Obama's MF Global Ties are Big Trouble for Re-election Campaign
More Obama administration Crony Capitalism and Corruption comes to light when looking into the corrupt and bankrupt financial company MF Global, which is currently being investigated by the FBI after finding out that besides the shockingly quick bankruptcy, hundreds of millions of dollars are also missing from their client’s accounts.
MF Global’s chairman and CEO, and former New Jersey governor, Jon Corzine, raised at least $500,000 for the Obama campaign, and in return, Obama campaigned for Corzine’s failed re-election efforts, and is said to be planning on offering Corzine a position in his administration, if re-elected.
That is a VERY big “IF” Obama!!
The bankrupt financial company MF Global, now under federal investigation for possibly misusing clients’ money, is one of the top sources of contributions for President Obama’s reelection, complicating the campaign’s effort to turn public anger at Wall Street into a political advantage.
Employees of the company have given $108,650 to Obama’s campaign and the Democratic National Committee, according to federal records. MF Global’s chairman and chief executive,
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