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| -Short Attention Span Theater- |
| Union pension funds sue Corzine & Vampire Squids |
| 2011-11-19 |
| (Rooters) - Seven banks that helped MF Global Holdings Ltd sell bonds were sued by pension funds who said the bonds' offering prospectuses concealed problems that led to the futures brokerage's collapse. The lawsuit was filed Friday afternoon in Manhattan federal court against units of Bank of America Corp, Citigroup ...contributed $736,771 to the 2008 Obama campaign... Inc, Deutsche Bank AG, Goldman Sachs ...Malefactors of Great Wealth, the second most generous contributor to the 2008 Obama campaign, with a total of $1,013,091... Group Inc, Jefferies Group Inc, JPMorgan ...where we keep our plutocrats, contributed $808,799 to the 2008 Obama campaign... Chase & Co and Royal Bank of Scotland Group Plc. Other defendants include several officials associated with MF Global, including former Chief Executive Jon Corzine. The lawsuit was brought by the IBEW Local 90 Pension Fund in Connecticut, and the Plumbers' and Pipefitters' Local #562 Pension Fund in Missouri, and seeks class-action status. |
| Posted by:Anguper Hupomosing9418 |
| #8 Of course the perceptive analysis stated by Glenmore could be the case too. In which case we will have to wait to see what the fickle finger of fate deals. |
| Posted by: JohnQC 2011-11-19 19:23 |
| #7 Let's see, MF Global Holdings LTD was holding union pension funds. Global was run by a Democrat. Many of those involved in these lawsuits were contributors to BHO's 2008 campaign (and most likely his 2012). Karma's is a b!tch. What does the "MF" stand for? Obviously not what I think. |
| Posted by: JohnQC 2011-11-19 19:19 |
| #6 Glenmore gets the Kupie Doll. The Democrats are a wholly-owned susidiary of the Unions. |
| Posted by: Deacon Blues 2011-11-19 17:31 |
| #5 #4 - Damn, I hadn't thought of that. Brilliant prediction! |
| Posted by: Anguper Hupomosing9418 2011-11-19 15:41 |
| #4 The events will play out thus: Unions win suits and are restored by banks, who are rescued by government (which is to say, taxpayers), and unions give thanks by way of contributions to The Party. |
| Posted by: Glenmore 2011-11-19 12:27 |
| #3 Zero Hedge take on this, not good. |
| Posted by: tipper 2011-11-19 11:11 |
| #2 This whole thing is another form of inbreeding |
| Posted by: M. Murcek 2011-11-19 10:48 |
| #1 ....against units of Bank of America Corp BoA, where sheep can send their OWS contributions to. YJCMTSU. |
| Posted by: Procopius2k 2011-11-19 10:32 |