Jon Corzine On MF Global Collapse: 'I Simply Do Not Know Where The Money Is'

jon corzine mf global Jon Corzine On MF Global Collapse: 'I Simply Do Not Know Where The Money Is'
Jon Corzine (Getty)

Former New Jersey Governor Jon Corzine is set to tell a House committee he has no idea what happened to customer money that went missing when his brokerage firm, MF Global, went bankrupt in October. In testimony prepared for his appearance before the House Agriculture Committee later today, Mr. Corzine said, “I simply do not know where the money is, or why the accounts have not been reconciled to date.” Continue reading “Jon Corzine On MF Global Collapse: 'I Simply Do Not Know Where The Money Is'”

Roundup: Rangel Returns; Liz Kruger Takes Cuomo's Tax Plan To Task

Charlie Rangel said he isn’t retiring any time soon.

State Senator Liz Krueger said she has some concerns about Governor Cuomo’s new tax plan.

Occupy Wall Street protesters launched an effort to take over foreclosed homes.  Continue reading “Roundup: Rangel Returns; Liz Kruger Takes Cuomo's Tax Plan To Task”

RNC Chairman Reince Priebus Demands President Obama Return Corzine Campaign Cash

reincepriebus RNC Chairman Reince Priebus Demands President Obama Return Corzine Campaign Cash
Reince Priebus (Getty)

Republican National Committee Chairman Reince Priebus is demanding President Obama return $500,000 in campaign contributions Jon Corzine raised on his behalf now that the FBI is reportedly investigating the collapse of Mr. Corzine’s hedge fund brokerage, MF Global. Continue reading “RNC Chairman Reince Priebus Demands President Obama Return Corzine Campaign Cash”

Roundup: We Are The 44%

In New York, “The 99%” is actually more like 44%.

Bronx Borough President Adolfo Carrion reportedly has his eye on Gracie Mansion.

The Suffolk County Executive race is turning into a proxy war between Governor Cuomo and former Governor Pataki.

Deputy Mayor Howard Wolfson did lunch at Zuccotti Park. Continue reading “Roundup: We Are The 44%”

Roundup: Shelly Silver Started The Fire

Assembly Speaker Sheldon Silver said Occupy Wall Street is following his lead on the “Millionaire’s Tax.”

The FBI was watching former Queens Congresswoman and Republican Democratic Vice Presidential nominee Geraldine Ferraro.

Democratic State Senator Adriano Espaillat organized a march in Washington Heights in solidarity with Occupy Wall Street.

MF Global, a hedge fund brokerage headed by former New Jersey Governor and Senator Jon Corzine, filed for bankruptcy Monday. The New York Times is calling the firm’s collapse “the first American financial casualty of the European debt crisis.” Continue reading “Roundup: Shelly Silver Started The Fire”