Wednesday, December 14, 2011

Jon Corzine is Going to Jail

It looks like the former Democratic Governor and Senator of New Jersey, Jon Corzine, is going to jail based on this testimony from the Chairman of the CME group. Apparently, he knew that client funds were being used by MF Global to cover their losses (h/t Zerohedge).

1 comment:

  1. When a crime is committed and the person has been found guilty sometimes the courts will give the person probation instead of putting them in jail. Probation is letting the person experience freedom, but there are some strict rules that the person has to follow.

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