Did Jon Corzine lie to Congress? Why yes, yes he did

Cue the smoking gun:

Ruh Roh. Corzine told Congress he that he never ordered anyone to tap customer funds. And then he said he "simply doesn't know" where the money went.

Edith O'Brien knows, and she was acting on the direct orders of Jon Corzine.

Barry Zubrow, JPMorgan's chief risk officer, called Corzine to seek assurances that the funds belonged to MF Global and not customers. JPMorgan drafted a letter to be signed by O'Brien to ensure that MF Global was complying with rules requiring customers' collateral to be segregated. The letter was never returned to JPMorgan, the memo said.

So Mr. Corzine. Where's that letter? In your other pants?

Scooter Libby lied to Tim Russert and he (almost) went to jail, because the Democrats wanted to grandstand over the Valerie Plame kerfuffle. Now those same Democrats are desperate to spare Corzine from a similar fate. Because he's their "go-to guy" for financial wizardry.

Which actually explains a lot if you look at how they've managed to blow through all that Porkulus money and still not fix the economy.

Wouldn't it be great if a guy like Irving Picard could take time out from persecuting the Wilpon family and go after a Real Crook? Or are Jon Corzine's assets untouchable because (a) he's a big bundler for Barry, or (b) MF Global's clients aren't portrayed by the media to be hapless widows and orphans like all the schmucks who trusted Bernie Madoff?

Posted at 12:07 by Chris Wysocki   [/democrats]   Comments | Perm Link |
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