Ah yes, Mr. Corzine. We haven’t seen much of you these days. Of course we didn’t summer in the Hamptons this year.
$5 million is slightly more than a speed bump for Mr. Corzine. But just barely.
Here’s a little refresher on what happened at MF Global.
Five years after MF Global’s collapse after big, levered bets on European bonds blew up leaving a $1.6 billion shortfall in customer funds, WSJ reports former New Jersey Gov. and Goldman Sachs CEO Jon Corzine is nearing a deal to pay $5 million to end a U.S. regulator’s lawsuit.
Ending what The Wall Street Journal calls a long and messy chapter in a four-decade career which touched the pinnacles of Wall Street and politics…
See, done and done. And now, as the weather turns cool in the Northeast it’s off to Saint Bart’s.