Even After MF Global, Jon Corzine Is Not Done, Um…Impacting, the Little Guy
It wasn’t enough to go down in a fireball of ignominy by engineering the 8th largest bankruptcy in American corporate history. It wasn’t enough as a swan song to cause $1.2 billion of MF Global’s customers’ money to disappear into a swamp of opaque fraud. Effectively wrecking certain commodities markets was not a finale grand enough. No, Jon Corzine, even though in hiding save for bouts of Congressional testimony, is still reaching out to effect the lives of everyday folk in that unique and special way that so few can…
The rate for passenger vehicles traveling the Turnpike’s length during peak traffic hours will be as much as $13.85 in cash, up from $9.05 currently. The maximum charge for tractor- trailer rigs with six or more axles also will rise 53 percent, to $56.85.
The rates were approved in 2008 under Corzine, a Democrat. Republican Governor Chris Christie, who defeated Corzine in 2009, said the tolls are impossible to roll back because the state sold bonds based on the anticipated revenue.
“This is the last, I hope, one of the last vestiges of Jon Corzine’s fiscal management of the state of New Jersey (STONJ1),” Christie, 49, told WOR-AM radio’s John Gambling today.
Some people just have a talent.