U.S. Civil Charges Against Corzine pending BUT NO CRIMINAL CHARGES!

The fact that none of these thieves and crooks ever go to jail will ultimately lead to America's undoing. 

Federal regulators are poised to sue Jon S. Corzine over the collapse of MF Global and the brokerage firm’s misuse of customer money during its final days, a blowup that rattled Wall Street and cast a spotlight on Mr. Corzine, the former New Jersey governor who ran the firm until its bankruptcy in 2011.

The Commodity Futures Trading Commission, the federal agency that regulated MF Global, plans to approve the lawsuit as soon as this week, according to law enforcement officials with knowledge of the case. In a rare move against a Wall Street executive, the agency has informed Mr. Corzine’s lawyers that it aims to file the civil case without offering him the opportunity to settle, setting up a legal battle that could drag on for years.

Without directly linking Mr. Corzine to the disappearance of more than $1 billion in customer money, the trading commission will probably blame the chief executive for failing to prevent the breach at a lower rung of the firm, the law enforcement officials said. If found liable, he could face millions of dollars in fines and possibly a ban from trading commodities, jeopardizing his future on Wall Street. Read more >>

Corzine Shows There’s No Justice on Wall Street

Terry Keenan
NYPost
What does it take to get prosecuted in this town?

Just how many federal regulators have pored over financial documents and calling records, dissected trading ledgers for suspicious money movements and probed years of voice mails and e-mails, to no avail? Oh, to be sure, a few investigations have resulted in civil fines being paid with the caveat of not admitting or denying any wrongdoing. It’s less than a slap on the wrist.

Consolidation of power by the Secret Government has been achieved

Comment of the day by Joyful

The real subtext of this [CME] story is exclusively about government debt.

The CME, the primary dealers, TBTF banks are running interference for the FED, so as to disguise the latest manipulations dreamed up by the subgenius MBAs who finally had to acknowledge that the QE experiment had run out of runway.

In other words, this is a governmental liquidity crisis. It will be 'solved' (temporarily, as always) by a mass confiscation of investor savings disquised as more 'free market' events. (hint:MFG as precursor event)

If Wall Street and the big banks get blamed for the fallout, that will be entirely satisfactory to the TPTB: it's part of the deal for the rake off they get for hiding the true nature of the crime and indentity of the criminals. Besides- beta testing for the imposition of martial law (hint:OWS) has advanced to the stage where everyone is sure that public anger can and will be contained.

That this is unfolding in sync on both sides of the euro-merikan pond is mere confirmation that consolidation of power by the Secret Government has been achieved to the necessary degree to successfully collapse our post-feudal experiment in individual liberties and return us all to the required level of peonage.

Nothing new under the Sun...this is 1720, all over again. Rinse, repeat, sheer the sheep. If the small investor class does not go completely apeshit over what's already happened to them as of this week, they will assuredly be completely destroyed before that Mayan calendar thingy even has a chance to kick in.

1720 saw the CONCURRENT failure of schemes wherein governmental debt was farmed into corporate hands in order to complete an integration of public-private insider trading which ruined the investing classes of the times in Britain, France and the Netherlands. It also involved an incipient USA insofar and the Mississippi Company was the vehicle by which public risk was institutionalized via the crown takeover of a public company's risk.

I don't have the time right now to go into all the details of Jon Corzines channeling of John Laws template of corporate fascism aka statist ponzi schemes. But I can assure you that everything is completely under control. It's the people who are at greatest risk of 'folding' not the banks.

For now.