Jon Corzine Will Not Only Not Face Prosectuion, But May Be Launching A Hedge Fund Imminently

``In what should be the biggest non-news of the day, the NYT is reporting that not only will Jon Corzine not face any criminal prosecution for vaporizing hundreds of millions in client money (which subsequently condensed in the JPM middle office), but will in fact be launching ... wait for it... a hedge fund.''