Tuesday, November 8, 2011

Obama and MF Global: Corzine prosecution improbable as President has fundraiser with insider

With the growing scandal for Job Corzine grows in his work at bankrupt MF Global, the question of whether the Obama Administration would actually seek prosecution against his former campaign contributer seemed unlikely despite the growing evidence.

Now it almost appears improbable.  Especially with the news that after the bankruptcy hit last week, President Obama is holding a fundraising dinner at the behest of the primary lawyer for the MF Global bankruptcy.

Monday night, Obama will attend a private fundraiser hosted by Dwight Bush, president of Urban Trust Bank, and his wife Antoinette, a partner at the international law firm Skadden, Arps, Slate, Meagher, and Flom. Skadden is the firm hired to handle the bankruptcy of MF Global, the large Wall Street firm headed by Jon Corzine, former governor of New Jersey and a strong ally of President Obama.
Tickets for the event are at least $17,900 per person.
 The Center for Responsive Politics calls Skadden “a clearinghouse for donors to the Democratic Party.” – Daily Caller

Hey Occupy Wall Street... it's about time to move over to 1600 Pennsylvania Avenue if you truly want to find the 1%er who is keeping the rich safe and secure from the same justice system that puts you in jail.

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