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A Look Inside MF Global

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Excellent reporting by NYT journalists, Azam Ahmed, Ben Protess and Susanne Craig, gives readers a glimpse inside MF Global.

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MF

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What we do know is that Corzine’s risk taking combined with lessons unlearned cost MF Global and it’s clients billions of dollars. What’s still to be learned is whether Jon Corzine had any knowledge or culpability regarding the $600 million believed to be missing from customer accounts.
Stay tuned.
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Invested In Europe

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MF Global’s exposure to Europe have caused it’s shares to plummet by 54% this week.

Governor Chris Christie

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The pundits will pontificate about Obama, the economy and anti incumbancy, but in New Jersey, voters had one issue… Anyone-but-Corzine. This guy qualifies.

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In New Jersey, like most places, it’s hard to get excited by our choices on election day, but I still feel it’s my patriotic duty to go to the polls and choose the lesser of two evils.

Chris Christie

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Former US Attorney Chris Christie won a decisive victory against Steve Lonegan in yesterdays New Jersey GOP primary. Christie will be slated against Democratic Governor Jon Corzine in this fall’s gubernatorial election.
Christie earned a Bachelor of Arts degree in Political Science from the University of Delaware and a Juris Doctor degree from Seton Hall University School of Law. He was nominated by President George W. Bush to be the U.S. Attorney for the District of New Jersey in 2001. As prosecutor he won many convictions for corruption including Sharpe James.

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So Long

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I hate long goodbyes.

I went into NY today and did these bonus doodles on the train. The suspensions are awful, and you’re never able to place the pen in the right spot, but for some reason I like these bounce drawings best.

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The Sachs Exchange

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It seems that presidents like to appoint Goldman Sachs alumni to lead our Treasury. As Henry Paulson is on the way out, Robert Rubin and Jon Corzine are on the short list to become Treasury Secretary. As a Jerseyan my advice to President Elect Obama would be to go with Rubin.