Congress Damns Corzine, Lets Him Off Hook

Perhaps we should no longer be surprised by the arrogance of Wall Street executives. Still, the level of hubris and bullying displayed by Jon Corzine during his 19-month tenure as chairman and chief executive officer of MF Global Holdings Ltd. (MFGLQ) -- as described in a recent congressional report about the company’s 2011 collapse -- stands out for sheer offensiveness.