Money Trail Ties Kaine To Disgraced Fellow Former Dem Governor
As his fellow top Obama ally and former Democrat Governor Jon Corzine resigns from his now-bankrupt Wall Street firm under the cloud of a criminal investigation, Virginians are reminded that former DNC Chairman and Democrat Senate hopeful Tim Kaine took $25,000 from Corzine during his 2005 gubernatorial campaign, as well as $24,900 while serving as President Obama’s hand-picked DNC Chairman in Washington just last year.
As the Associated Press reports:
Jon Corzine stepped down Friday from running the securities firm that collapsed after his disastrous bets on European debt. The move was announced as a criminal probe of the company appeared to be intensifying… The company is under investigation by regulators and the FBI because hundreds of millions disappeared from customer accounts as it slid toward bankruptcy. Corzine ran the investment firm Goldman Sachs and was governor of New Jersey before joining MF Global… The criminal investigation of MF Global appeared to be moving forward. Corzine hired [a] criminal defense attorney…
Like Kaine, Corzine has served as one of President Obama’s top cheerleaders and, as The Hill notes, “had been widely discussed as a possible Obama pick to replace Treasury Secretary Timothy Geithner,” is “an avid supporter of the president, and showed up on a list of donors who bundled more than one-half million dollars for Obama during the third quarter of 2011… Meanwhile, an Obama campaign official told Reuters that Obama would return donations from Corzine if any charges were filed against him.”
“As Tim Kaine’s friend and fellow Obama loyalist resigns in the face of a criminal investigation for his reckless Wall Street behavior, Virginians are reminded that this disgraced Democrat bankrolled Kaine’s liberal political activities to the tune of nearly $50,000,” said National Republican Senatorial Committee (NRSC) spokesman Chris Bond.
Background Information:
In 2010, Jon Corzine Contributed $24,900 To The Kaine-Run DNC. (Federal Election Commission, www.FEC.gov, Accessed 11/4/11)
In 2005, Jon Corzine Contributed $25,000 To Tim Kaine. (National Institute On Money In State Politics, www.followthemoney.org, Accessed 11/4/11)
