Posted on 08/03/2005 8:40:16 PM PDT by granite
TRENTON, Aug. 3 - Senator Jon S. Corzine provided a $470,000 mortgage to the president of a union that represents thousands of New Jersey state employees in late 2002, then forgave the debt two years later.
The union president, Carla Katz, was Mr. Corzine's girlfriend at the time. The senator said on Wednesday that an investment company he owns gave her the mortgage, then canceled it in December 2004, several months after they had stopped dating.
The loan was not illegal, and Mr. Corzine said he took care of the required gift tax on the money he ended up giving to Ms. Katz.
But if Mr. Corzine succeeds in his race for New Jersey governor this fall against the Republican candidate, Douglas R. Forrester, he could find himself negotiating opposite Ms. Katz, whose union, Local 1034 of the Communications Workers of America, represents 9,000 state workers and is one of a handful of labor groups that will seek billions of dollars from the state for wage increases and a bailout of the state's troubled health care and pension funds....
(Excerpt) Read more at nytimes.com ...
"Corzine Gave $470,000 Loan to Head of New Jersey Union"
Shouldn't the headline be: "Corzine Gave $475,000 to Girlfriend"?
Why has the NY Times tried to complicate this? And why did they bury his party affiliation?
(These are all rhetorical questions of course.)
FReeper Grampa Dave has been warning us for years not to invest in Dumbocrat-run companies. He's been proven right many times.
Well, if one executes a contract to sell ones house, and the buyer fails to perform, then the seller keeps the deposit.
Nothing unusual about that.
She certainly is a knish!! Obviously good at communications!!
The senator said on Wednesday that an investment company he owns gave her the mortgage, then canceled it in December 2004.>>>>>><<<<<<wouldn't the SEC be interested in that kind of activity?
enforcement@SEC.gov
"Nothing unusual about that."
I must have left off the part about the guy being a Saudi lobbyist.
" "The senator said on Wednesday that an investment company he owns gave her the mortgage, then canceled it in December 2004, several months after they had stopped dating."
Notice how artfully the NYT puts this. The loan wasn't cancelled--which sounds like they didn't give her the money after all. It was FORGIVEN, which means it wasn't even a loan.
If this was a Republic the headline would be on the frontpage above the fold with a picture of the girlfriend:;
"GOP GOV GIVES OIL LOBBYIST GIRLFRIEND HALF MILLION DOLLARS!"
Well well...........look what we have here!
Nothing will happen to this guy....this is standard operating procedure.
WHAT!!!!!?????
Isn't that illegal?
BUSTED!
Wait, is this illegal?
What did she in him? Ick! I smell a scandal! She must know something, for him to fork over that much cash!
Well Gosh Golly Gee .. wasn't that just nice of him
If he was a pubbie ... this news would be the top headline on all the MSM
Can't this be moved to breaking?
Big time influence peddling. Big time.
Corzine admits `relationship'
Cherry Hill Courier Post, NJ - Jul 16, 2005
... with the Courier-Post, Corzine spokesman Tom Shea confirmed the Democratic candidate for governor had "a romantic relationship" with Carla Katz, president of ...
Well .. I believe he was a Senator at the time
So, it could have been a ruse all along...to break the contract on purpose, so as to have a cover for the transfer of funds.
Well, I guess that's possible, but isn't Miss Edwards worth tens of millions?
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