Saturday, March 24, 2012

Name That Party

Mainstream media neglect to mention that crook Jon Corzine is a Democrat or a big Obama fundraiser. Or, for that matter, Obama's top economic adviser.
An item filed at the Hill on Friday afternoon by Peter Schroeder tells us that Bloomberg News was the first organization to report the latest development relating to former New Jersey Democratic Governor and Senator Jon Corzine. Bloomberg's report, via Phil Mattingly and Silla Brush, reveals that Corzine, who was CEO at the now-bankrupt MF Global Holdings until November, "gave 'direct instructions' to transfer $200 million from a customer fund account to meet an overdraft in a brokerage account with JPMorgan Chase & Co. (JPM), according to a memo written by congressional investigators." That would be an MF brokerage account, meaning that customer money was used to cover company losses. If the memo reflects what really happened, Corzine committed a crime -- either by committing perjury in his congressional testimony several months, in ordering the transfer itself, or both.

Bloomberg's report identifies Corzine as a Democrat in its fourteenth paragraph. But at least Bloomberg did so. That did not occur in reports at the Associated PressUnited Press International, MarketWatch.comCNBC. The Hill's Schroeder did tag Corzine as a Dem. Here are several paragraphs from Bloomberg's report (bolds are mine):


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