{"id":12935,"date":"2012-03-24T14:56:09","date_gmt":"2012-03-24T18:56:09","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=12935"},"modified":"2012-03-24T14:56:09","modified_gmt":"2012-03-24T18:56:09","slug":"where-did-the-money-go","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=12935","title":{"rendered":"Where Did The Money Go?"},"content":{"rendered":"<p>Yesterday <a href=\"http:\/\/www.bloomberg.com\/news\/2012-03-23\/mf-global-s-corzine-ordered-funds-moved-to-jpmorgan-memo-says.html\">Bloomberg.com<\/a>\u00a0posted an article\u00a0showing where some of\u00a0the money that disappeared from MF Global Holding Ltd. under the guidance of Jon Corzine might have gone. There is a memo showing Jon Corzine gave direct orders to transfer money from customer accounts to JPMorgan Chase &amp; Co.<\/p>\n<p>The article reports:<\/p>\n<p style=\"padding-left: 30px;\"><strong>Edith O\u2019Brien, a treasurer for the firm, said in an e-mail quoted in the memo that the transfer was \u201cPer JC\u2019s direct instructions,\u201d according to a copy of the memo obtained by Bloomberg News. The e-mail, dated Oct. 28, was sent three days before the company collapsed, the memo says. The memo does not indicate whether that phrase was the full text of the e-mail or an excerpt.<\/strong><\/p>\n<p>Jon Corzine testified before Congress in December:<\/p>\n<p style=\"padding-left: 30px;\"><strong>\u201cI never gave any instruction to misuse customer funds, I never intended anyone at MF Global to misuse customer funds and I don\u2019t believe that anything I said could reasonably have been interpreted as an instruction to misuse customer funds,\u201d<\/strong><\/p>\n<p>Whoops! It sounds as if Mr. Corzine has some &#8216;splainin&#8217; to do.<\/p>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px; height: 15px;\"><a class=\"zemanta-pixie-a\" title=\"Enhanced by Zemanta\" href=\"http:\/\/www.zemanta.com\/\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"float: right; border-style: none;\" src=\"http:\/\/img.zemanta.com\/zemified_e.png?x-id=0880dfea-79f3-44c0-8008-3a4c3bd42868\" alt=\"Enhanced by Zemanta\" \/><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday Bloomberg.com\u00a0posted an article\u00a0showing where some of\u00a0the money that disappeared from MF Global Holding Ltd. under the guidance of Jon Corzine might have gone. There is a memo showing Jon Corzine gave direct orders to transfer money from customer accounts &hellip; <a href=\"https:\/\/www.rightwinggranny.com\/?p=12935\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2512,2511,2513,2510,1271,842,1270,44],"class_list":["post-12935","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bloomberg-l-p","tag-bloomberg-television","tag-corzine","tag-customer","tag-jon-corzine","tag-jpmorgan-chase","tag-mf-global","tag-united-states-congress"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/12935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12935"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/12935\/revisions"}],"predecessor-version":[{"id":12936,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/12935\/revisions\/12936"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}