Our only question is will $1.5 billion in theft be enough for the first real perp walk of an Obama-friendly Wall Street executive?

-Zero Hedge, wondering whether Democratic maven Jon Corzine will be jailed over his apparent criminal actions in the downfall of MF Global.

We also expect the regulators to do absolutely nothing to prevent this blatant abuse of fiduciary duty which has no other purpose than to hide the true sad state of America’s banking system

-Zero Hedge, describing the way TBTF banks dress up their quarterly reports of Tier 1 capital, in what is known as a Repo 105.