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 ...
Ball four...he walks.
"FReeper Grampa Dave has been warning us for years not to invest in Dumbocrat-run companies. He's been proven right many times."
Actually, I am looking for stocks to short. The NYT for example.
LOL
"RENTON, Aug. 3 - Senator (*censored*) 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."
LOL, Name censored to protect the guilty.
Holtz
JeffersonRepublic.com
The Feds should check his and her tax returns. This is a gift.
There is something fundamentally wrong when a key litigant vacations with a justice who is about to rule on his case. It's even more troubling when their trip is funded by an oil company that has a direct interest in the case," said Corzine. Unfortunately, this reflects the Administration's long-standing pattern of improper influence and special favors for special interests. President Bush needs to establish clear rules to prevent this type of conduct from ever occurring again. I also hope that Justice Scalia will reconsider his decision to not recuse himself. There should be no doubt about the Court's objectivity and impartiality.- JonCorzine, January 17, 2004
From :
CORZINE: CHENEY-SCALIA DUCKHUNTING TRIP REFLECTS PATTERN OF SPECIAL INTEREST INFLUENCE Says Bush should set rules prohibiting such conduct and Scalia should reconsider recusal
http://www.politicsnj.com/corzine011704.htm
BTTT.
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