Does Goldman-Sachs run the world?

Corzine cuts and runs and still gets away with a fortune. Inept as a Senator and Governor, always on the shady side with corruption charges following him out of office, then staring an over leveraged International Trading Bank, gambling investor's money (reported leverage at 33:1) on the financial stability of Greece, it goes belly up in just months and he just walks away. He was even offered $12m severance.

Wall Street: Jon Corzine Resigns From MF Global Holdings - CNBC

Friday, 4 Nov 2011 By: Katy Barnato

Jon Corzine has resigned as MF Global Holdings chief executive officer and chairman, the brokerage firm said Friday.

The former New Jersey governor and Goldman Sachs [GS 107.68 1.55 (+1.46%) ]chief confirmed he will not seek severance pay in connection with his resignation from the bank, which filed for bankruptcy protection on Monday. ...

"It was probably the right thing to do considering he was the architect of their strategy," venture capitalist Ken Langone told CNBC."If they did what the papers are speculating they did it was a lack of integirty. If they didn't do it, then it's stupidity," Lagone said. "Either way they don't come out of this good." ...

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