erynthered Posted November 1, 2011 Posted November 1, 2011 This could get ugly. Corzine is in some deep shiit on this one. Another bailout??? [/url] http://finance.yahoo...197815.html?x=0
meazza Posted November 1, 2011 Posted November 1, 2011 This could get ugly. Corzine is in some deep shiit on this one. Another bailout??? [/url] http://finance.yahoo...197815.html?x=0 Another bailout isn't likely. Not even close to "too big to fail".
Magox Posted November 1, 2011 Posted November 1, 2011 There is no bailout, they filed for chapter 11.
Alaska Darin Posted November 1, 2011 Posted November 1, 2011 What? No mention of his political party?
erynthered Posted November 1, 2011 Author Posted November 1, 2011 (edited) Ahem. The bailout remark, with the question mark was sarcasm. There is no bailout, they filed for chapter 11. Edited November 1, 2011 by erynthered
UConn James Posted November 1, 2011 Posted November 1, 2011 What? No mention of his political party? No stevestojan.
Chef Jim Posted November 1, 2011 Posted November 1, 2011 (edited) It !@#$ing pisses me off when companies in this industry pull this ****. Basic rule number one. Edited November 1, 2011 by Chef Jim
erynthered Posted November 1, 2011 Author Posted November 1, 2011 It !@#$ing pisses me off when companies in this idustry pull this ****. Basic rule number one. I would bet there's a **** load of union money thats gone in this. Betting on Europian debt. Thats some funny shiit.
UConn James Posted November 1, 2011 Posted November 1, 2011 I would bet there's a **** load of union money thats gone in this. Betting on Europian debt. Thats some funny shiit. In addition to campaign donations to a certain party, and if Chef's link proves true, done on the backs of other peoples' money....
DC Tom Posted November 2, 2011 Posted November 2, 2011 What? No mention of his political party? I just read three different articles on him from the NY Times. You couldn't even infer his political party from any of them.
Wacka Posted November 2, 2011 Posted November 2, 2011 Which means he's a dem. If the person's a rep, it's included in the first paragraph.
Chef Jim Posted November 2, 2011 Posted November 2, 2011 Which means he's a dem. If the person's a rep, it's included in the first paragraph. First paragraph? Hell the headline.
DaveinElma Posted November 2, 2011 Posted November 2, 2011 I love when liberals try their hand at the private sector and fail miserably. If this was Chris Christie the word "republican" would be all over the article.
GG Posted November 2, 2011 Posted November 2, 2011 I love when liberals try their hand at the private sector and fail miserably. If this was Chris Christie the word "republican" would be all over the article. Yeah, like Corzine's entire business career is categorized as a miserable failure. Wonder how he came up with $100 mil to buy the NJ's Senate seat & governorship? I guess he doesn't have a john.corzine@yahoo.com business email account, so he's a failure.
DaveinElma Posted November 2, 2011 Posted November 2, 2011 Yeah, like Corzine's entire business career is categorized as a miserable failure. Wonder how he came up with $100 mil to buy the NJ's Senate seat & governorship? I guess he doesn't have a john.corzine@yahoo.com business email account, so he's a failure. Why are you getting so butthurt over Jon Corzine? Are you a Corzine Fanboy? Do you have picture of him all over your moms basement (your room)?
GG Posted November 2, 2011 Posted November 2, 2011 Why are you getting so butthurt over Jon Corzine? Are you a Corzine Fanboy? Do you have picture of him all over your moms basement (your room)? No, I'm just pointing out again that you're an idiot. Corzine was very successful in the private sector.
DaveinElma Posted November 2, 2011 Posted November 2, 2011 No, I'm just pointing out again that you're an idiot. Corzine was very successful in the private sector. Saying Corzine was "very successful in the private sector" is like saying Barry Switzer was a good NFL coach because he won a Super Bowl.
GG Posted November 2, 2011 Posted November 2, 2011 Saying Corzine was "very successful in the private sector" is like saying Barry Switzer was a good NFL coach because he won a Super Bowl. You're right, rising up to co-head Goldman Sachs is the equivalent of being a football team owner's buddy. There should be a moratorium on Dave posters on this board.
DaveinElma Posted November 2, 2011 Posted November 2, 2011 You're right, rising up to co-head Goldman Sachs is the equivalent of being a football team owner's buddy. There should be a moratorium on Dave posters on this board. http://news.yahoo.com/colleagues-corzine-instrumental-mf-globals-collapse-190311994.html In The Washington Post, associates tell the paper he "was known to make trades himself at the firm" and that "they personally warned him about the dangers of acuiring European debt, but that he shurrged them off." The paper adds: "That extreme self-confidence was well known among his peers." Explaining his personal betting splurge, The Wall Street Journal reports that "In late 2010, Mr. Corzine started making big bets on bonds issued by European countries. He sometimes placed orders himself based on a list of prices left with an assistant, according to people familiar with the situation. Mr. Corzine, who made his name and fortune as a Treasury bond trader at Goldman, was convinced that sovereign debt from countries like Italy and Spain with high yields was a steal, these people said." In The Star-Ledger, a source close to Corzine pinned the blamed squarely on him. "If you bet the ranch, sometimes you can lose the ranch."
GG Posted November 2, 2011 Posted November 2, 2011 http://news.yahoo.com/colleagues-corzine-instrumental-mf-globals-collapse-190311994.html What in the world do Corzine's awful trades at MF have to do with him being head of Goldman? Are you as dense as a white sheet?
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