11/2/11

Obama campaign given 'half a billion' by Wall Street's Corzine

Here's something to  really occupy Wall Street: Jon Corzine head of collapsed brokerage MF Global, reportedly  donated some half billion dollars to President Obama's re-election campaign. The campaign says  the money would be returned if Corzine were charged with any wrongdoing. Corzine himself has donated the maximum that an individual can give for a presidential campaign, according to campaign finance records. He held a lavish $35,800-a-head fundraising dinner for Obama at his home in April. Some $600,000 of customer money  in care of MF Global is reportedly unaccounted for. Reuters has a full report.
 [Thanks to BJS]