Obama Recruits Former Goldman CEO and Ex-NJ Gov Corzine to Win Back Wall Street
- Posted on July 5, 2011 at 2:58pm by
Christopher Santarelli
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In gearing up support for 2012, President Obama has called in former Goldman Sachs CEO and ex-New Jersey Governor Jon Corzine to win back support for the President from leaders in the banking industry. New York Post:
“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.”
President Obama campaigned heavily for Corzine’s failed 2009 gubernatorial reelection bid. Corzine was first elected to U.S. Senator for New Jersey in 2000, following his 1999 exit from investment banking giant Goldman Sachs after a power struggle with future Treasury Secretary Hank Paulson. Corzine made an instant $400 million when Goldman Sachs went public in 1999.
The President has been criticized by Republicans during his first term for what some saw as an attempt by the Oval Office to “Demagogue“ and ”Demonize” Wall Street. But Obama has been courting Wall Street of late, including attending a $35,800-a-plate fundraising dinner in New York City in late June hosted by a committee of bankers, private equity executives and hedge fund managers. Corzine hosted a similar event for Obama at the former Governor’s home this past April.
The New York Post eludes that Corzine‘s support could be motivated by the former governor’s desire to get back into the national political dialogue:
“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”
Current Treasury Secretary Timothy F. Geithner has allegedly told White House officials that he is considering exiting his post after President Obama and Congress come to an agreement on the nation’s debt limit.
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Comments (57)
psadie
Posted on July 6, 2011 at 7:44pmThis has to be some kind of joke to put Jon Corzine in there to win back Wall Street. Corzine LOST to Christie. Corzine only knows how to pander to the unions. He’s a loser who ruined NJ.
Report Post »Fina Biscotti
Posted on July 8, 2011 at 10:13amObama campaigning for Corzine to be re-elected as Governor fo New Jersey – after Corzine had pushed New Jersey into “RUIN” -
is why the people of New Jersey took on – Vote for Change = Republican Governor Chris Christie.
Report Post »jacobstroubles
Posted on July 6, 2011 at 7:38pmOH…. so he’s bringing more garbage into the wh…
Report Post »Why would anybody be shocked…
itswakeuptime
Posted on July 6, 2011 at 4:13pmWhats new?/ the corporatist-fascism cronie ******** regimes live on thru our imperial emperor vomit obama….!!
Dont worry fascist obama and his plutocracy are soon gone.,.!!
He’s being impeached very shortly and his high powered sincophants will get the french head removal job…The gillotine…Espeically if these hegemonic fascits insist to put troops onthe ground in libya!! And keeping the drones killing in now 8 countires……!!
The whole world has and so has the american public!! Of this pack of jokers pnac-the neo-cons…. All of them well known for massive murderers theses war criminals and all others of the same ilke..!!…Off with their heads!!
Depose obama now and impeach his arse!!
The worm has turned!! And its not going to be pretty for vomit obama¬¬! He’s going down the toilet soon!! Glug..Glug…Glug…..!! And good riddance!! To all of them!! I say!!..
Report Post »kj95376
Posted on July 6, 2011 at 4:11pmThat makes perfect sense to me.
Obama bringing in a corrupt shake down artist and someone who really screwed up Jersey as well.
KJ
Report Post »MoHAMplz
Posted on July 6, 2011 at 2:40pmTwo slugs in a very cozy pod: Barry/Corzine. LMAO!!!
Report Post »rthudgins
Posted on July 6, 2011 at 2:21pmObama recruited these asswipes a couple years ago to help him win the elections.. They have always been in his back pocket.
Report Post »Ghandi was a Republican
Posted on July 6, 2011 at 2:19pmHere are your ‘shares in the profitable (if erected) carbon exchange (shoerbank) corzine” Now get to work! $Billions or zero for YOU! You decide!
Report Post »Rweb
Posted on July 6, 2011 at 1:20pmGeneral patron could not help this bum
Report Post »bobbie22
Posted on July 6, 2011 at 12:49pmLook who came out from the rock. After he gave away New Jersey with Karla his Union head girlfriend. What next he will help Obama give away the USA. Beware of this slug.
Report Post »DirectlyUnPCman
Posted on July 6, 2011 at 11:43amWAIT!!! I thought Wall Street was Republican territory? Lying PoS!
Report Post »fatfreetoothpaste
Posted on July 6, 2011 at 10:41amYeah. Good luck with that. lol!
Report Post »CSense77
Posted on July 6, 2011 at 10:30amBoth are delusional, corrupt, narcissists who should stay out of the way of the American public’s business!! Well, loser’s DO need to stick together, hopefully Corzine will rub off on Obama to solidify the loss as Obama did when he went to NJ for Corzine!!! I swear if you throw in Biden up there, you’d have all 3 stooges….hate to insult the stooges that way though…..
Report Post »varnell99
Posted on July 6, 2011 at 7:55amYou know if someone shafted me as much as Obama and his czars have shafted Wall Street there is no way I would help, vote or want Obama back in office for another terms. Oh wait he has!!
Report Post »Matlor
Posted on July 6, 2011 at 3:00amBuying elections, plain and simple.
Whoever has the biggest bankroll wins.
Absolute bull!
Report Post »Matlor
Posted on July 6, 2011 at 2:54amAll about the damn money isn’t it?
Report Post »Absolutely shameful.
Money and an election campaign, screw the problems of the country or trying or doing your jobs, no let’s just focus on raising money for an election.
The money needs to be capped and the election or vote should be on merit & performance.
firemanfrank
Posted on July 5, 2011 at 9:56pmIf this president by title only gets elected again,then I know for sure that the election system is the most corrupt operation in this Country and who ever is running it I bet is from Chicago, Someone with a little juice should look into this before our flag is flown upside down, if there even will be an American flag representing this place.
Report Post »Skee
Posted on July 5, 2011 at 9:52pmWait a sec. Isn’t Corzine an evil fat cat. Ex ceo of Goldman sachs and made 400 mllion and how about Immelt from GE. Another elitist moment brought to you by president B.O.. Do as I say, not as I do, you silly little piss ants.
Report Post »Skee
Posted on July 5, 2011 at 9:18pmBankers know they won’t get a return for their investment. Even Soros is staying out of this election but that doesn‘t mean there aren’t other things to dabble in.
Report Post »resistanceflllc
Posted on July 5, 2011 at 9:35pmDon’t believe that “Spooky Dude” is going to stay out of this election. He’s got to many chips on the table to fold now. Anyone who believes this is going to be whacked when the time is appropriate. There are 16 months till the election and the Dalibama has no primary challenge, why would Soros be involved now? Does the old saying, “Keep your powder dry” ring a bell?
Report Post »SheriS
Posted on July 5, 2011 at 9:01pmInteresting—isn’t Cozine the one that put New Jersey almost in to bankruptsy! Seems to be typical of any Obama appointeed–maybe that’s how he decides who he will appoint for any position!
Report Post »resistanceflllc
Posted on July 5, 2011 at 8:48pmAre the players on Wall Street, or are we, the dupes? How can anyone, even the Wall Streeters, not see what is going on with the man that kicked Corzine’s a**, even after the Dalibama campaigned for him like a dog against Christy? And NOT see Corzine as Toxic? And these are supposed to be the best, brightest and smartest financial minds in the world? I hate to say it, but WE’RE SCREWED!
Report Post »vennoye
Posted on July 5, 2011 at 8:48pmHave you ever seen anything more sleezy than this 44th and his entire administration…….just watching him or listening to him makes you feel grubby.
Report Post »Snowleopard {gallery of cat folks}
Posted on July 5, 2011 at 8:40pmGod here we go with more old school radical chronism again; got to admit though the picture does look like Mr Obama is saying something and the guy is looking like “You have got to be kidding.”
Report Post »Salamander
Posted on July 5, 2011 at 8:36pmCan we get Goldman OUT OF OUR GOVERNMENT! A little tension between business and government/regulation is GOOD! GOLDMAN has a huge stake in our energy markets (specifically peaking electricity–that ‘purchased power’ surcharge on your electric bill!!! What me worry?
Report Post »enemy of the statist
Posted on July 5, 2011 at 7:20pmAs a NJ resident and former Wall Streeter I can tell you that NJ doesn’t like him much and Wall Street hates him. So go for it!
Report Post »Jenny Lind
Posted on July 5, 2011 at 6:51pmGood luck with that.
Report Post »fastfacts
Posted on July 5, 2011 at 7:04pmOBAMA HIRES POLAR OPPOSITES:
Wall Street probably loves Goldman Sachs CEO but hates Corzine for his poor policies in NJ. Obama attacks Wall Street and over regulates them and yet they still support him. Funny how short our memories are.
What would his liberal/progressive base say if they opened their eyes to see what he is doing to entice Wall Street.
( http://tiny.cc/pwdsm )
Report Post »smalldog
Posted on July 6, 2011 at 5:42pmIs it about the profits or the ‘free’ and secret money from the Federal Reserve?
How much do they get? How much is funneled through foreign banks? No taxes paid on the profits?
Report Post »pavepaws
Posted on July 5, 2011 at 7:06pmLoser then, loser now.The Prez uses a loser, so what else is new. Corzine’s banker associates should know him for what he is.
Report Post »tower7femacamp
Posted on July 5, 2011 at 8:44pmIn the United States today, it is becoming increasingly fashionable to openly trash the U.S. Constitution. Many among the elite are not even trying to hide how much they hate the U.S. Constitution anymore. As the Patriot movement and the Tea Party movement call for a return to the principles that this nation was founded upon, many among the elite and in the mainstream media are responding by publicly dumping on the U.S. Constitution. The level of vitriol that we are seeing for our founding fathers and for our Constitution is unprecedented. It turns out that the U.S. Constitution does not fit very well with the benevolent futuristic “Big Brother” totalitarianism that they want to impose on all of us. All of that talk about “freedom” and “liberty” in the Constitution does not exactly square with thecentralized global planning that the elite have in mind. The ruling elite believe that the “rights of the individual” must be greatly restricted for the “good of society” and for the “good of the environment”. Right now the “constitutional revival” that is happening in the United States is a direct threat to what the elite are trying to accomplish, so they are responding by openly attacking the Constitution.
Report Post »http://www.infowars.com/the-elite-are-not-even-trying-to-hide-how-much-they-hate-the-u-s-constitution-anymore/