The View From 1776


Schadenfreude is not an admirable emotion.  But Jon Corzine deserves his misfortune.

As a Goldman Sachs partner he became immensely wealthy, as did his colleague Robert Rubin, who became Treasury Secretary under President Clinton.  Mr. Corzine became a United State Senator, a role in which he did his best to further our national bankruptcy with liberal-progressive-socialist deficit spending.  Later, as governor, he essentially bankrupted the state of New Jersey.

Now, displaying the same degree of imprudence, he has driven MF Global, his broker-dealer firm, into bankruptcy.  At least he has finally done to his own money what he did his best, as a leading liberal-progressive, to do to the rest of us.

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