E-mail updates
Follow on Twitter
Subscribe to RSSFormer MF Global CEO Jon Corzine has put his Hoboken, New Jersey, penthouse on the market, reports CNBC's Kayla Tausche.
The real estate listing alone is enough to make most New Yorkers green with envy: a 2,400 square foot, 2 bedroom, 3.5 bath penthouse with floor to ceiling windows overlooking the Hudson River and views of the Manhattan skyline.
The price tag might make them gag, however.
Former N.J. governor Jon Corzine, whose now-defunct brokerage MF Global is being probed for allegedly using clients' funds to shore up the firm after bad bets on European debt, has put his Hoboken, N.J., apartment on the market for $2.9 million, according to the listing at Halliburton Home Real Estate Services.
CNBC says the former head of Goldman Sachs and ex-Democratic Senator from N.J. bought the home in 2008, when he was governor, for $3.64 million. That kind of haircut would be called a high-and-tight.
The Wall Street Journal reported Monday that the $1.2 billion in missing MF Global customer money may have "vaporized" in the weeks before the company filed for bankruptcy protection on Oct. 31, 2011.
Leave a Comment:
Nice digs for the 1% friend of President Obama and Vice-President Biden. Yup, Mr. Corzine is the smartest money manager they know. Just another crook to me.
How does $1.2 billion just "vaporize"? Why haven't the feds taken control of Mr. corzine's assets until the investigation is complete?
I just know that I am going to cry for him tonight when I go to bed.
However, someone should act fast and place a lien on the property before
he scoots with the money....
Poor guy, darn his company fails and now his home is for sale. Where is he going to live. I feel so bad for him. (Sarcasm)
I hear there is a jail cell just waiting for him. That way he doesn't have to worry about lodging.
Exactly where he belongs, the big house.
When are they going to arrest this one percenter.
maybe Obama will give him a bailout....
The bum should at least be out on bail. Big BAIL. This MF will be living in Switzerland soon.
People... People. He is NOT selling his primary residence. This is just his city digs. Liens? He is very well connected. Prosecuters won't touch him unless they have a 100% guarantee on conviction.
Mary 52, Maybe Obama will give him a pardon.
what does it take for this guy to get arrested. If he had robbed a 24/7 of $100, he would be in jail without bail.