Hope And Change: One Of Obama’s Top Bundlers Embroiled In The MF Global Collapse
An estimated $1.6 billion worth of money went missing at MF Global in late 2011. The man who was CEO at this time was former New Jersey Governor Jon Corzine, who also happens to be one of President Obama’s top bundlers respondible for raising at least $500,000 for the president’s re-election.
Jon Corzine — under federal and congressional investigation following accusations that the securities firm he headed illegally took clients’ funds before collapsing — is among President Obama’s top re-election campaign bundlers, raising at least $500,000, according to the campaign’s filing Friday with the Federal Election Commission.
Corzine, the former New Jersey senator and governor, and former head of Goldman Sachs, is among 127 individuals (dubbed “volunteer fundraisers” in the parlance used by Obama’s Chicago campaign) credited with raising more than $500,000 through the first quarter of 2012.
Corzine is currently under investigation by the Department of Justice. If you’re wondering why he hasn’t been charged with anything yet, maybe his financial importance to the Obama campaign is a big reason why.
By the way, last summer/fall we were told about how important income inequality (the lefty buzz word for class warfare) was going to be a primary issue in the 2012 campaign cycle thanks to the Occupy Wall Street crowd. I wonder how those people feel about President Obama being in bed with the poster child for big, corrupt bankers?
Tags: Barack Obama, election 2012, jon corzine, mf global, occupy wall street
