Jon Corzine is considering launching a hedge fund. Don't laugh. http://www.marketwatch.com/story/jon-corzine-has-a-deal-for-you-2012-08-16
And people still say there will be no catastrophic collapse, they will push the envelope until there is one!
There is an interview with Celente letting fly after MF Global (headed by Corzine) "mis-placed" Celente's precious metals. MF Global had gone belly up. He was fortunate to recover his holdings, others less so and had their hard earned disappear into JP Morgan's black hole. Segregated client accounts don't mean a thing.
I saw a quote once to the effect The rich will risk losing everything rather than lose a penny. So true. The latest Keiser Report about manipulation of insider trading and the exit of some honest hedge fund managers from the trade because of 'rescuing a penny from the path of a steamroller' is indicative of the corruption, the utter corruption of the machine. J. Corzine. Another one on the list.