Corzine on MF Global Depositor Funds: “I simply do not know where the money is”

By: David Dayen Thursday December 8, 2011 6:55 am

Former Senator Jon Corzine faces a House Agriculture Committee panel today, where he will testify that he doesn’t know “where the money is” from customer accounts that was used by his former company, MF Global, to trade on the company account. Joe Weisenthal points us in the direction of Corzine’s testimony, which he will give [...]

Revolving Door Watch: Goldman Alums on Opposite Sides of Regulatory Inquiry

By: David Dayen Monday November 7, 2011 2:22 pm

The Jon Corzine MF Global case looks pretty cut and dried. Corzine, who has resigned as chairman and CEO of the firm, presided over the company when they went bankrupt and as they used reportedly hundreds of millions in customer funds to make bets on their own account, in violation of federal statutes. He has [...]

Report: MF Global Admits Using Customer Funds

By: David Dayen Tuesday November 1, 2011 3:03 pm

With this latest twist, the MF Global scandal officially got real. MF Global, the failed securities firm led by Jon Corzine, admitted using clients’ money as its financial troubles mounted, a federal official says. An MF Global executive admitted that to federal regulators in a phone call early Monday after regulators discovered money missing from [...]

Jon Corzine’s MF Global Investigated for Missing Customer Funds

By: David Dayen Tuesday November 1, 2011 6:55 am

In Greece they’re going back to the days of direct democracy with a referendum on the debt-relief-for-austerity deal. Here in the US, we’re reliving some ancient history too – specifically, 2008. Jon Corzine’s MF Global just engaged in a Lehman-like crash. One annoying detail: they appear to have stolen customer money in the process: Federal [...]

NJ-Gov: Polls Extremely Tight

By: David Dayen Monday November 2, 2009 11:08 am

The new polls in the New Jersey Governor’s race have good news for Chris Christie and Jon Corzine, depending on which one you read. Quinnipiac: Christie 42, Corzine 40, Daggett 12 Survey USA: Christie 45, Corzine 42, Daggett 10 Monmouth: Corzine 43, Christie 41, Daggett 8 Democracy Corps: Corzine 41, Christie 37, Daggett 15 Every [...]

Bifurcation Between NJ and VA Polls Show Difference In Playing To Base

By: David Dayen Tuesday October 27, 2009 9:53 am

There’s a week to go in the key gubernatorial races in New Jersey and Virginia. A Democratic Governor’s Association conference call yesterday sought to manage expectations, saying that the party out of the White House has come back to win both governorships in five straight elections, and if Republicans lose one of these races they [...]

NJ-Gov: Corzine 42, Christie 33 In New Poll

By: David Dayen Monday October 26, 2009 8:44 am

The latest poll from Suffolk University shows Democrat Jon Corzine pulling away in the New Jersey Governor’s race, holding a 42-33 lead over Republican Chris Christie, with independent Chris Daggett receiving just 7% of the vote, far less than other polls show. Unlike other polls, the Suffolk poll reflected the actual number of candidates that [...]

NJ-Gov: Corzine Takes Slight Lead

By: David Dayen Thursday October 22, 2009 7:29 am

The latest poll from New Jersey has both major-party candidates under 40% with independent Chris Daggett rising to 20% for the first time. But the poll also shows Gov. Jon Corzine with a three-point lead, 39-36, over Chris Christie. Christie has been dogged this week by that New York Times report showing the US Attorney [...]

NJ-Gov: Christie’s Mole In NJ US Attorney’s Office Working On His Political Behalf

By: David Dayen Tuesday October 20, 2009 5:00 am

That’s Chris Christie, the former US Attorney and GOP candidate for Governor in New Jersey, explaining that he raised money for George W. Bush (over $350,000, to be exact) and that he was appointed USA in New Jersey “because, in part, I had a relationship with the President of the United States.” Obviously loyalty meant [...]

NJ-Gov: Biden And Obama To Stump For Corzine; Daggett The Key

By: David Dayen Thursday October 15, 2009 1:18 pm

Jon Corzine will get both the President and the Vice President to campaign for him in the final weeks of his re-election battle against Republican Chris Christie and Independent Chris Daggett. After word came yesterday that President Obama would hit the campaign trail, Vice President Biden followed suit today, with an announcement of his attendance [...]

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