Corzine, Obama’s buddy, possibly oversaw the loss of over $1.2 billion from clients’ accounts. It was illegal for money to be taken from client accounts, so I think Corzine might consider fleeing to some South American country while the getting is good.
The bankruptcy trustee, James Giddens, said that it is likely $1.2 billion is gone from client accounts. Earlier reports had it at $600 – $700 million. Politico