He Stole $ But Won’t See Criminal Charges

Federal Regulators will go easy on Jon S. Corzine, who was MF Global’s chief executive when the company went bankrupt and customers’ funds went missing.

In a rare move against a Wall Street executive, the agency has informed Mr. Corzine’s lawyers that it aims to file a civil–not criminal– case without offering Corzine the opportunity to settle.

Perhaps there will be a form of justice anyway. The court battle could wage on for years. Wouldn’t it be lovely if Corzine were left as penniless as the people whose money he took?

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