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The PJ Tatler

by
Bryan Preston

Bio

November 2, 2011 - 7:49 am

President Obama is desperately putting his Wall Street stock in an unlikely old buddy.

The beleaguered president has recruited former Goldman Sachs head honcho Jon Corzine to shore up re-election funds from the banking industry, which is furious over Obama’s financial regulations.

Corzine, the former governor of New Jersey who was blasted out of office by Republican Chris Christie in 2009, has attended secret meetings with the president and has been working on Obama’s 2012 campaign for months, The Post has learned.

The Democrat, who now leads Manhattan-based brokerage MF Global, has been tasked with scraping up the very little banking-industry support Obama can still get.

And, like any good executive, Corzine is looking out for his own bottom line.

Success could resuscitate his political career with a top post — such as treasury secretary or a key ambassadorship — if there is a second Obama term.

Obama campaigned heavily for Corzine in his failed re-election bid, calling him “our Wall Street guy.”

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.
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