Jon "Teflon Don" Corzine and posse roam free ahead of new MF Global hearing
It’s been almost 6 months since MF Global’s surprise bankruptcy filing. Has the case really gone cold, or are the regulators and the trustees simply spraying Teflon on every potentially sticky piece of evidence that could lead to prosecutions and the recovery of stolen customer money? It seems the only people held accountable anymore have committed crimes affecting the super-rich. Bernie Madoff is a prime example. Madoff is securely behind bars, but Jon “Teflon Don” Corzine is busy ordering caramel frappuccinos at the local Starbucks. What a nuisance shows luike Capital Account must be to the new Goodfellas of Wall Street. And what a nuisance our guest Mark Melin, who has been hot on the MF Global trail, must be as well. He gives us an update on the "cold case" that is MF Global.