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Jon Corzine Raised $500,000 for Obama

Jon Corzine Raised $500,000 for Obama

Tuesday, January 31, 2012

 

Corzine and missing funds

 
The Weekly Standard ^ | 1/31/2012 | By DANIEL HALPER

According to Barack Obama's 2012 campaign website, Jon Corzine of Hoboken, New Jersey raised at least $500,000 for the president's reelection effort. Here's the listing: Corzine, of course, has most recently been in the news for being on the wrong side of a $6.3 billion bet as head of MF Global. "MF Global filed for bankruptcy on October 31, after $6.3 billion in risky bets on European sovereign debt spooked investors and an effort to sell the company failed," Reuters reported. "Investigators are searching for as much as $1.2 billion in missing customer money.
 

Corzine, of course, has most recently been in the news for being on the wrong side of a $6.3 billion bet as head of MF Global. "MF Global filed for bankruptcy on October 31, after $6.3 billion in risky bets on European sovereign debt spooked investors and an effort to sell the company failed," Reuters reported. "Investigators are searching for as much as $1.2 billion in missing customer money, which regulators said the company may have diverted for its own needs."

 

Corzine and missing funds

Corzine and missing funds

 

Later, Corzine admitted he could not account for the $1.2 billion.

At one point, Corzine was once considered a possible candidate for secretary of the Treasury Department. "President Obama once hailed [Corzine] as an 'honorable man' and one of his 'best partners' in the White House," ABC reported.

Corzine's fundraising puts the former Goldman Sachs CEO and disgraced banker in the highest category of bundlers in terms of dollars raised. But he most likely won't be a resident of Hoboken for much longer. "The scandal-hit former MF Global chief has put his penthouse condo along the Hudson on the block for $2.9 million," the New York Post reported today. "That’s a 12 percent drop compared to the $3.3 million he paid for his high-end Hoboken bachelor pad just three years earlier."

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Re: Jon Corzine Raised $500,000 for Obama

Obama Parties with Fat Cat Donors While World Burns

March 16, 2011

By Paul Steinhauser

 

MISERY INDEX RECORD UNDER THE "FOOD STAMP" PRESIDENT

 

WHILE OBAMA FIDDLES AND AMERICA BURNS

 

President Barack Obama headlines a Democratic party event Wednesday night, the second time this week and fourth time this month he’s been the main attraction at a party gathering.

The official White House schedule says that the president delivers remarks at a Democratic National Committee event at a hotel in the nation’s capital. A source with knowledge of the gathering tells CNN that Obama will speak to members of the DNC’s national advisory board and national finance committee.

Monday night the president attended another DNC event in Washington, meeting with approximately 50 supporters and potential supporters of his 2012 re-election bid. Obama raised a record breaking $750 million dollars in his 2008 campaign for president and could bring in up to $1 billion for his re-election bid.

Read the rest at CNN.com

By Celeste Katz

President Obama is headed to Harlem at the end of the month for a $30,800-per-head political cash bash.

Obama’s March 29 fundraiser at the Red Rooster Restaurant on Lenox Avenue will raise ducats for the Democratic National Committee.

The swank soiree in Harlem, an important base of African-American support, is advertised as an intimate six-table affair, Politico.com first reported.

The President will also attend an invitation-only, “Thank You Reception” at the Studio Museum on 125th Street, minus the DNC fundraising.

On a $4M Vacation, Michelle Seeks $3 From Backers

by Keith Koffler on December 30, 2011

For the first time in my life, I am really proud of this country.



Speaking from her paradisical $4 million Hawaii vacation, Mrs. Obama wants to know: Do any of President Obama’s supporters have $3 to spare for his reelection?

This is approximately like coming upon Warren Buffett on a street corner with a McDonald’s cup asking if he can have 15 cents.

Michelle’s request was part of an email sent to the Obama 2012 list today.

Obama Is 'President Zero - Zero Economic Expansion, Zero Jobs, Zero Ideas'