There is so much news zooming around these days that I want to take a moment to talk about a really important story that got little play in the media. Specifically, Jon Corzine is about to be sued civilly by the Commodities Trading Commission for his part in the collapse of the trading firm he headed. We know that close to one billion dollars somehow was taken from customers' accounts and that the money "disappeared". Allegedly, the funds were used for independent trading bets made by Corzine's company in the bonds of various European nations (and then lost).
Despite the extremely questionable trades made by Corzine's company, the Department of Justice just stepped back and let Democrat heavyweight Corzine get off completely without consequence. Just imagine if Corzine had been a conservative Republican! They would have sent the IRS and the DOJ to hound him for the rest of his days, but as a Democrat, there were no consequences.
The Commodities Trading group is an independent agency that does not answer to the president directly. That allows the group to act in the best interests of the country rather than in the interests of the Democrat party. Corzine certainly appears to have liability for what happened, and he should be held responsible for his conduct.. Bravo for the commission for acting where the Obamacrats had circled the wagons around their crony.
Despite the extremely questionable trades made by Corzine's company, the Department of Justice just stepped back and let Democrat heavyweight Corzine get off completely without consequence. Just imagine if Corzine had been a conservative Republican! They would have sent the IRS and the DOJ to hound him for the rest of his days, but as a Democrat, there were no consequences.
The Commodities Trading group is an independent agency that does not answer to the president directly. That allows the group to act in the best interests of the country rather than in the interests of the Democrat party. Corzine certainly appears to have liability for what happened, and he should be held responsible for his conduct.. Bravo for the commission for acting where the Obamacrats had circled the wagons around their crony.
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