Jon Corzine Receives Third Subpoena From Congress; Update: ‘I Simply Do Not Know Where the Money Is’
**Written by Doug Powers
Under congressional rules I believe he’s now qualified to get his fourth subpoena for free.
From Politico:
The hits just keep coming for former New Jersey Gov. Jon Corzine.
A House Financial Services subcommittee unanimously agreed to subpoena the Democrat for questioning about his role in the collapse of the now-bankrupt brokerage firm MF Global.
“We want to find out what happened to the customers’ money,” said Rep. Randy Neugebauer (R-Texas), chairman of the Oversight and Investigations Subcommittee. “We want to know what was going on in the regulatory world … and we also want to know what was going on inside the corporation. We think we need to understand that.”
[...]
This is the third congressional subpoena in less than a week for the former New Jersey governor, who was knocked out of office by Chris Christie in 2009 and whose name has been floated as a potential Treasury secretary candidate for the Obama administration.
If Rep. Neugebauer wants to know what happened, Jon Corzine is probably the last person he’ll want to ask. Corzine may well end up going Solyndra exec on steroids and take up residence behind the Fifth Amendment when he appears — if anybody can find him, that is.
Update: What a surprise… Corzine is expected to take Five at his first hearing tomorrow.
Update II: While he may invoke the Fifth Amendment in some of the lines of questioning, Corzine will still deliver a prepared opening statement, which is here (PDF). The CliffsNotes version: “I simply do not know where the money is.”
**Written by Doug Powers
Twitter @ThePowersThatBe
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I’m so glad democrats are morally superior…/sarc
But isn’t this all about wealth redistribution? Taking the cash from the customers and redistributing it among the company execs?
Ha! Corzine had his bevy of lawyers look up countries with non-extradition treaties. Dude is in the wind with access to billions of dollars in a Cayman bank. Anybody check Argentina to see if he showed up there?
Senator: I demand that you come and testify before us! Come at once, or I’ll demand it again!
Since they won’t actually hold anyone in contempt, they’re about as forceful as a London bobby with a whistle.
Wow! Hat trick!
Time to answer a few questions, scumbag
Behind the Fifth Amendment is the first place I`d look for him, right next to some South Sea island cuties in grass skirts….on some little island nation with no extradition treaty with the U.S.
Here’s hoping he finds Jimmy Hoffa’s bunker under Giant’s stadium.
Well by golly, this seems more subpoenas than holder has gotten? Both need to be in prison with a HUGE guy that doesn’t take a bath and just loves new guys in his cell!
L
SPG,
Exactly, why hasn’t his Passport been yanked? Talk about a flight risk, let’s see, connected -around- the globe, not complying, oh… and he has $1.2 bil stashed ‘somewhere’?
Nothing to see here folks! Just convict him in absentia and move on to the next Obamacrony.
And the odds of us getting REAL answers….in our lifetime?
Guess this makes Corzine a shoe in for Treasury Secretary.
Or next Gov of Illinois….
Joliette desperately needs a young tight end. Nothing but old wide receivers these days.
Part of me wonders if his “invsetment partners” might make sure he stays missing.
WaterBoyz,
Courtesy of Ann Barnhart ( h/t Pasadena Phil ) we already HAVE our answers. There’s nothing complex here. Commodity and Futures trading dates back to the Silk Road.
This was theft, pure and cynical (TM) Oh sure, The Great Corzini will try to pull a rabbit out of a hat come court time, if he ever shows but we know the drill. Btw, since this broke, there’s been a number of us that’ve made comments about his heritage. Never any insult intended toward our posters of Italian descent. Seriously.
He’s more than likely just in discussions with the Administration about his future role as Treasury Secretary during the Obama second term, which are being conducted with the openness and transparency that are a hallmark of the Obama crime family.
Isn’t he a Constitution hating lefty? Then maybe he should not be able to take the 5th.
Corzine is a liberal elitist. Don’t send him SUBpeonas. He doesn’t reach down any further than his zipper. Send him Superpeonas.
Mmm I like sopapillas!
Wait… that’s not right…
Send Guido……..
I’d put money on him never being charged, despite the largest swindle yet. (this does beat Bernie Madoff, doesn’t it?)
Well, if he was taking steriods and playing baseball, he would have already been to Congress and indicted for perjury already. Geez. Priorities man.
I’ll gladly take a young tight end over an old wide receiver!
Oh, wait – you were talking about football. Never mind.
Regards,
Peter H.
That reminds me – I’m almost out of rum.
Joe thinks he’s smart. Vice President Joe Biden on the stump for Jon Corzine: “The reason why we called Jon is because we knew he knew about the ecomony. About world markets. About how we had to respond, almost unlike anyone we knew…. And we trusted his judgment.”
No, see, the fifth is when you say, “I refuse to answer that question on the grounds that I imbezzled, ripped of and swindled thousands of investors, and need a little more time to get all the money into offshore accounts.” Or something.
Then again, Captain Morgain Private Stock is pretty smooth.
Didn’t the gubmint get caught providing $250 billion of Medicare $’s on superpeonas pumps?
Oh, wait…. never mind.
Make him surrender his passport. He probably knows where some of it is and becha it ain’t in the USA.
He says he doesn’t know where it is, perhaps technically true, as he likely doesn’t know exactly which offshore account has which investors funds.
Corzine should share a cell with Bernie Madoff. They can argue for the next few decades about who was the biggest scammer.
I’d bet on it.
Michelle, Doug… we need a thread on this:
WH Classifies Ft. Hood Massacre as Workplace Violence.
Un. Freaking. Believable.
…. and Bernie Madoff is the poster boy for Wall Street corruption? Unbelieveable. I would rather have our country deal with a thousand Bernie Madoffs than one Barack Hussein Obama.
Question: Mr Corzine, where did all the money go?
Mr Corzine : Mmmmmmmmmmmmmmm Potato Chipsssssssssssssssssss
Off-topic, but this is another smoking gun that could drop Obama and his apparachiks like pole-axed hogs. And CBS no less, is running with it.
Documents: ATF used “Fast and Furious” to make the case for gun regulations
Corzine: Of course I don’t have my underwear. I’m definitely not wearing my underwear.
Corzine: Uh oh, fifteen minutes to Judge Wapner.
I would love the NSA to sift through all the accounts in the Grand Caymans and Switzerland. How many corrupt politicans in America and around the world could be prosecuted as a result? And I’ll gladly wager that 90% are Liberals and Marxists.
K-Mart sux.
The Culture of Corruption
This has to be the Rep strategy against the Dems this season. “Enemy infantry in the open, adjust and fire for effect.”
Fox News is reporting that Corzine will show up and NOT take the fifth…hmmm. More “I didn’t read those emails…” methinks. His lawyers have already informed him that HIS money has been secured and accounted for.
Corzine: We have pepperoni pizza for dinner Monday nights.
Susanna: Pizza? You get pizza in an institution?
Corzine: Monday night is Italian night.
Doctor: Jon, do you know how much a candy bar costs?
Corzine: ‘Bout a hundred dollars.
Doctor: Do you know how much one of those new compact cars costs?
Corzine: ‘Bout a hundred dollars.
Doctor: Jon, do you know what autistic is?
Corzine: Yeah.
Doctor: You know that word?
Corzine: Yeah.
Doctor: Are you autistic?
Corzine: I don’t think so. No. Definitely not.
Liar, liar, pants on fire.
When will we hold politicians accountable for their dishonesty? Don’t tell me, I already know. Never unless he’s a Republican.
translation: I can’t tell you or I’ll end up committing suicide with a shotgun blast to the back of my head.
I suspect 6 million ‘people’ will make the max campaign contribution that doesn’t have to be reported ($200) for Oblamer’s and other Dems’ re-election… all drawn from the same account. But, since the most basic online controls have been disabled, no one will know.
Where could that money be? Let’s see:
1. Underneath Obama’s desk?
2. In Michelle’s checking account?
3. In Barney Frank’s IRA?
4. In Pelosi’s purse?
Those are my best guesses.
Sounds like the Clinton’s, “I didn’t know anything about it until I read it in the papers”. Ever wonder how these guys that don’t know anything become the CEO of a company or President of our country?
Where’s the money?
Corzine: “I’m not sure, I think Bill had it last.”
Corzine: Well, I put it in the pocket I keep my handkerchief in, and I had a cold that day. So…
George Obowmao Bailey: [yelling at Uncle Corzine] Where’s that money, you silly stupid old fool? Where’s that money? Do you realize what this means? It means bankruptcy and scandal and prison! That’s what it means! One of us is going to jail… well, it’s not gonna be me!
Where’s the money?
Corzine: pulls out handkerchief, wad of cash falls on floor
Corzine: “I’m not sure, Oh wait – Yes I am the Phantom”
It would make more sense if it were in Pelosi’s IRA or in Bawney Fwank’s purse.
Just my $0.02.
Regards,
Peter H.
Let’s see, you are a former Demoncrat governor living under a Demoncrat Administration, you know the economy is going down in flames, you have access to 1.2 billion, and few “financiers” have been prosecuted. What to do? Give it all to the poor?
Solyendra? No, no – GE, no wait..GM – that’s it – they have it.
Corzine: I’ll tell you where the money went! We bought a fleet of Chevy Volts and they’re all in for repairs!
If this crook doesn’t go to prison, then what’s Bernie Madoff doing behind bars?
Or maybe up his. . . .
Now I see what he paid Clinton $50,000 per month for
His defense will rest on the definition of “IS”
Of he does not know where it “is”
I don’t “KNOW” where those dollars I spent last night on drinks “IS”
I do know where they went though
Okay…let’s just say for the sake of argument that Corzine testifies under oath that he doesn’t know where the money is. How about the other principals at that firm…call every single one of them in and force them under oath to declare what they know. Do the good cop/bad cop routine, and one of them will sing like a canary!
What an idiot! B-r-a-z-i-l, how many times do we have to tell you – no extradition from Brazil!? Smoking hot women in bikinis on the beach, a billion dollars in the bank, and Obama will loan you money to drill for oil. Idiot!
Brazil – 1985
Sam Lowry: I only know you got the wrong man.
Jack Lint: Information Transit got the wrong man. I got the *right* man. The wrong one was delivered to me as the right man, I accepted him on good faith as the right man. Was I wrong?
Sam Lowry: Excuse me, Dawson, can you put me through to Mr. Helpmann’s office?
Dawson: I’m afraid I can’t sir. You have to go through the proper channels.
Sam Lowry: And you can’t tell me what the proper channels are, because that’s classified information?
Dawson: I’m glad to see the Ministry’s continuing its tradition of recruiting the brightest and best, sir.
Sam Lowry: Thank you, Dawson.
Guard: Don’t fight it son. Confess quickly! If you hold out too long you could jeopardize your credit rating.
Dumb Doug is at it again.
Some stupid, polarized article about Democtrats.
Where was Dumb Dog when 2 trillion dollars went missing in 2007?
http://www.huffingtonpost.com/2009/05/06/fed-inspector-general-kno_n_197934.html
http://www.youtube.com/watch?v=GYNVNhB-m0o&feature=related
W
That’s all you got ILMC? Even E-coli bacteria and Salmonella contribute more to society.
ILMC – who’s the dumb dumb? Why would anyone visit a place they aren’t welcome and inflame everyone and then call them stupid? You know, if you hit yourself over the head with a baseball bat – it’ll hurt. When you do that and then cry because it hurts – that’s being stupid. Get some counseling because the issues you bring here aren’t the real problem, the fact that you practice dysfunctional behavior that sets you up and then cry moral superiority is really, REALLY the epitome of dysfunctional.
With Corzone and Holder dancing on the hot griddle, I wonder what Obama and his band of thugs is going to come up with to get the spotlight off of them and their incompetence, again? I’m sure that the brainstorming is going hot and heavy. Another invasion in the name of humanity? UFO landing in D.C.?
Hey, I’m watching Corzone testify and his phone is ringing. Is he taking a call from Vice President Biden about what to do?
ILoveMyHorribleAcne – hey, you ignoramus. Doug Powers is one of the most intelligent, well-researched writers on any blog today. The fact that he contributes his work to Ms. Malkin’s site is a plus.
What am I doing? Like this dorkhead would even have a clue what I’m talking about. Do you even know what the Fed is? Do you even know what an Inspector General does? No…of course you don’t.
What the Jackass, Corzine was really parsing was that “I can’t remember the number of the Cayman Bank account. All those numbers and all.” Now you know where Obastard II’s $Billion in campaign funds is coming from!?!
Corzine: Ok, Ok, if I tell you where the money is, you’re going to go easy on me?
DOJ: Maybe.
Corzine: Ok, Ok, you’re not going to put a horse’s head in my bed, are you?
DOJ: Maybe.
Corzine: Ok, Ok, if I give you some names, will that help me?
DOJ: Maybe.
Corzine: What if I take the 5th? Will you quit hassling me?
DOJ: Maybe.
Corzine: What if I make a soft money contribution to Obama’s reelection campaign? Will you end this investigation and let me go on vacation to uh, ah, Brazil…no, make that Argentina?
DOJ: Definitely
Just have him put up a $1.2 bond while he looks for it. He has that kind of scratch now.
Criminal negligence at a minimum . . . this two-bit jackscrew belongs in jail.