August 16, 2012

Wait ... The Feds Haven't Talked to Jon Corzine Yet?

Ummm, I couldn't help but notice this little doozy of an admission while I was scanning Hot Air this AM:

A criminal investigation into the collapse of the brokerage firm MF Global and the disappearance of about $1 billion in customer money is now heading into its final stage without charges expected against any top executives.

After 10 months of stitching together evidence on the firm’s demise, criminal investigators are concluding that chaos and porous risk controls at the firm, rather than fraud, allowed the money to disappear, according to people involved in the case....

In the most telling indication yet that the MF Global investigation is winding down, federal authorities are seeking to interview the former chief of the firm, Jon S. Corzine, next month, according to the people involved in the case. Authorities hope that Mr. Corzine, who is expected to accept the invitation, will shed light on the actions of other employees at MF Global.

They've been investigating MF Global for TEN MONTHS and STILL HAVEN'T TALKED TO THE HEAD OF MF GLOBAL, FORMER DEMOCRATIC SENATOR JON CORZINE?????

SHOULDN'T HE HAVE BEEN THE FIRST PERSON THEY TALKED TO??

WTF?!?!?!!!!!

Mel Brooks said, "It's good to be the King." Maybe, but it's also good to know the King.

/rant

I'm in a bad mood. It's probably all the faculty meetings. Or Bush. Let's blame him.

By Rusty Shackleford, Ph.D. at 11:39 AM | Comments |