Edith Oâ€™Brien (Edie), the former assistant treasurer at the former MF Global Holdings Ltd. The bankrupt firm, was run into the ground by former senator, governor, and Goldman Sachs chair, Jon Corzine.Â Ms. Bryant is an interesting soul.Â She has taken the Fifth when asked to testify about her role in transferring funds to meet shortfalls.Â However, her lawyers have made an offering of proof in exchange for her immunity, but the government has said she is not a target.Â She has worked with the
bankruptcy trustee to find the funds to repay MF Global customers (whose funds were used for the shortfall) for their losses, and she has even met with a lawyer and broker representing the customers.
Mr. Corzine, in the longstanding pattern of CEOs, has his â€œI knew nothingâ€ defense to the debacle of his firm losing $1.6 billion in client funds.Â In true, but too frequent
executive cowardice, Mr. Corzine insists that Edie told him the transfer was proper.Â The spunky Ms. Bryant is having none of it and is concerned about being â€œthe fall guy.â€ She has told friends, â€œThey may have thought they had a chump, but theyâ€™ve got the wrong chump.â€Â Ms. Bryant, keep at it.Â Out here we are fairly clear about what
happened at MF Global.Â Fight the good fight. Let the real chumps fall where they may.
Aaron, Lucchetti, Julie Sternberg, and Mike Spector, â€œA Year Later, All Eyes Still on â€˜Edie,â€™â€ Wall Street Journal, October 31, 2012, p. C1.