Thursday, December 1, 2011
Have You Seen this man?
When was the last time anybody saw Jon Corzine? For several days following the bankruptcy of MF Global, Corzine was regularly appearing in the office. Sources at MF Global told me he spent his days in conference rooms with teams of lawyers and accountants. Then according to CNBC he abruptly resigned as chief executive.
And for his next act, he vanished.
Corzine is not an ordinary chief executive. As a former US Senator and former Governor of New Jersey, he is a public figure. He was even under consideration to be the next Treasury Secretary.
As one of the few people who can answer questions about what happened to MF Global—how it went from a healthy midsized commodities brokerage to a fatality—Corzine should be in front of the public offering explanations. He used publicity to climb his way to the top of America's power-structure, and now he's trying to hide. This seems unfair…
Find out more at http://www.cnbc.com/id/45508369
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