Mr. Corzine worries that the administration will make “a serious foreign policy mistake,” he said, which would be “horrible for markets.” He said
that he planned to place a major bet that the market would fall but added that, as an American, “I’m hoping that I’m wasting money.”
His thesis is not solely that the Trump presidency will fail,
but also that, with policies like tax reform, “the functional element of Washington may create opportunities, too.”
The fund, he said, will help him expand philanthropic efforts at a time when his personal fortune is a fraction of what it once was.
Mr. Corzine also spoke publicly for the first time about the death of his son Jeffrey, who
was by his side during his time at MF Global and who invested his own money in the firm.
In his first interview since the MF Global meltdown began, Mr. Corzine detailed his plans for a new hedge fund, saying
that he will seek to anticipate what often seems unpredictable: how the Trump administration and other world leaders will enact policy and, in turn, move markets.
In Tumult of Trump, Jon Corzine Seeks a Wall Street Comeback -
By BEN PROTESSMAY 18, 2017
Jon S. Corzine is a 6-foot-2 bear of a man who has spent decades roaming expansive halls of power.
Mr. Corzine was dating a New Jersey union leader at the time,
and although the relationship ended, the romance raised eyebrows as his ambitions were expanding: Mr. Corzine planned a run for New Jersey governor.