MF Global: Crime, Comedy, and the Cover-Up

``MF Global CEO Jon Corzine, a former head of Goldman Sachs, signed off on statements that said his internal controls were adequate. After Enron, the Sarbanes Oxley Act was meant to assure Americans that officers that signed such statements would be held accountable for their accuracy... Jon Corzine should have a big problem under Sarbanes Oxley. There's no getting around the fact that MF Global's compliance standards were unreasonably inadequate... [but] it seems that both sides of the aisle in Congress view huge fundraisers like Corzine as untouchable.''