Former NJ Gov. Corzine steps down from collapsed securities firm, hires criminal attorney
Posted in Main Blog (All Posts) on November 5th, 2011 4:35 am by HL
Former NJ Gov. Corzine steps down from collapsed securities firm, hires criminal attorney
WASHINGTON — He set out to create a mini-Goldman Sachs. In the end, he built a mini-Lehman Brothers.
Former New Jersey Gov. Jon Corzine’s resignation Friday from the securities firm he led capped a week of high drama and swift failure.
MF Global collapsed into bankruptcy Monday, and Corzine has since hired a criminal defense attorney amid an FBI investigation into the disappearance of hundreds of millions of dollars in client money.
Afternoon Fix: Webb not sure he’ll campaign for Obama in 2012
Jim Webb says he’ll see what it looks like next year, Herman Cain is the Koch brothers’ other brother (from another mother), Paul Ryan is impressed with Mitt Romney and Rick Perry has disclosed new debts.
Make sure to sign up to get “Afternoon Fix” in your e-mail inbox every day by 5 (ish) p.m.
EARLIER ON THE FIX:
Republican presidential contenders pitch state GOP, avoid talking about embattled Cain
DES MOINES, Iowa — Herman Cain’s presidential rivals focused Friday on anything but the decade-old sexual harassment allegations dogging the Georgia businessman’s campaign.
No one, it seemed, was eager to weigh in on Cain and the furor that has consumed the race for the GOP nomination over the past week. Five of Cain’s opponents were in Iowa to court Republicans at a GOP dinner in the state that holds the race’s leadoff caucuses in just two months.
Bill Clinton has advice, and some criticism, for President Obama in new book
President Obama and his Democratic allies made two key political missteps in recent years, according to former president Bill Clinton in a new book to be released Tuesday.
First was not raising the federal debt ceiling in the first two years of the president’s term, when Democrats still had a majority in Congress, and then failing to devise an effective national campaign message during the midterm elections of 2010.
