John Corzine’s MF Global cleaned out customer accounts before going under. Nobody’s going to jail or having their behaviour scrutinised in any meaningful way. The US now pretends to enforce a code of conduct but even if they were serious, the SEC could never match their Oriental counterpart’s ferocity or effectiveness in stopping the rot.
Because Corzine is rich, he’s presumed innocent until proven guilty and some on Wall Street are correctly deducing that his company’s fate was nothing more than ‘a hit’, a chitstorm meant to distract from all the crimes being ignored in the finance arena. Mr. Wenhua of Hangzhou and his 3 sons are not so lucky. What fully torpedoes their cause is the certainty of guilt communist authorities ascribe to the conception of his heir and two spares. China’s one-child policy has a fiscal method to it’s madness so you can bet they’ll be milking this fiasco for all it’s worth while enriching themselves to boot.
All accumulated private property will be confiscated but 15,000 plus victims who lost a total of $1.1 billion shouldn’t expect much return. Retroactive abortion has it’s up side for the Party though, windfalls in vital organ sales servicing the US health industry aren’t a bottom line figure to be sneezed at. Mind you, Chinese livers wouldn’t be as healthy as say a freshly dispatched, youngish Palestinian one but there are enough spares in an Oriental carcass to carry out the sentences without a shadow of a doubt.
