Jon Stewart Skewers Former NJ Gov. Jon Corzine For Risky Bank Bets

Jon Stewart provided a breather today from a day full of Herman Cain sex scandal developments with a long roast of former New Jersey Senator and Governor and Goldman Sachs CEO Jon Corzine— or, in his words, the one man who “could embody the corporate/industrial/government complex in all its clusterf*ckitude.” Corzine, who is now nursing the injury of the collapse of his investment firm MF Global, put most of the money on European debt, which Stewart found, at best, hilarious.

Stewart began with an update of what was going on in the Occupy Wall Street movement, and turned to find an embodiment of what exactly the movement was upset with. Enter Corzine, who went from Wall Street to politics and straight back to Wall Street, except in this last round, Corzine seems to have completely collapsed his organization. Stewart joked through several television appearances in which Corzine demande stricter regulations for banks– back when he was a politician, of course– and one in which he, ironically, looked at the collapse of Lehman Brothers as unfortunate.

While the politician Jon Corzine saw Lehman Brothers as a cautionary tale, Stewart joked, the investor Jon Corzine saw Lehman as a dare to make even riskier bets, and so he bet on European debt, which Stewart joked was like betting “purple” in a roulette game.

The segment via Comedy Central below:

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