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Former Goldman Sachs CEO, U.S. Senator, New Jersey Governor, and CEO of MF Global Jon Corzine is a great case study in how our elites are failing us. Joe Nocera has a good write-up of how Corzine has destroyed MF Global with the same kind of reckless risk-seeking that he denounced as a public figure (he’s a liberal Democrat, by the way). What Nocera doesn’t mention is that Corzine did about as well for New Jersey as he did for MF Global. Unfortunately, there will no Chris Christie (a Republican, by the way) to clean up the mess at MF Global. 

View all comments (3) |

albert constantine jr| 11.1.11 @ 9:03PM

The left in the US (and perhaps the world) has generally tried to criminal policy and political differences, i.e. if you disagree with them, you are a war (or common) criminal, and should be jailed (if not executed, their opposition to the death penalty notwithstanding). On the other hand, those who actually commit war or common crimes (George Soros’ insider trading conviction in France, or his collaboration with the Nazis, Corzine’s fiduciary malfeasance, etc.) are forgiven, as long as their view points and contributions coincide with their own.

albert constantine jr| 11.1.11 @ 9:03PM

should have been "tried to criminalize policy and political differences, i.e. if you disagree with them, you are a war (or common) criminal"

2Anglico| 11.2.11 @ 9:16AM

The NYT said it could have just been sloppy bookkeeping. Why didn't Enron try that one?

More Blog Posts by Joseph Lawler

http://spectator.org/blog/2011/11/01/jon-corzines-many-failures

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