NYT: No Criminal Case, But MF Global May Possibly Face a Fine of Up To $140,000

Via: BrotherJohnF
Jesse’s Café Américain
29 February 2012

As Janet Tavakoli said the other day, the media coverage of this scandal has been a comedic lightweight fly by that no one in the know could possibly take seriously.

And as Chris Whalen said, we always have known where the money ended up. And that is a big part of the problem. Corzine is Too Big to Jail and the Banks are Too Big To Fail.

Perfect illustration of the credibility trap that is destroying the economy.

Now the elite New York Times chimes in with its own version of the mysteriously vaporizing, blameless money meme. Maybe someone should look in Judge Crater’s pockets, or Jimmy Hoffa’s wallet.

Et tu, Gray Lady?

Read More At http://jessescrossroadscafe.blogspot.com

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