[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Too Freak-Off to Check: Diddy Trial Confirms Link to Trump Club Shooter?

US official admits misleading Trump on US troop numbers in Syria

Iran pitches joint nuclear venture with US NYT

For The First Time, Common Hospital Superbug Found To Break Down Medical Plastics

Is One Of The Worlds Largest Supervolcanoes About To Erupt?

Fusion Power Just Got Real: New Method to Remove Heat From Tokamak Plasma Solves One of Nuclear Energys Biggest Obstacles

India's little war hands Pakistan wins on multiple fronts

Newly Discovered Ancient Tools Shatter Accepted Timeline of Civilization and Rewrite Humanity's Deep Past

'Is It Being Investigated?': Paul Questions RFK Jr. About Incident Involving Ebola At Fort Detric

Enraged England Produces SHOCK Response

Crime SWEEP or Political WAR?

DISTURBING: Experts Sound Alarm Over MOLECULAR CHAOS in Covid-Vaccinated

The misconception that they can demand not to be touched while they are being arrested is peak child like behavior

New York University is withholding a studentÂ’s diploma after he spoke out against IsraelÂ’s brutal war on Gaza

Is This The Most Honest Interview Ever? (Immigration)

Ava Gardner Smitten By Marine Medal of Honor winner

Scientifically proven diet to boost your Testosterone!

Stop Walking 10,000 Steps/Day (do 10 minutes of intense exercise)

4 Ways to Detox Your Body From Toxic Microplastics (backed by science)

TRump Negotiating 3 deals without Israel

Nobody on this list has a chance.

The 76 shots that children in this country receive None of them have been safety tested in pre-licensing studies against a placebo

3M Settles New Jersey's 'Forever Chemicals' Contamination Lawsuit For $450 Million

Big Daily News

What does public school do to children?

Guilty of Transphobia?

Elizabeth Warren has claimed, "Check my website. I don't take contributions from Big Pharma executives.

Walmart Is Preparing to Welcome Its Next Customer: The AI Shopping Agent

Mehdi Hasan debunks top 7 lies about Gaza

Why The Qataris Are Happy To Dump Their 747 On Trump


Editorial
See other Editorial Articles

Title: Where in the World Is Jon Corzine? CNBCCNBC – 3 hours ago
Source: [None]
URL Source: http://finance.yahoo.com/news/where-world-jon-corzine-175229463.html
Published: Dec 1, 2011
Author: http://finance.yahoo.com/news/where-worl
Post Date: 2011-12-01 16:55:26 by tom007
Keywords: None
Views: 233
Comments: 7

Where in the World Is Jon Corzine? CNBCCNBC – 3 hours ago

1 Email Print

When was the last time anybody saw Jon Corzine?

For several days following the bankruptcy of MF Global, Corzine was regularly appearing in the office. Sources at MF Global told me he spent his days in conference rooms with teams of lawyers and accountants. Then he abruptly resigned as chief executive.

And for his next act, he vanished.

Corzine is not an ordinary chief executive. As a former US Senator and former Governor of New Jersey, he is a public figure. He was even under consideration to be the next Treasury Secretary.

As one of the few people who can answer questions about what happened to MF Global-how it went from a healthy midsized commodities brokerage to a fatality-Corzine should be in front of the public offering explanations. He used publicity to climb his way to the top of America's power-structure, and now he's trying to hide. This seems unfair.

The explanation, no doubt, is that his lawyers have told him to keep quiet. They realize that there is a very high risk that civil and criminal cases may be filed against Corzine. As they say on the cop shows, anything he says can and will be used against him.

This strategy may protect Corzine legally. But it won't save his reputation.

Every day of silence, every day of invisibility, just adds to the public impression that Corzine is not an honorable man.

The legal system may have to presume people innocent until proven guilty. It may have to promise not to hold silence against the accused. But ordinary thinking people are under no such constraints.

Corzine may be able to hide from cameras. Perhaps even from the Senate's panel investigating the collapse of MF Global. But he can't hide from public suspicion. And silence will never save his reputation.

Questions? Comments? Email us at NetNet@cnbc.com

Follow John on Twitter @ twitter.com/Carney

Follow NetNet on Twitter @ twitter.com/CNBCnetnet

Facebook us @ www.facebook.com/NetNetCNBC

More From CNBC

Super Committee Needs More Time For Plan: Hoyer Karl Denninger, Tea Party Founder Writes 'How Cheap Money Will Destroy The World' Hot Zynga IPO to Price December 15

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: tom007 (#0)

On AJ's show today, Max Kaiser wished a FATWAH on Corzine several times.

Break the Conventions - Keep the Commandments - G.K.Chesterson

Lod  posted on  2011-12-01   16:59:10 ET  Reply   Trace   Private Reply  


#2. To: Lod (#1)

Bet he said it like he meant it.

"Satan / Cheney in "08" Just Foreign Policy Iraqi Death Estimator

tom007  posted on  2011-12-01   17:08:33 ET  Reply   Trace   Private Reply  


#3. To: tom007 (#2)

He would have pulled the trigger himself.

Break the Conventions - Keep the Commandments - G.K.Chesterson

Lod  posted on  2011-12-01   17:31:30 ET  Reply   Trace   Private Reply  


#4. To: Lod (#3)

Like a lot of his clients, errr, victims.

"Satan / Cheney in "08" Just Foreign Policy Iraqi Death Estimator

tom007  posted on  2011-12-01   19:12:33 ET  Reply   Trace   Private Reply  


#5. To: tom007 (#0)

Where in the World Is Jon Corzine?

He's on an island with Ken Lay sipping cocktails.

" If you cannot govern yourself, you will be governed by assholes. " Randge, Poet de Forum, 1/11/11

"Life's tough, and even tougher if you're stupid." --John Wayne

abraxas  posted on  2011-12-01   19:44:33 ET  Reply   Trace   Private Reply  


#6. To: tom007 (#0)

In 2007 Corzine was involved in a serious accident when his driver, a NJ State Trooper rolled the governor's hard car SUV. Corzine wasn't wearing a seat belt.

It may not be made public but he has a built-in defense-a whisper campaign for his DEM politician and judge buddies. If they leak it that Corzine's in Sweden undergoing experimental treatment for "penile fracture" he'll immediately win the sympathy of all other men in power and he won't have to answer for anything.

HOUNDDAWG  posted on  2011-12-01   19:44:53 ET  Reply   Trace   Private Reply  


#7. To: tom007 (#0) (Edited)

Every day of silence, every day of invisibility, just adds to the public impression that Corzine is not an honorable man.

LOL!

He's probably at his estate in the Cook Islands. They all have estates there, don't they?

ratcat  posted on  2011-12-01   22:24:40 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]