Silver as an investment

Category Archives: MF Global

Frontrunning: March 24

Trump Says If Vote on Health Bill Fails, Obamacare Stays (WSJ) Risky House healthcare vote to test Trump’s negotiating skills (Reuters) Trump Dares GOP in High-Stakes Vote on Troubled Health Bill (BBG) All drill, no frack: U.S. shale leaves thousands of wells unfinished (Reuters) Twitter explores subscription-based option for first time (Reuters) EU’s Juncker Says […]

Latest WikiLeaks Dump Includes Full List Of Fees From Clinton Global Initiative Donors

The latest WikiLeaks dump from this morning includes a very detailed list of 2012/2013 donors to the Clinton Global Initiative.  Like the donors to the Clinton Foundation (which we reviewed here), the list is a who’s who of wall street banks, giant energy corporations, chemical conglomerates and multi-national pharmas…you know, all the “shady” corporations that […]

Another Day, Another Doug Band Meltdown Over The Clinton Foundation “Conflict Of Interest Policy”

Each new WikiLeaks dump of Podesta emails includes at least one gem from Clinton aide Doug Band who seemingly came under internal attack at the Clinton Foundation for his “conflicts of interest.”  The constant attacks, initiated by Chelsea Clinton, clearly put him on the defensive which caused him to lash out on numerous occasions, over […]

Clinton Foundation Insider Makes Stunning Admission: “Bill Is Far More Conflicted Every Single Day”

For several days now we have been posting about the tensions between Doug Band and Chelsea Clinton (see here, here and here). The whole dispute between the two seemingly started when Chelsea raised concerns over potential conflicts of interest related to Band’s firm, Teneo, which she thought had sought favors from the State Department on […]

Clinton Foundation’s “Backstabbing, Spoiled Brat” Chelsea Lists Her Grievances Against Doug Band And Justin Cooper

With each new WikiLeaks dump, the rabbit hole in the feud between Chelsea Clinton and Doug Band seems to grow a little deeper.  The most recent disclosures included a November 11, 2011 email from Chelsea to John Podesta, Cheryl Mills and the Clinton Foundation lawyers at Simpson Thacher in which Chelsea clearly lists out her […]

Clinton Aide Doug Band Goes Off On “Backstabbing” Chelsea – “Apple Doesn’t Fall Far”

As we pointed out last week, long-time Clinton aide Doug Band had a bad habit of being brutally honest over email…particularly when it came to his feelings regarding “spoiled brat” Chelsea Clinton.  The following example comes from January 2012 when Band forwards a complimentary email from Chelsea (aka “Diane Reynolds”) essentially calling her a two-faced […]

Podesta Email Reveals “Spoiled Brat” Chelsea Almost Caused Suicide Of Foundation COO

Newly released “Podesta Emails” published by WikiLeaks reveal that Chelsea Clinton was extremely worried about potential conflicts of interest between the Clinton Foundation, State Department and Teneo, a consulting firm that was founded by former aides to Bill and Hillary Clinton.  Per The Washington Examiner, Teneo, founded by Doug Band and Declan Kelly, drew a […]

As Day In Court Looms, Corzine Tries To Settle MF Global Fraud For Just $5 Million

Five years after MF Global’s collapse after big, levered bets on European bonds blew up leaving a $1.6 billion shortfall in customer funds, WSJ reports former New Jersey Gov. and Goldman Sachs CEO Jon Corzine is nearing a deal to pay $5 million to end a U.S. regulator’s lawsuit. Ending what The Wall Street Journal […]

Germany Warns People To ‘Stockpile’ Cash In Case Of ‘War’

The German government is warning its people to ‘stockpile’ food, water and cash in case of ‘war’. For the first time since the end of the Cold War, the German government is set to tell citizens to stockpile food, water, medicine, fuel and cash in case of war, an attack, catastrophe or “national emergency”, the Frankfurter Allgemeine […]

MF Global 5 Years Later: PWC Set To Take The Fall As Corzine Still Untouched

Jon Corzine, former Governor of New Jersey and CEO of Goldman Sachs, took over the helm of MF Global in March 2010.  When revenue at the bank failed to live up to expectations, Corzine developed a scheme to place a massive $6BN bet on the sovereign debt of the aptly named PIIGS (Portugal, Italy, Ireland, […]