Hints and tips:
...The power struggle between rainmaker Hank Paulson and chronic trader John Corzine through the 1990s framed the politics around how much risk was too much....
...November 2009 Wins first term as governor of New Jersey by defeating incumbent Democrat and former Goldman Sachs chief executive Jon Corzine....
...He suffered a smaller hit from the demise of US broker-dealer MF Global, which was run by his former Goldman colleague Jon Corzine, and in which JC Flowers had bought a stake of about 7 per cent....
...But Mr Thornton and others including Hank Paulson did not rate Mr Corzine and levered him out of the bank....
...John Roe, a manager of the Chicago-based futures company BTR Trading Group and an outspoken critic of Mr Corzine, said: “We’re glad the Department of Justice has allowed the CFTC to act, and I’m hopeful...
...Mr Corzine has vigorously denied any wrongdoing....
...A spokesman for Mr Corzine on Thursday disputed the report’s conclusions. He said: “There simply is no basis for the suggestion that Mr Corzine breached his fiduciary duties or was negligent.”...
...He faltered only once at his final appearance before the Treasury select committee, when John Mann MP reminded him of Barclays’ original Quaker principals: honesty, integrity, plain dealing....
...Mr Koutoulas and John Roe, both managers of Chicago-based futures firms, were elected to the board of the NFA last month....
...Mr Corzine and other senior executives say they do not know where the money went....
...“Yeah and that number is seven, but the reality is that actually we need more than that,” said John Bowe, head of capital markets at Anglo Irish....
...The recent collapse of MF Global, the trading group led by John Corzine, the former chief executive of Goldman Sachs and ex-New Jersey governor, offers a cautionary tale about how a group can lose focus...
...John Whitehead, serving their country with great distinction and success.”...
...Mr Corzine is now disgraced and Mr Giddens accuses him, Ms O’Brien and Mr Steenkamp of breaching their fiduciary duties. One bad decision had awful consequences. john.gapper@ft.com...
...Sir, I worked for MF Global from 1991 through to 2000 (when it was still part of Man Group), primarily as its US general counsel, and take offence at John Gapper’s labelling it a “subprime institution” (...
...The auction “might raise the [recovery] rate for some of the smaller clients,” said John Roe, leader of the Commodity Customer Coalition, which represents more than 8,000 MF Global clients....
...Thursday, December 08, 2011 2:52:40 PM RTRS – CORZINE SAYS DOES NOT REMEMBER CUSTOMER FUNDS BEING USED FOR MF GLOBAL’S OWN USEMFGLQ.PK Thursday, December 08, 2011 2:56:29 PM RTRS – CORZINE SAYS “TO HIS...
...John Roe, partner at BTR Trading, a high-frequency futures group, says: “We are aghast of the regulators who are supposedly protecting customer property....
...Corzine and two of his assistants in New York, says the transfer came from a “nonseg” account, industry speak for a noncustomer account....
...(Wall Street Journal) The trustee unwinding MF Global’s brokerage has been permitted to combine his claims with those of individuals suing Jon Corzine....
...Mr Corzine’s lawyers deny he authorised any illegal transfers. The email was, therefore, inconclusive....
...“Everyone is madder than hell at Jon Corzine,” says Mr Damgard of the former MF chief executive....
...john.gapper@ft.com...
...Citing a person familiar with the situation, Mr Corzine is said to be interested in viewing the offices of John Carris Investments; reportedly for a space, not for a job....
International Edition