NY Corzine Lawsuit Advances

Hilldawg hugging Jon Corzine

By Matt Rooney | The Save Jersey Blog

Hilldawg hugging Corzine
Hilldawg hugging Corzine

Good news from the federal bench, Save Jerseyans (h/t ABC News):

The judge said allegations by the agency, the Commodity Futures Trading Commission, provide “reasonable inferences” that Corzine illegally transferred funds from customer-segregated accounts while he was chief executive officer of the New York City-based MF Global Holdings Limited. More than $1 billion in customer money vanished. A former MF Global assistant treasurer is also accused.

The judge, Victor Marrero, rejected efforts by Corzine’s lawyers to dismiss the lawsuit and other lawsuits making similar claims. He said he must accept the claims as true at this early stage of the litigation.

Why do bad things happen to good people? =)

In all seriousness, Jon “M’Fn Global” Corzine could be in for a world of hurt this time around. Need to catch up on this story? Click here to visit our MF Global scandal archive. And stay tuned…

Matt Rooney
About Matt Rooney 8537 Articles
MATT ROONEY is SaveJersey.com's founder and editor-in-chief, a practicing New Jersey attorney, and the host of 'The Matt Rooney Show' on 1210 WPHT every Sunday evening from 7-10PM EST.

5 Comments

  1. Do I have to send you a transcript of the interview or do you want to watch it. “Committee for Our Children’s Future” is a front group of the Kochs who pretend it was started by Christie’s friends who didn’t have $6 million between them. Once the Kochs started funding Christie’s campaign for President so they can push their agenda to stop all regulations for common people and give the billionaires an advantage, it is illegal for him to do their bribery schemes. Check out the Gov of Virginia and his wife to see how bribery ends up. Christie’s career is over. He is one more politician that has sold his soul to the Kochs. If you really want to “Save New Jersey,” start by dumping this crook.

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