Limbaugh on Corzine; and Corzine implicitly admits that he did authorize the raiding of clients’ accounts

Below is an abridged version of the transcript from Rush Limbaugh’s show today where he’s talking about Jon Corzine’s testimony to a House committee:

RUSH: Corzine, as we know, testified yesterday about the MF-ers. He said he didn’t know where the money went. (imitating Corzine) “I have no clue. I really wish I did. I don’t think I committed a crime, but I may have. But I don’t know. I just don’t know where the money is.” …

… Now, the media, we have a series of media people here. “It’s a tragedy for Corzine. It’s so unfortunate. It was so very sad for Corzine.” You know, when Democrats steal, it’s a tragedy for the thief, not the victims. It’s a tragedy for the thief. It’s a depressing saga of a brilliant man brought down by just the warmest of good intentions. And they’re sad, the media is so sad, such promise. Corzine, he really believes the right stuff on environment and abortion and it’s a sad, sad thing. What we have here is a Wall Street crook, but he’s a Democrat, so the tone’s totally different. Listen to this.

MURPHY: The collapse of MF global is the latest chapter in a life story marked by ego inflating highs and ego shattering lows.

BLITZER: An embarrassing admission from Jon Corzine, the former Senator, the former Governor. He makes a less than pleasant return to Capitol Hill.

KEENE: The tragedy that brought down MF global.

DAVIS: This is a tragedy. I feel badly for Senator Corzine.

COHAN: I’m so disheartened by this whole episode and Corzine’s performance in it. This is a very sad chapter.

GASPARINO: People that know Jon Corzine, it’s not in his bones to dodge questions.

RUSH: I don’t know, folks, can we get through the weekend? We feel so bad for Senator Corzine. It’s a tragedy, a very, very sad chapter. It’s such a great crook who did it so wrong he got caught. What a tragedy. Here’s Obama, by the way. This is November 1st, 2009 at a Corzine for governor reelection campaign event.

RUSH: … Yesterday on Capitol Hill, this during the House agriculture hearing on the bankruptcy of the MF-ers, and MF Global, former CEO and former Governor Jon Corzine testified, and the question here from Randy Neugebauer, Republican,

Texas, they have this exchange about the transfer of funds out of certain accounts at MF Global.

NEUGEBAUER: Did you ever authorize any of your people?

CORZINE: I never intended to authorize anyone.

NEUGEBAUER: So you never intended to, but you may have?

CORZINE: If, if if I did, it was a misunderstanding because there is no intention under any context that I can think of that I was authorizing tapping into segregated funds

RUSH: Yeah, just $680 billion missing. Could be as high as $1.2 billion, $680 million, could be as high as $1.2 billion. (imitating Corzine) “Yeah, I have no idea, it’s just gone. I don’t know how it ended up being commingled. I didn’t authorize any crime. I might have authorized. I didn’t intend to authorize. I don’t think I authorized the crime, but it’s missing. I don’t know where it is. Why am I even here?”

[end of Limbaugh transcript excerpt]

News stories and columns I read earlier today about Corzine’s testimony indicated that he had told the House committee that he had absolutely no knowledge of how the funds went missing. I missed that he had said this:

“I never intended to authorize anyone [to remove money from clients’ accounts] …. If, if if I did, it was a misunderstanding…”

So he’s as good as admitting that he did authorize it, or took actions that were tantamount to authorizing it. If he had not authorized it, he would simply have said, “I never authorized it, period.” But he doesn’t say that.

When King Henry II in a moment of fury cried, “Will no one rid of me of this troublesome prelate?”, his lieutenants took his words to mean that that he wanted them to kill Thomas à Beckett, the Archbishop of Canterbury, and that was what they proceeded to do. When the King found out about the deed he was horrified, and embarked on an apology tour of England, publicly repenting that his intemperate words had caused Beckett’s death.

If Henry II had been like Jon Corzine, he would have said, “I never intended to authorize anyone to murder the Archbishop. If, if, if I did, it was a misunderstanding…”

- end of initial entry -

December 10

Howard Sutherland writes:

Henry II toured his realm, and he stripped to the waist and had himself flogged before the high altar of Canterbury by the chapter monks. Would any public figure so repent today? And for inadvertently inciting something he never wished to happen?

Posted by Lawrence Auster at December 09, 2011 07:02 PM | Send

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