Have you been following the news about the collapse of the hedge fund MF Global? You know the hedge fund that was headed by Jon Corzine, former US Senator, former Governor of New Jersey, former CEO of Goldman Sachs.
How does a guy with his background have the nerve to testify before the U.S. Congress, that “he doesn’t know where the money went”? He was the CEO – he’s supposed to know what’s going on in his own firm.
Read about it here: http://cnnmon.ie/rO1IGQ
Even a captain goes down with his ship; but not Corzine, he resigned. http://cnnmon.ie/tE1cys
And it all started with this earlier post: http://reut.rs/sOurWA
How much longer are the American people going to sit back and let this kind of nonsense continue? Call and write to your elected representatives now. Don’t ignore these issues.
Even after all the financial chaos that’s occurred since the fall of 2008, these financial shenanigans are still happening. We need more government regulation of the financial industry. Believe it!