Thursday, Dec. 8

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It just never ends...the head of MF Global lost over a billion dollars, but he doesn't know where the money went.  sure.  how does someone in charge of that much money lose that much money?

http://www.washingtonpost.com/business/economy/jon-corzine-to-tell-house-panel-he-doesnt-know-where-customers-money-went/2011/12/07/gIQAwLUleO_story.html?hpid=z1

If you owned a car dealership, and had a billion dollars worth of cars on the lot, and they all disappeared, would you not be accountable for those cars?  But we will be told how complex this business is, and there are things about the market we don't understand.  Sure - but there are a billion dollars of other people's money in the hands of crooks...but the head guy does not know where.

Blago is going to jail, rightfully so....but when does the parade of wall street criminals to jail start?

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