One Of The Greatest Chief Executives Of Any State In America

Fresh off last week's visit to the House Agriculture Committee, former New Jersey Governor and Senator Jon Corzine testified today in Washington before the Senate Committee on Agriculture.

MF's Corzine said to know of customer fund misuse Dec 13, 2011'The regulatory arm of CME Group has turned over interviews to the Justice Department that allege former MF Global chief Jon Corzine knew that the now-bankrupt brokerage firm used customer money to lend to a European affiliate, a CME executive said on Tuesday.'
...Once Chairman and CEO of MF Global Holdings Ltd., Corzine apparently does not know where $1.2 billion ended up.

Bets on European government debt sank the company causing the eighth largest bankruptcy in U.S. history, hitting ranchers and farmers who invested their money particularly hard.

Of course, time will tell if he is found guilty of any wrongdoing in this fiasco, but it doesn't bode too well for the Chairman and CEO to lose such an unbelievable amount of money.

*** Update 12/18/2011 ***
The Motley Fool has been doing some great reporting on MF, here is agreat place to start.
*** End Update ***

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In 2009, and later panned by some for the move, Montana Governor Brian Schweitzer had some glowing things to say about the then Governor of New Jersey in a speech on June 4 in Newark.

While warming up the crowd for Bon Jovi during a Corzine for New Jersey Governor fundraiser, Governor Schweitzer said he is "one of the greatest Chief Executives of any State in America", also proclaiming "Jon Corzine is the architect of the American Recovery Act", and "we need Jon for the entire country".

The 6 minute speech is currently available here.

*** Update 12/28/11 ***
I wonder if Governor Schweitzer gave back Jon Corzine's $1200 contribution like President Obama did, discounting bundlers of course.
*** End Update 12/28/11 ***