Corzine on List of Top Obama 2012 Campaign Bundlers
(CNSNews.com) – Democratic former New Jersey governor and head of the collapsed investment firm MF Global Jon Corzine features on a list of top fundraisers for Barack Obama’s re-election campaign, one of 61 “bundlers” who raised at least half a million dollars each.
The list, released by the Obama campaign on Tuesday, also includes in the top tier ($500,000+) Vogue editor Anna Wintour, movie moguls Jeffrey Katzenberg and Harvey Weinstein, businessman Frank White Jr., who served on Obama’s national finance committee and Comcast Corp. executive vice-president David Cohen.Corzine, a former CEO of Goldman Sachs, served in the U.S. Senate for five years before being elected New Jersey governor in 2005.
After losing a re-election bid to Republican Chris Christie in 2009 he was named CEO of MF Global. The company went broke last fall, becoming one of the ten biggest bankruptcies in U.S. history. Some $1.2 billion was found to be missing from customers’ accounts.
The Wall Street Journal reported this week that investigators searching for the missing funds believe that a “significant amount” of the money may have “vaporized” during chaotic trading in the firm’s final days – and that much may never be recovered.
After MF Global’s collapse, the Obama campaign returned contributions from Corzine and his wife, Sharon Elghanayan, who had donated $35,800 each to the “Obama victory fund.”