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August 04, 2005
Corzine Gave, And Forgave, $470,000 Loan To NJ Union Head
Okay, he was dating her when he gave the loan (but not when he forgave it), and yes, he did convert the loan into a gift as the IRS requires.
But:
As the piece points out, Corzine will need this woman's support when he runs for governor.
Yes, he'll of course have it anyway... but perhaps with fewer voter-alienating sops to big labor than he would otherwise have had to make?
Odd. We're used to seeing the money go to politicians. But here's a case where a big wad of cash went to a non-politician, or at least a non-government sort of politician, and could just buy and awful lot of goodwill. And votes.
Wonder if John McCain will have anything to say about this, other than noting that Corzine is his "very good friend."
Thanks to, well, the RNC.