Corzine is screwed, email shows gave "direct instructions" to transfer $200 mill

Started by jimmy olsen, March 23, 2012, 11:11:56 PM

Previous topic - Next topic

The Minsky Moment

Quote from: jimmy olsen on March 27, 2012, 06:55:46 PM
Isn't it credibility issue? She said he gave "direct instructions". Now, maybe she's lying, but it'll be hard for Corzine to denounce her as a liar given the glowing defense of her credibility he previously gave.

I'm not contesting he gave the instruction.  But if there were excess funds in the JPM custody account, then that instruction would be appropriate.  So the question is: did Corzine honestly believe (mistakenly) that there were excess funds in the account?  O'Brien's email doesn't answer that question.
We have, accordingly, always had plenty of excellent lawyers, though we often had to do without even tolerable administrators, and seen destined to endure the inconvenience of hereafter doing without any constructive statesmen at all.
--Woodrow Wilson