So, What's the Deal With Corzine?

Just because Corzine is an Obama supporter, is he going to get a free pass?  Madoff should have thought of this: "hey, it was just an accident!"  Or, perhaps: "I never intended to mislead anyone."  Would that have gotten Bernie Madoff a free pass?  I don't get why Madoff is in jail and Corzine is free as a breeze.

It looks like Corzine is getting a free pass on the $ 1.2 billion of customer money that disappeared on his watch at MFGlobal.  If there is a difference between what Corzine did (presiding over the looting of customer accounts, protected by law as segregated from firm accounts) and what Madoff did (running a ponzi scheme with customer money), I fail to see the distinction.  Why is one guy behind bars and the other guy still the President's best buddy and on the loose?

Comments

Popular posts from this blog

Exclusive Interview: 2011 8TV Hot Chef (美食型男) Jason Cha

Career Lessons from Breaking Bad

Things We Now Know