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What did Jon Corzine do?

What did Jon Corzine do?

After more than five years of investigations and negotiations, the curious case of MF Global is finally closed. On Thursday, federal regulators announced a $5 million settlement with Jon S. Corzine, who ran MF Global when it collapsed into bankruptcy in 2011 and lost more than $1 billion in customer money.

Who is Jon Corzine married to?

Sharon Elghanayanm. 2010Joanne Dougherty Corzinem. 1969–2003
Jon Corzine/Spouse

Who was the former governor of New Jersey?

Christopher James Christie (born September 6, 1962) is an American politician, lawyer, political commentator, lobbyist, and former federal prosecutor who served as the 55th governor of New Jersey from 2010 to 2018. Newark, New Jersey, U.S. Mendham, New Jersey, U.S.

Who were the last two governors of New Jersey?

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  • Phil Murphy. 2018 –
  • Chris Christie. 2010 – 2018.
  • Jon S. Corzine. 2006 – 2010.
  • Richard J. Codey. 2002, 2004 – 2006.
  • James E. McGreevey. 2002 – 2004.
  • John O. Bennett. 2002.
  • Donald T. DiFrancesco. 2001 – 2002.
  • Christine Todd Whitman. 1994 – 2001.

Who did Jon Corzine work for?

When Goldman Sachs went public after Corzine’s departure, Corzine made $400 million. Corzine has participated in meetings of the Bilderberg Group, a network of leaders in the fields of politics, business and banking (1995–1997, 1999, 2003 and 2004). He is a former member of the group’s Steering Committee.

Why did MF Global collapse?

MF Global experienced a meltdown of its financial condition, caused by improper transfers of over $891 million from customer accounts to a MF broker-dealer account to cover losses created by trading losses.

Who were the NJ governors?

Phil Murphy (Democratic Party)New Jersey / Governor

Who was New Jersey’s governor before Murphy?

Governors

No. Governor Term in office
Foster McGowan Voorhees January 31, 1898 – October 18, 1898
David Ogden Watkins October 18, 1898 – January 17, 1899
30 Foster McGowan Voorhees January 17, 1899 – January 21, 1902
31 Franklin Murphy January 21, 1902 – January 17, 1905

How long is governor term in NJ?

The governor serves a four-year term. The governor may serve any number of terms, but he or she cannot serve more than two terms in a row.

What brokerage firm went out of business?

In the heyday of national brokerage firms, there were no less than a dozen major players, all of which have consolidated into the four legacy wirehouses we know today: Bank of America Merrill Lynch, Morgan Stanley, Wells Fargo Advisors and UBS.

When did MF Global fail?

MF Global was the largest broker at many of the world’s commodity exchanges. But on Halloween Day – Oct. 31 – in 2011, the company filed for bankruptcy in what became the eighth-largest business failure in U.S. history.

How many governors are there in NJ?

Incumbent There have been 55 official governors of New Jersey, 1 of whom was female, with several others acting as governor for a time. In the official numbering, governors are counted only once each, and traditionally, only elected governors were included.

How many terms can a New Jersey governor serve?

How much does the governor of NJ make?

Governor of New Jersey
Formation August 31, 1776
Deputy Lieutenant Governor of New Jersey
Salary $175,000
Website Official website

Can a governor serve more than 2 terms?

How long does the Governor serve and can he or she serve more than one term? The governor holds the office for four years and can choose to run for reelection. The Governor is not eligible to serve more than eight years in any twelve-year period.

Did MF Global clients get their money back?

Former securities and commodities customers of MF Global have recovered $8.1 billion — virtually all of their assets — with Tuesday’s conclusion of the bankruptcy court liquidation of the failed brokerage formerly headed by Jon Corzine.

Who is the lowest paid governor in the United states?

The lowest salaries are those of Maine Governor Janet Mills and Pedro Pierluisi of Puerto Rico at $70,000 each.

How many terms can a governor serve in NJ?

What is the governor’s term of office? The governor serves a four-year term. The governor may serve any number of terms, but he or she cannot serve more than two terms in a row.