, , , , , , ,

OH! There it is!

Wow! I feel bad when I lose a $5 bill but John S. Corzine, former chairman and chief executive office of MF Global Holdings Ltd., doesn’t give a F### that he doesn’t know the location of the estimated $1.2billion in missing client money. Seriously?!

MF filed for bankruptcy protection on Oct. 31, and Corzine resigned on Nov 4, and now the SEC, the Justice Department, and the Commodity Futures Trading Commission are looking hard, reallllll hard, for the missing billions. I do not understand how these guys can ‘manage’ billions yet they don’t know where the money is located? That’s pretty sad. The good thing is that Corzine is very sorry that the money is missing. I am sure that will suffice for all the investors that want their billions back. (As you know, the EuroZone investment did not turn out so great for MF)

I wish these investors the best and hope Corzine can figure out where the company placed the money. Maybe the money snuck in between the couch cushions? Maybe it fell from his pocket? Or maybe, he left it on the PATH on his way to the office, who knows!

But the truth is that yes, these guys really do exist.