MF Corzine still bundling cash for prez
Barack Obama’s reelection campaign has released the most recent list of names of fundraising bundlers. On that list is Jon Corzine, the former governor of New Jersey and embattled money man, the former head of MF Global:
Corzine, according to the Obama campaign, has once again helped raise more than $500,000.
(He was likewise named a bundler in January, when the Obama campaign last released the names of their money men.)
“MF Global and its brokerage sought Chapter 11 bankruptcy after a $6.3 billion bet on the bonds of some of Europe’s most indebted nations prompted regulator concerns and a credit rating downgrade. Corzine quit MF Global Nov. 4,” Bloomberg reported.
As ABC reported, “President Obama once hailed [Corzine] as an ‘honorable man’ and one of his ‘best partners’ in the White House.” Since that time, Obama has tried to distance himself from Corzine, who at one point was considered for the treasury secretary slot.
But apparently Obama is still willing to use campaign funds from the embattled Corzine.
Posted in TWS