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Econ Militia: Corzine Runs...from himself

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Uploaded by on Oct 22, 2009

Jon Corzine in New Jersey won a seat in the US Senate. Cost to him: $60 million. A drop in the bucket from his days as Goldman Sachs CEO.

Then, Jon won the race for governor of New Jersey. Cost to him: $43 million. He sold off the bulk of his Goldman Sachs stock to win that one.

Now, the times have changed. Governor Corzine is campaigning with a man who vilified Wall Street, who vilifies CEO pay and who vilifies excessive compensation. That man, Barack Obama, also leads Jon's political party.

President Obama ran on a platform of change. Jon Corzine is running from the platform of change. Why does Barack Obama help Jon Corzine?

There must be honor among thieves, after all.

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