Thursday, March 29, 2012

Choices

This picture is of Edith O'Brien.  She was a MF Global assistant treasurer who was at the epicenter of last year's collapse and the loss of over $1.6 billion in customer money.


She plead the 5th yesterday.  She is protecting herself as the facts come out that she received orders from Democrat Jon Corzine to take protected money from customer accounts and invest it in European bonds.

And she acted on those orders.

She is not only stupid for working for the only investor willing to buy European bonds, but she makes poor choices too.

She went along with Corzine's theft.  She was in a position to say "no" to the criminal act but chose to go ahead with it anyway.  She might be able to buy mercy by ratting-out Corzine, but it won't put her in any higher standing than the gutter rat that she is now.

Edith O'Brien, along with Democrat Corzine, exposed the banking system as corrupt, and the oversight (government) crowd as impotent.

Saving our financial system will take people of honor and integrity, not new laws.  The opposite, unfortunately, will occur.

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