Corzine’s Get Out of Jail Free Card: Barack Obama
Good discussion between Santelli and Gary Kaminsky on MF Global fraud and Corzine. Runs 3 minutes. This was aired on CNBC the day after Santelli’s last interview with James Koutoulas.
“How could prosecutors drop a case where over one billion dollars in client money has gone missing, and where a CEO is throwing his hands up and saying he has no clue,” asks Cornelius Hurley, director of the Boston University Center for Finance, Law & Policy.
“It gets your blood boiling,” says Hurley, former counsel to the Fed Board of Governors. He notes that the statute of limitation on charging Corzine far off “so for anyone to say this early in the game that Corzine is off the hook criminally is a someone that didn’t have the courage to convict him anyway.”