{"id":8902,"date":"2013-06-27T22:22:46","date_gmt":"2013-06-27T20:22:46","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=8902"},"modified":"2013-06-27T22:22:46","modified_gmt":"2013-06-27T20:22:46","slug":"corzine-charged-is-the-tide-turning","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/corzine-charged-is-the-tide-turning\/","title":{"rendered":"Corzine Charged: Is the Tide Turning"},"content":{"rendered":"<p>In the last week of October 2011, with virtually no other sources of immediate cash to turn to, the firm Jon Corzine headed repeatedly and unlawfully used customer funds for firm needs, ultimately leaving it nearly $1 billion short of customer funds. In that last week, Corzine is alleged to have been aware of the firm\u2019s true low cash balance, even as he directed the firm to continue paying large obligations without inquiring how the firm could come up with the money to do so. Corzine is charged for the firm\u2019s violations as an MF Global \u201ccontrol person\u201d who, among other things, did not act in good faith and is also charged with violating his legal obligations to diligently supervise. \u00a0<a href=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/06\/Corzine-Charged.pdf\">Corzine Charged<\/a><\/p>\n<p><a href=\"http:\/\/www.w-t-w.org\/en\/corzine-charged-is-the-tide-turning\/jon_corzine_mf_global-fraud_then_bankruptcy_fraud_cover-up\/\" target=\"_blank\" rel=\"attachment wp-att-8904\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-8904\" alt=\"Jon Corzine Charged\" src=\"http:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/06\/Jon_Corzine_MF_Global-fraud_then_Bankruptcy_Fraud_Cover-up-300x132.jpg\" width=\"300\" height=\"132\" srcset=\"https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/06\/Jon_Corzine_MF_Global-fraud_then_Bankruptcy_Fraud_Cover-up-300x132.jpg 300w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/06\/Jon_Corzine_MF_Global-fraud_then_Bankruptcy_Fraud_Cover-up-500x221.jpg 500w, https:\/\/www.w-t-w.org\/en\/wp-content\/uploads\/2013\/06\/Jon_Corzine_MF_Global-fraud_then_Bankruptcy_Fraud_Cover-up.jpg 666w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the last week of October 2011, with virtually no other sources of immediate cash to turn to, the firm Jon Corzine headed repeatedly and unlawfully used customer funds for firm needs, ultimately leaving it nearly $1 billion short of &hellip; <a href=\"https:\/\/www.w-t-w.org\/en\/corzine-charged-is-the-tide-turning\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[22,13],"tags":[],"class_list":["post-8902","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"In the last week of October 2011, with virtually no other sources of immediate cash to turn to, the firm Jon Corzine headed repeatedly and unlawfully used customer funds for firm needs, ultimately leaving it nearly $1 billion short of customer funds. In that last week, Corzine is alleged to have been aware of the\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Susan_Hall\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.w-t-w.org\/en\/corzine-charged-is-the-tide-turning\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"W-T-W.org - Women and Finance\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Corzine Charged: Is the Tide Turning - W-T-W.org\" \/>\n\t\t<meta property=\"og:description\" content=\"In the last week of October 2011, with virtually no other sources of immediate cash to turn to, the firm Jon Corzine headed repeatedly and unlawfully used customer funds for firm needs, ultimately leaving it nearly $1 billion short of customer funds. 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