Brian4Liberty
11-05-2009, 01:50 PM
It's interesting that the Goldman Sachs angle of this election is rarely discussed in the media or by the pundits...yet it very well may have been the biggest factor in Corzine's defeat.
(As I type this in, Jim Cramer is on CNBC, singing the praises of Goldman Sachs...)
Wednesday, Nov 4, 2009 07:18 PST
How The World Works
Jon Corzine and the Goldman kiss of death
Tenure at the world's most successful investment bank used to be a selling point for aspiring pols. Not any more
By Andrew Leonard
Jon Corzine left (or was forced out by Hank Paulson) Goldman Sachs ten years ago. But in today's through-the-looking-glass political climate, where Republicans are making inroads attacking Democrats for being too close to Wall Street, the stain of any association with the investment bank that everyone loves to hate cannot be washed away. (Bloomberg's astoundingly poor showing in his victory might be another sign of populist revulsion against moneybags candidates.)
By all accounts, Corzine ran a lousy campaign. But his resumé did not do him any favors. The people have spoken: For at least a few years, other Goldman Sachs alums considering a future in electoral politics are advised to be cautious.
http://www.salon.com/tech/htww/2009/11/04/corizine_and_the_goldman_kiss_of_death/index.html?source=rss&aim=/tech/htww
(As I type this in, Jim Cramer is on CNBC, singing the praises of Goldman Sachs...)
Wednesday, Nov 4, 2009 07:18 PST
How The World Works
Jon Corzine and the Goldman kiss of death
Tenure at the world's most successful investment bank used to be a selling point for aspiring pols. Not any more
By Andrew Leonard
Jon Corzine left (or was forced out by Hank Paulson) Goldman Sachs ten years ago. But in today's through-the-looking-glass political climate, where Republicans are making inroads attacking Democrats for being too close to Wall Street, the stain of any association with the investment bank that everyone loves to hate cannot be washed away. (Bloomberg's astoundingly poor showing in his victory might be another sign of populist revulsion against moneybags candidates.)
By all accounts, Corzine ran a lousy campaign. But his resumé did not do him any favors. The people have spoken: For at least a few years, other Goldman Sachs alums considering a future in electoral politics are advised to be cautious.
http://www.salon.com/tech/htww/2009/11/04/corizine_and_the_goldman_kiss_of_death/index.html?source=rss&aim=/tech/htww