The media continues with the kid-glove treatment of former NJ Gov. and Sen. Jon Corzine, Democrat. He’s had a “full life.” There was “no hint of doom” when he spoke to a roomfull of sympathetic folks the night before the truth came out about MF Global.
But let’s take a look at just a few of the entities Corzine has been involved with.
Enron, to which Corzine sold some deals when he was head of Goldman Sachs. Enron well belly-up in a huge accounting fraud scandal, and Goldman had to be bailed out by the taxpayers.
Corzine was also governor of New Jersey, and left a massive budgetary mess for Chris Christie to clean up.
And then there’s Corzine’s latest venture, MF Global, which has admitted misusing $900 million of its customers’ money to paper over its massive problems.
One man links all of this: Jon Corzine. Obama’s “Wall Street Guy.” Corzine is a major Democrat and Obama fundraiser, and was short-listed to be Secretary of the Treasury after Tim Geithner.
Through all of this Jon Corzine has become a very rich man, rich enough to buy a Senate seat. But he may be a close second to fellow Democrat Jamie Gorelick, in the number of unmitigated disasters in which he has played some major role.
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