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.
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