Posts Tagged ‘Obama bundler’

Wynton Hall

$1.2 Billion ‘Vaporized’ Under Obama Bundler Jon Corzine’s ‘Leadership’ at MF Global

by Wynton Hall

Former New Jersey Governor Jon Corzine had little trouble finding $500,000 in his role as a top Obama campaign bundler, but locating the missing $1.2 billion in customer funds he oversaw as the head of MF Global funds is proving far more difficult–impossible even, reports the Wall Street Journal.

A person close to the investigation told The Journal that a “significant amount” of customers’ money appears to have “vaporized”:

Nearly three months after MF Global Holdings Ltd. collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe that much of it might never be recovered, according to people familiar with the investigation.

As the sprawling probe that includes regulators, criminal and congressional investigators, and court-appointed trustees grinds on, the findings so far suggest that a “significant amount” of the money could have “vaporized” as a result of chaotic trading at MF Global during the week before the company’s Oct. 31 bankruptcy filing, said a person close to the investigation.

Many officials now believe certain employees at MF Global dipped into the “customer segregated account” that the New York company was supposed to keep separate from its own assets—and then used the money to meet demands for more collateral or to unfreeze assets at banks and other counterparties as they grew more concerned about their financial exposure to MF Global.

During a House hearing in December, Mr. Corzine said he “doesn’t know” where the $1.2 billion went or is.


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Kristinn Taylor and Andrea Shea King

Media Matters Covers Up Obama Ties to Hamas Ally Jodie Evans

by Kristinn Taylor and Andrea Shea King


Hamas ally Jodie Evans and President Barack Obama, October 15, 2009.

Democrat party front group Media Matters for America has released several statements in recent days seeking to throw reporters off the trail of the strong ties between President Barack Obama and Jodie Evans, co-founder of the terrorist support group Code Pink.

Media Matters attempts to influence public opinion by getting their politically-slanted, factually-challenged reports in the hands of sympathetic liberal reporters who then either regurgitate Media Matters’ propaganda to the public as news or use it as guidance to bury news.

In this case, Media Matters was responding to a report by World Net Daily’s Aaron Klein, picked up by Jim Hoft of Gateway Pundit and Big Government, and by Glenn Beck, tying Obama to leaders of the so-called Gaza Freedom Movement, the group behind the terror flotilla intercepted by Israel as the six ship convoy attempted to break a blockade imposed by Israel and Egypt on the terrorist enclave of Gaza.

Much of the information forming the basis for Klein’s report was originally researched and published at Big Government months ago, which Klein (a solid researcher in his own right who has added much to this story) acknowledged at the time.

Klein reported last weekend that Weather Underground terrorists Bill Ayers, his wife Bernardine Dohrn and Obama funder Jodie Evans each had ties to Obama and the Gaza Freedom Movement.

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Kristinn Taylor and Andrea Shea King

Obama Colluding With Left to Subvert His Own Afghan War Policy

by Kristinn Taylor and Andrea Shea King

[Note: This is the latest segment in an ongoing series about Code Pink and its co-founder Jodie Evans.  Click here to read earlier articles.]

In a move by the Obama administration that is gallingly cynical and would be considered treasonous in a less progressive era, a message sent by Code Pink and an article published by the left wing online publication AlertNet indicates the White House is working with the left wing terrorist support group Code Pink to agitate the public and undermine President Barack Obama’s newly announced Afghanistan war policy.

obama-mcchrystal

Top Obama funder, Code Pink co-founder and terrorist supporter Jodie Evans wrote at AlterNet of a White House initiated phone call she received last week, two days after Obama’s Afghan war speech at West Point. The Obama official said the administration wanted to “consult” with Code Pink in response to the group’s e-mail campaign targeting the White House with opposition to the president’s surge strategy.

However, it appears that the Obama administration was already in consultation with Code Pink before this reported phone call. In its message to supporters, Code Pink guaranteed their e-mails would be read by someone in the White House.

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