Posted on 08/05/2005 2:44:56 AM PDT by Liz
The NJ governor's race exploded into a firestorm yesterday, with the revelation that super-rich Sen. Jon Corzine gave $470,000 to a former flame who runs one of the biggest state-employee unions.
The value of the donation ballooned to as much as $615,600, because Corzine also paid the gift tax.
The Democrat stonewalled questions about whether he gave any other money to sultry Carla Katz, who represents 9,000 NJ state employees as head of Local 1034 of the Communications Workers of America.
Corzine refused to say if he made any other gifts to Katz and her family, declaring, "I'm a public official but I also have a private life."
But Larry Noble of the Center for Responsive Politics said, "As a political matter . . . I think he has to answer whether there is an ongoing financial relationship. The voters are going to want to know."
NJ Republican Chairman Tom Wilson called it "déjà vu all over again" and evoked memories of the sleaze that led former Gov. Jim McGreevey to resign after putting a man with whom he'd had an affair into a sensitive job.
"She's not somebody who owns a widget company in Secaucus. She's the president of the largest bargaining unit for state employees"..........
Corzine is the richest US senator......worth at least the $261 million he made as Goldman Sachs CEO. John Kerry is a billionaire through his wife.
On Dec. 18, 2002, Corzine granted a $470,000 loan to Katz through a company he controls so she could buy her Bloomsbury, NJ home from her ex-husband, according to documents uncovered by The Star-Ledger and NY Times.
The relationship ended in July 2004 and Corzine turned the loan into a gift on Dec. 9 — one week after he launched his campaign for governor.
(Excerpt) Read more at nypost.com ...
Yeah, but did the bimbo pay taxes on the "gift"?
Corzine met Katz in 1999 when he was campaigning for his 2000 U.S. Senate run.
He split from his wife of 33 years in 2002, and their divorce became final in late 2003.
So Carla Katz is the hot pastrami Jon cut the mustard with that put the kibosh to his marriage.
Snort. Jon-Boy wouldn't be in a dilly of a deli if he'd had enough sense to hold the pickle (poster laughs uproariously).
Your alliteration is inspiring, Liz!
Amazing the things that happen when men can't keep it in their pants. I guess money can get you the babes, but it can't get you brains.
Thanks, Jen.
Corzine musta got drenched when he tossed that hot potato salad.
I relish your rye sense of humor.
He looks old enough to be her father.
Typical of those rich, elitist Republican plutocrats.
Try grandfather.
Now, now let's not be unreasonable----Corzine was just affirming his union affiliation----to show the bimbo he was labor-intensive (snicker).
" On Dec. 18, 2002, Corzine granted a $470,000 loan to Katz through a company he controls so she could buy her Bloomsbury, N.J., home from her ex-husband"
Wasn't that loan forgiven, yet she's still servicing it?
hey that was his money....just think what he will do with the taxpayers $$!
This will go nowhere. Remember McGreevey's ratings went UP when the skeletons came prancing out of HIS closet.
Except that Bubba Corzine is a DimocRAT.
Depends on the meaning of "it."
I wonder if he looked for the Union label?
While busily, and presumably happily, schtupping Carla, he loans her money, said loan secured by the mortage on the property. AFTER the schtupping ceases, THEN he gives her money, AND pays the tax on the gift? Now what does this sound like to you, boys and girls? A pay-off?
BTW.... when was Corzine separated from his wife..I think it was in 2003..surely some intrepid reporter has matched the dates by now...ergo, Johnny was a baaad, baaad boy..and look for his wife to now reopen the settlement...Carla may well turn out to be one of the more expensive 46 year old pieces of ass on the planet..
Dang, Liz, your headline was a little misleading!
Hot-diggety-dog----I love to be slathered with compliments.
Man, I'm on a roll (smirk).
Geez, we can't release the pics of JonBoy and Katz cavorting in the sack on pink satin sheets just yet---we're waiting until the election gets into gear after Labor Day. Have patience will you?
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