Instapundit » Blog Archive » CORZINE CONFLICT? Corzine’s regulator, a former Goldman colleague, gave NJ Dems $10k as Corzine ran…: "CORZINE CONFLICT? Corzine’s regulator, a former Goldman colleague, gave NJ Dems $10k as Corzine ran for governor. “Gary Gensler, the regulator overseeing the investigation of Jon Corzine’s collapsed securities firm, built close ties to Corzine as they rose through the ranks of Goldman Sachs. Later, they collaborated on Capitol Hill to pass an anti-corporate fraud law. When Corzine ran for New Jersey governor, Gensler gave $10,000 to the state Democratic Party, which was trying to get Corzine elected. Now, Gensler, head of the Commodity Futures Trading Commission, is leading an inquiry into how hundreds of millions vanished last week from client accounts at Corzine’s firm, MF Global.”Some people believe that regulation is the answer to whatever the problem is. They would be morons. And I'm being polite.
Posted by Glenn Reynolds at 11:20 pm"
Look over right at the sidebar's "RUNNER-UP QUOTE OF THE HOLOCENE".
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