Tuesday, November 01, 2011

MF Global -- Follow the Money

We think it would be instructive to know just what (if any) role Corzine's MF Global played in the administration's unofficial stimulus programs.

Maybe it's an empty hunch. But maybe not. Corzine's a bright and well connected fellow. People who run firms like Goldman Sachs aren't likely to let their own firms blow up. There is already a good deal about this event that doesn't make sense.

Futures firms have been connected with political money laundering before. Has everyone forgotten Hillary Clinton's $100 cattle-futures investment at Refco that -- what luck! -- ballooned to $100,000?

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