People say that Republicans are always trying to trash Democrats, but that's simply not true. Not when they're the Job Creators! For example, here's Jon Corzine.
Mr. Corzine told the House Agriculture Committee that he was “stunned” when he learned late on Oct. 30 that about $1 billion of customer money could not be located, a discovery that thwarted a sale of the firm and led to its filing for bankruptcy. Regulators and the Federal Bureau of Investigation are now hunting for the money and examining potential wrongdoing at the firm.Why don't we leave Corzine alone? He doesn't deserve this grilling! The man should be back in his office or on his way to the Bahamas, where he can create jobs! And we certainly should stop trying to regulate a guy who's just trying to run a small business.
Thursday’s testimony was his first public comments since the bankruptcy and came after the committee voted last week to subpoena him.
The former senator insisted that he always tried to “do the right thing.”
“I never intended to break any rules,” said Mr. Corzine, dressed in a dark suit but without his trademark sweater vest. “I know I had no intention to ever authorize the transfer of segregated moneys. I know what my intentions were.” Mr. Corzine has not been accused of any wrongdoing.
He did not rule out possible wrongdoing at MF Global. In theory, an employee may have misused customer cash after misinterpreting the chief executive’s words, he said.See? If we'd just let him go back to his office (or the Bahamas) then he'd be able to find that money. We should let the free market take care of this!
Still, over three hours of testimony, Mr. Corzine danced carefully around questions touching on the scandal of the missing funds, using phrases like “never intended” and “not to my knowledge.”
And he offered little insight into the whereabouts of the missing money. He surmised that one potential cause of the shortfall was the “extraordinary number of transactions during MF Global’s last few days,” calling it a “chaotic” period that was “extremely difficult” to “reconstruct.”