Video: Phil Murphy explains how he’s different from Jon Corzine

 

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Posted: July 18th, 2017 | Author: | Filed under: 2017 NJ Gubernatorial Politics, Monmouth County News, New Jersey | Tags: , , , | 8 Comments »

Phil Murphy — A Bloomberg, Not a Corzine

By Alan J. Steinberg

Alan J. Steinberg

Alan J. Steinberg

Initially, I thought Phil Murphy, as a candidate for the New Jersey Democratic gubernatorial nomination in 2017 would be the second coming of John Corzine – a well-meaning yet out-of-touch gubernatorial candidate who would be unable to communicate effectively with middle class and working class New Jerseyans.

Murphy had been appointed by former Acting Governor Dick Codey in 2005 to chair an advisory commission regarding the state pension shortfall.  The commission’s implicit recommendation was a $12.1 billion tax hike – political suicide in New Jersey.  To me, this was the forerunner of the Jon Corzine asset monetization/toll hike proposal which doomed him in his reelection campaign against Chris Christie in 2009.

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Posted: December 18th, 2015 | Author: | Filed under: 2017 NJ Gubernatorial Politics, Alan Steinberg, Opinion | Tags: , , , , , , | 2 Comments »

Corzine and other MF Global directors reach new $64.5M settlement with investors

NEW YORK–Former Gov. Jon Corzine has agreed with other former directors and officers of MF Global Holdings, the failed brokerage that bet big on European bonds and lost, has agreed to settle an investor lawsuit for $64.5 million. U.S. District Judge Victor Marrero gave preliminary approval of the deal Tuesday, according to court filings, and scheduled… Read the rest of this entry »

Posted: July 8th, 2015 | Author: | Filed under: Jon Corzine, MF Global | Tags: , | Comments Off on Corzine and other MF Global directors reach new $64.5M settlement with investors

Ex-governor Corzine discussing plans to start hedge fund, report says

assetContent (63)NEW YORK CITY — Former governor and U.S. Senator John Corzine may soon add another title to his resume — hedge fund owner. According to the Wall Street Journal, the fund would likely be launched with Corzine’s own personal wealth, along with contributions from a handful of outside investors. Corzine has a background in high finance,… Read the rest of this entry »

Posted: April 20th, 2015 | Author: | Filed under: Jon Corzine | Tags: , , | 1 Comment »

Stalking Jon Corzine

assetContent (63)Few of the financial titans who ran firms into the ground over the past decade are as deeply connected on Wall Street and in Washington, D.C., as Jon Corzine, onetime New Jersey governor and U.S. senator and the former CEO of both Goldman Sachs and the now-defunct brokerage house MF Global. A testament to that may… Read the rest of this entry »

Posted: March 31st, 2015 | Author: | Filed under: Jon Corzine, MF Global | Tags: , | 2 Comments »

Christie Appoints Codey/Byrne Administrations Veteran to run the Department of Community Affairs

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Governor Chris Christie has consistently thumbed his nose at New Jersey Republicans

Governor Chris Christie continued the transition of the Executive Branch of New Jersey’s State Government back to the Democratic Party today with his announcement that Charles A. Richman will become Acting Commissioner of the Department of Community Affairs on Friday when current Commissioner, Richard Constable, leaves government service after 13 years. Christie’s announcement said that Richman will be formally nominated to succeed Constable in the Commissioner’s post.

Richman, a career New Jersey bureaucrat with 40 years experience, served in the cabinets of Governor Brendan Byrne and Governor Richard Codey, on a acting basis.

Throughout his second term as Governor, Christie has appointed high profile Democrats to fill cabinet level and other important goverment positions when vacancies have occurred.

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Posted: March 23rd, 2015 | Author: | Filed under: 2016 Presidential Politics, 2017 NJ Gubernatorial Politics, Chris Christie, Christie Administration, New Jersey | Tags: , , , , , , , , , , , , , , , , , | 2 Comments »

How did N.J. get into this pension mess?

assetContent (26)TRENTON — Some 800,000 people, working and retired, are beneficiaries of New Jersey’s pension system, a collection of funds going deeper into the red. It’s a system that Gov. Chris Christie, in his State of the State address last week, called “ an insatiable beast.” In boom years, New Jersey leaders shortchanged the pension system, and… Read the rest of this entry »
Posted: January 19th, 2015 | Author: | Filed under: New Jersey, Pensions | Tags: , , , , , , , | 1 Comment »

Middletown Calls On Christie, Legislature To Allow Affordable Housing Funds To Assist Sandy Impacted Homeowners

IMG_3871 (640x427)Citing the shortage of federal and state funds available to assist Superstorm Sandy impacted homeowners in rebuilding their homes, the Middletown Township Committtee this week joined Marlboro Mayor Jonathan Hornik and Assemblyman Declan O’Scanlon in calling on the state legislature and Governor Chris Christie to put the more than $100 million in Affordable Housing Funds that are sitting dormant to work.

With a unanimous 5-0 vote, the committee passed a resolution on Monday, April 21, calling for legislation that would reinstate Regional Contribution Agreements (RCAs) “for the limited purpose of getting victims of Superstorm Sandy back in their homes during this time of need.”

RCAs were created in the original 1985 Fair Housing Act whereby towns with funds raised from developer fees or through bonding could transfer up to half of those funds to another community for the purpose of building affordable housing as required by the New Jersey Supreme Court’s Mt. Laurel decision.

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Posted: April 23rd, 2014 | Author: | Filed under: COAH, Declan O'Scanlon, Hurricane Sandy, Jersey Shore, Marlboro, Middletown, Monmouth County, National Flood Insurance Plan, NJ State Legislature, Tony Fiore | Tags: , , , , , , , , , , , , , , | Comments Off on Middletown Calls On Christie, Legislature To Allow Affordable Housing Funds To Assist Sandy Impacted Homeowners

Former Governor Corzine’s Son Has Died At 31

UPDATE:  The NY Daily News is reporting that Jeffrey Corzine was found dead several days ago in a Mexico City hotel.   He had long struggled with drugs and alcohol.

 

Jeffrey Corzine, 31, the son of former New Jersey Governor Jon Corzine has died, according to a report in The New York Post.

Details about his death have not been reported.   Jeffrey worked as a drug counselor in California.

Governor Chris Christie issued an expression of sympathy to the Corzine family.

“My thoughts and prayers are with Governor Corzine, Joanne and the entire Corzine family on the tragic loss of Jeffrey. They are both devoted parents and the loss they have suffered is unthinkable. Mary Pat and I send our personal condolences and condolences on behalf of all the people of New Jersey to the Corzine family during these very sad times.”

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Posted: March 13th, 2014 | Author: | Filed under: Jon Corzine | Tags: , , | 2 Comments »

Forget trying to beat Booker, the NJ GOP should plan for the next gubernatorial election

photo via facebook

photo via facebook

U.S. Senator Cory Booker is going to be elected to his own full term next November.

None of the Republicans said to be considering a challenge to Booker can beat him.

It’s not that Booker is invincible, as was widely thought prior to the Special Senate Election last October.  He is beatable.  Steve Lonegan exposed the fallacies of the Booker myth and Patrick Murray documented that Booker’s support is shallow.   Had Washington Republicans not followed Senator Ted Cruz’s lead to shut down the government in October and had State Comptroller Matt Boxer released his audit of Newark’s City Government which exposed millions of wasted taxpayer money and management practices that encourage fraud in September instead of this week, Lonegan might have pulled off the upset that Booker deserved.

There’s nothing wrong with 4 of the 5 Republicans reported to be looking to challenge Booker.  Assembly Minority Leader Jon Bramnick, Senator Minority Leader Tom Kean JR, Senator Mike Doherty or Assemblyman Jay Webber would all serve New Jersey well in the U.S. Senate.

That Darryl Isherwood included Assemblyman Chris Brown is his list of 5 Republican of potential candidates to challenge Booker is more of a reflection of Isherwood’s sense of humor than it is of Brown’s viability as a candidate for any office in the future.  After blaming his Assembly running mate John Amodeo’s 39 vote loss on Governor Christie, Brown will be lottery winner lucky if he is even re-nominated for his Assembly seat in 2015.  “What will Brown do after politics?” MMM asked a senior Republican strategist after the gaffe.  “We’ll find out soon,” the strategist said with a laugh.

(Correction:  As a commenter pointed out, Isherwood was referring to a different Assemblyman Chris Brown (the LD 8 Brown) than the one who blamed Christie for his running mate’s loss.  My mistake makes my overall point.  MMM readers are more informed than the average voter.  How many knew there was even one Chris Brown in the Assembly prior to the LD 2 Brown’s gaffe?  There isn’t a member of the legislature with the statewide name ID to compete with Booker~ Art)

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Posted: December 7th, 2013 | Author: | Filed under: 2014 Elections, 2014 U.S. Senate race, 2016 Presidential Politics, 2017 NJ Gubernatorial Politics, NJ GOP, Republican Party | Tags: , , , , , , , , , , , , , , , , , , , | 7 Comments »