  and you even have to ask if he is Lying?

  • 2hotel9

    “Corzine Lied Then Or He’s Lying Now”  Different day, yet another lie.

  • Hal698

    Rep. Colin Peterson D-MN looked like a fool at this committee hearing.  He clearly didn’t prepare and doesn’t understand much about business or the financial services industry.  It was painful to watch but illustrates why Washington, DC should be kept out of our lives as much as possible.

  • The White Tiger

    He is a Bankster …not a dem or rep he is a crimminal..

    • 2hotel9

      He is a career Democrat politician. Period. That alone makes a criminal.

  • The White Tiger

    Audit the Fed …