Wait, it's $1.2 Billion now???
Sounds like the books really were cooked, OR, John Crooked-Eye Corzine is using the first $600 million as a tax write-off, so he needs to pull another $600 million out of the firm to cover the customer account loss, right?
Sounds like the FBI and bankruptcy Trustee James Giddens are hard at work! It only took three weeks to find such a small forensic accounting error. It's a good thing James is billing these same customer accounts only $950/hour to practice his complex addition tables.
I called them last Friday to ask if they had any professional commodity advisers aiding them in their investigation. A spokesman replied, "No, why would we?"
GOOD CALL!
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