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EDITORIAL: The Corzine standard

A friend of the president gets invited to great parties, the chance to hobnob with Hollywood celebrities and sometimes, if the friend gets in trouble, he can pull out a “Get out of jail free” card. There’s little else to explain how Jon S. Corzine, the former Democratic governor of New Jersey, appears to pay no price for “negligent conduct” that cost clients at the Wall Street firm MF Global Holdings nearly $2.1 billion. This comes from new findings by Louis Freeh, the former head of the FBI, who investigated the role of Mr. Corzine in the collapse of the financial firm. Read more in the Washington Times here.

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