Jon Corzine

  • News

    Jon Corzine Bids Hoboken Adieu

    JSC has reportedly unloaded his waterfront penthouse, for $2.8 million. That’s 14 percent less than what he bought it for in 2008, which hurts, but on the bright side he’s got some money, if you’ve got any ideas.

    / May 25, 2012 at 2:25 PM
  • News

    MF Global Would Have Done Better To Misuse Government Money / Not Go Bankrupt

    This doesn’t seem to be much of a story and hey deservedly not: The Federal Reserve Board on Monday issued a consent cease and desist order and assessed a $6 million civil money penalty against the Bank of New York Mellon (BNYM), New York, New York, a state-chartered bank that is a member of the […]

    / Apr 16, 2012 at 6:54 PM
  • News

    Jon Corzine’s Got Money To Burn

    A bankruptcy judge said MF Global can use existing insurance policies to pay potential “wrongful act” legal-defense fees for former Chief Executive Jon S. Corzine and other executives, even as commodities customers continue to argue that they are entitled to at least some of the money. Judge Martin Glenn of U.S. Bankruptcy Court in Manhattan […]

    / Apr 11, 2012 at 1:35 PM
  • jsc hand up

    News

    Looks Like Someone Can Cancel His Appointment With That Prison Consultant For Now

    One thing that I’ve assumed from the beginning about MF Global is that no one’s ever going to find an email from Jon Corzine saying “Hey guys – can you steal a bunch of customer money to keep us afloat? Then kill the witnesses and bury their bodies in shallow graves.” This faith was tested […]

    / Mar 26, 2012 at 3:50 PM
  • News

    Jon Corzine Doesn’t Need This Shit! Not Tonight! Not The Same Week Those Assholes From Lehigh Blow Up His NCAA Bracket!

    Jon S. Corzine, MF Global Holding Ltd.’s chief executive officer, gave “direct instructions” to transfer $200 million from a customer fund account to meet an overdraft in one of the brokerage’s JPMorgan Chase & Co. accounts in London, according to an e-mail sent by a firm executive. Edith O’Brien, a treasurer for the firm, said […]

    / Mar 23, 2012 at 4:43 PM
  • News

    Science Finds A Weird Way To Kick Jon Corzine When He’s Down

    Taking away the one thing he thought he had going for himself.

    To assess how beards affected perceptions of men’s age, attractiveness, social status and aggressiveness, Vasey and Dixson showed people of European descent in New Zealand as well as Polynesians in Samoa pictures of the same men, with and without full beards, as they displayed neutral, smiling and angry facial expressions. Both men and women said that with beards, the men looked older and more aggressive than they did with their beards shaved…Women said that the clean-shaven faces were more attractive than the whiskery ones.

    / Mar 7, 2012 at 2:55 PM
  • News

    Corzine Kids Take Issue With Vanity Fair‘s Reporting On Mom, Dad, David Tepper

    Back in February, Vanity Fair ran a piece on Jon Corzine in the wake of the whole MF Global situation, attempting to determine “what set Corzine on the road to ruin.” Figuring his personal life would be a good place to start, some story lines that were explored included JSC’s relationship with his children and his  divorce from Joanne, who he met in kindergarten and was married to for 33 years. The former was described as having become “increasingly distant” as Corzine made his way up the ranks at Goldman Sachs.  The latter “bitter,” which was not helped by the fact that, according to VF, Joanne had gotten “too close” to a onetime GS employee with whom Corzine had “bad blood,” name David Tepper. Jon’s children happened to catch the article and responded to it today in a letter to the editor, the short version of which is “you know nothing.” From the longer version:

    Though we disagree with your analysis of [our father] and find your sources, often referred to as close friends, dubious at best, not to mention nameless, we understand judgments about public figures come with the territory.

    What does not come with the territory in our minds are reckless allegations and assertions involving private personalities such as the ones you chose to propagate toward our mother, Joanne. Your portrayal of her is the opposite of who we know her to be. The subjective descriptions of her character based on quotes from anonymous “friends” is the elevation of gossip to legitimate reporting. The assertion regarding her becoming “close” to David Tepper is a blatant falsehood. She has never met or spoken to David Tepper.

    JOSH CORZINE
    JEFFREY CORZINE
    JENNIFER CORZINE

    From the Magazine: Jon Corzine’s Family Responds [Vanity Fair]

    / Mar 6, 2012 at 1:43 PM
  • joncorzinejaguar

    News

    Drive Off Into The Sunset With Jon Corzine (‘s Old Car)

    Want to feel close to Jon Corzine but can’t bring yourself to tell people you live in Hoboken? Rather than buying his NJ love shack, perhaps consider placing a bid on a ’87 Jaguar he supposedly once owned and is now on the eBay auction block.

    / Feb 27, 2012 at 5:40 PM
  • joncorzinereflectiontime-260x181

    News

    Jon Corzine’s Weekend Just Got A Bump

    The last several months have not been the best of times for Jon Stephen Corzine. His fund went down for the dirt nap. He was forced to shelve his dreams of becoming a count. He made the tearful decision to put his Hoboken hideaway on the market, probably to free up some cash should it […]

    / Feb 24, 2012 at 2:18 PM
  • News

    Jon Corzine Was The Mark Zuckerberg Of MF Global, But In A Bad Way

    I’m not the only person who noticed that Mark Zuckerberg is going to have more than the usual amount of control over Facebook (Facebook Facebook Facebook), both unto his grave and beyond. As a conceptual matter I’m kind of down with that though I’m not going to, like, buy shares in the IPO or anything.* […]

    / Feb 2, 2012 at 3:40 PM
  • News

    MF Global Chief Risk Officer To Recount The Time Corzine Brusquely Told Him His Risk Models Didn’t Work In “The Real World”

    The chief risk officer who was brought in to install risk management systems at MF Global after a rogue trading incident in February 2008 is expected to tell Congress Thursday he outlined his concerns about European sovereign debt trades in the fall of 2010…At the hearing, Michael Roseman is expected to say he “expressed my […]

    / Feb 1, 2012 at 2:08 PM
  • I will sell this house today

    Sleep Where Jon Corzine Hath Slept

    JSC has reportedly put his Hoboken hideaway on the market, for reasons that are unclear at this time (and which we should not speculate over. Surely there are some who will be quick to suggest he’s downsizing and freeing up cash in case he needs money for legal fees but we have no idea, do […]

    / Jan 30, 2012 at 7:53 PM
  • Credit

    MF Global Was Doing Great Until It Wasn’t

    “Every banker knows that if he has to prove that he is worthy of credit, however good may be his arguments, in fact his credit is gone,” but every banker also seems to forget the modern corollary, which is that, if you have to prove you are worthy of credit, however good may be your […]

    / Jan 30, 2012 at 6:25 PM
  • News

    Wall Street Fraternity’s Hazing Process Involves Telling Awful Jokes While Dressing In Drag And Being Pelted With Desserts

    The “jokes” clearly being the most humiliating part of the proceedings.

    / Jan 23, 2012 at 12:32 PM
  • News

    Ex-MF Global Employees With Unresolved Corzine Issues Not Feeling The “Write Him A Letter And Don’t Send It” Approach

    Former MF Global employees in Chicago recently had the chance to vent their frustration against Jon Corzine — by smacking him with a small wooden bat. At a post-Christmas party Dec. 29, former employees took turns smashing a star-shaped pinata with pictures of Corzine taped on it, according to people who attended the party. Unfortunately, […]

    / Jan 11, 2012 at 12:06 PM
  • News

    Jon Corzine Isn’t Finished Here

    Back in November, shortly after MF Global filed for bankruptcy, many suggested that even if he changed his name and underwent an appearance-altering makeover that included shaving the beard, it would be unlikely that Jon Corzine would ever work again, whether on Wall Street or as a traveling vacuum salesman going door to door to […]

    / Jan 9, 2012 at 10:47 AM
  • News

    If It Makes You Feel Any Better, Jon Corzine Did Plenty Of Field Research Before Gorging Himself On An All-You-Can-Eat Euro Debt Buffet

    …on October 15, two weeks before MF Global filed for bankruptcy, Corzine and his wife, Sharon Elghanayan, were at a birthday party in Paris talking about a château they were about to buy in the South of France. “It’s not in Cap Ferrat,” one person recalls Elghanayan saying, perhaps to mitigate the extravagance. “To buy […]

    / Jan 5, 2012 at 11:34 AM
  • News

    Don’t Even Entertain The Thought Of Serving Jon Corzine With A Lawsuit While He’s On His Break

    As you may have heard, today is Jon Corzine’s third day testifying in Washington about the whole MF Global thing. All morning and this afternoon have been devoted to questioning by the House Financial Services Committee, with a couple of the standard 15 minute recesses sprinkled in. In fact, there was one not too long […]

    / Dec 15, 2011 at 3:28 PM

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