Posted by:
alex71ut
(
)
Date: March 24, 2012 10:52AM
Now that the church is moving forward online to tell their story, defend themselves, etc. it'll be interesting to watch them face and deal with even more scrutiny. Their own electronic records will do more to openly expose their crooked behaviors than anything we can do here.
A former CEO of one the nation's largest banks Goldman Sachs, US senator, and NJ governor is in huge trouble right now. Up to Halloween he was often-mentioned as the most likely candidate to become the next US Secretary of the Treasury. And all his political connections are going to mean nothing. That's because of electronic records which will make any chances of "circling the wagons" a moot point because the evidence is pretty clear cut/dried and nobody wants to get themselves entangled with his dirt.
1. Corzine makes an oath in Congress to tell the truth, whole truth, etc.
http://www.youtube.com/watch?NR=1&v=h1Cy9heNems&feature=endscreen2. Corzine tells his tale to Congress.
http://www.youtube.com/watch?v=WtHgOzGXXAU&feature=related3. Now we find out he stole 200 million dollars of customer money and he failed to tell Congress about this despite making that oath. He broke the cardinal rule of investment banking in transfering investors' accounts' funds to the firm's accounts. It's considered robbery and hardly different than someone pulling up to a teller with a gun and demanding money. In this case instead of a gun it was the CEO and he was demanding 200 million dollars. The banks/brokerages all know that if you allow this behavior to ever happen that you could cause the most epic bank run of all time.
http://www.cbsnews.com/8301-500395_162-57403660/report-corzine-ordered-$200-million-transferWe all saw how fast MF Global went boom; and now as the truth comes out we're watching their former CEO's reputation go boom. We saw this with Bott at BYU. And at the right time we can and will see it happen to other higher ups in Mormondom.