What’s next for disgraced former MF Global chief Jon
Corzine?
Charlie Gasparino writes: According to friends interviewed
by the FOX Business Network, Corzine has told them he won’t be starting a hedge
fund as some have speculated, at least not anytime soon.
“He’s trading his own money,” said a person close to Corzine
who works on Wall Street, “and waiting everything out.” As for the recent
reports that Corzine might soon start a hedge fund, it’s not in the cards, at
least anytime soon, and probably never, this person says. “I don’t think he’s
going to start a hedge fund.”
What is in the cards for Corzine in the coming months and
possibly years ahead is preparing for numerous shareholder lawsuits, and the
very real possibility of civil regulatory charges stemming from MF Global’s
collapse last year, and the $1.6 billion in customer money that remains missing
from the firm….
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