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Old 03-26-2012, 04:06 PM   #1
Ought Six
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Arrow MF Global: A New Hope In The Effort To Send A Wall Street Big Shot To Jail

http://finance.yahoo.com/blogs/daily...144500947.html
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Old 03-26-2012, 04:21 PM   #2
dharma
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Mr. Corzine's defense could be that he thought there was enough "excess" cash in the customer account that $175 million could be transferred out of it without breaching the level required by regulators. If that is, in fact, what Mr. Corzine thought, that's a perfectly reasonable defense.
Here's betting he skates. A prominent Demo pol convicted of financial malfeasance just before an election, with the Obama corruptocrats running the Justice Department? Right.
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Old 03-28-2012, 03:02 PM   #3
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Of course he knew about strategies , the risk involved and the trend of excess cash in the company. For people in his position 'thinking there's enough' doesn't really cut it.

Lets see what the DoJ makes of this.
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