[OESY]

MORE:

Land records at the Hunterdon County clerk's office show that on Dec. 18, 2002, Ms. Katz was granted a $470,000 mortgage from JSC Investments L.L.C., a company owned solely by Mr. Corzine. A deed filed in the clerk's office indicates that Ms. Katz used $361,000 of the loan to buy her husband's share of their home in Bloomsbury, N.J. Ms. Katz and her husband, Larry McKim, later divorced.

Then on Dec. 9, 2004 - one week after Mr. Corzine formally began his candidacy for governor - the mortgage was canceled.

Mr. Corzine said the timing of the mortgage cancellation was coincidental. After a busy year spent in the Senate and preparing to run for governor, he said, he did not pay close attention to his financial matters until mid-November. As he reviewed his finances, he said, he decided to forgive the loan because Ms. Katz was facing significant financial pressure.

"I didn't want to leave her with a difficult financial burden," he said. "I had the ability to help her, so I did."

Both Mr. Corzine and Ms. Katz said that the money had nothing to do with the union's endorsement of his campaign and that it was given with absolutely no stipulations or promises

"Zero," said Mr. Corzine, who has enjoyed wide support among union leaders in New Jersey and in Washington since his election to the Senate in 2000.

Mr. Corzine said he did not think their financial dealings would present even the appearance of a conflict of interest because Ms. Katz is one of several major union leaders who negotiate with legislators and members of the state administration. Her union represents more than 16,000 members in New Jersey in the public and private sector, according to its Web site, making it the largest of the union's locals in the country....

* * *

COMMENT: Nothing undercuts our legal system as the unfair administration of justice. Democrats feel they are exempt from legal accountability for their actions. Corzine should not be immune from prosecution. From an election perspective, this is a disqualifying event.

[Liz]

Land records at the Hunterdon County clerk's office show that on Dec. 18, 2002, Ms. Katz was granted a $470,000 mortgage from JSC Investments L.L.C., a company owned solely by Mr. Corzine.

AND HERE IT IS:

JSC Investments LLC
8129 Hess
LaGrange IL 60525
(708) 246-4329 or (708) 567-2650

WEB SITE: http://72.14.207.104/search?q=cache:mb1wfp0LWrQJ:www.jscinvestments.com/contact.asp

TIDBIT Last fall, Mr. Corzine went on a buying spree--purchasing party bosses support for his gubernatorial race---- Corzine gave the maximum allowable $37,000 donation to New Jersey’s Bergen County Democratic Organization, and Mr. Corzine's 89-year-old mother, a retired schoolteacher in Illinois, donated $37,000 to the Bergen organization as well.

[martinidon]

"Both Mr. Corzine and Ms. Katz said that the money had nothing to do with the union's endorsement of his campaign and that it was given with absolutely no stipulations or promises"

Uh; I don't care what your party affiliation is; if someone gives you $500,000 free and clear you are going to feel a need to give something in return!

[kabar]

The Feds should check his and her tax returns. This is a gift.