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Jon Corzine Considers Launching Hedge Fund

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Plan would mark return to finance for embattled former MF Global CEO

By JULIE STEINBERG and ROB COPELAND
April 19, 2015 7:05 p.m. ET
182 COMMENTS

Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter.

The fund would start with cash from Mr. Corzine’s personal wealth and a handful of outside investors. Mr. Corzine said he had been speaking with about a half-dozen potential investors, and projected around $150 million in assets under management, one of the people said.

The plans are tentative and could evolve or fall apart in coming months. But a launch would mark an unlikely return to high finance for Mr. Corzine, the 68-year-old former Democratic U.S. senator and New Jersey governor who has stayed out of the limelight since commodities brokerage MF Global declared bankruptcy in 2011.

https://www.wsj.com/articles/jon-corzine-considers-launching-hedge-fund-1429484718

9 thoughts on “Jon Corzine Considers Launching Hedge Fund

  1. How many more billions does this man need to bilk people out of, with perfect immunity from prosecution, before he’s done with us?

  2. Nice pic…2 criminals from Illinois !

  3. PT Barnum said it best there is a sucker born every minute.

  4. Well if Meriwether can fall from one bed to another (Solomon scandal, LTCM blowup, JWM partners collapse_), at least give Corzine the opportunity to blow up at least one more enterprise.

  5. What year approximately did Hillary get her face lifted and cheekbones raised…?

  6. I am appalled that Corzine has any money left with which to start a fund, but that’s beside my main point, which is: anyone who loses money to a Corzine backed hedge fund at this point, deserves to lose their money to a Corzine backed hedge fund.

  7. Somebody please tell me there are not complete f$&;@!g ass&$@)3
    That would actually give this scumbag cash?
    Help me out here…

  8. Never trust someone wearing a beard

  9. They still give money to John Meriwether, Dick Fuld keeps resurfacing, etc…the folks up on 0.01% perch always have opportunities to wreak more havoc and pocket millions…

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