Out of frying pan...
The people of New Jersey have long been strongly liberal, in favor of big government, unions and they voted Democrat. Until they got fed up with where that led them -- high taxes, very unfavorable business environment, higher prices and government meddling.
Earlier this month (the 3rd),
they booted out Jon Corzine as Governor and elected Republican Chris Christie even though Obama visited New Jersey to campaign several times before the election. NJ has not elected a Republican governor since 1993. At that time, Corzine said that
he had no plans for the futures.
Well that was quick!
From
The Business Insider:
Corzine Staff Is Already Preparing To Take Over Bank Of America
Jon Corzine is definitely open to running Bank of America.
There haven't been any formal talks between the outgoing New Jersey Governor and the board of Bank of America, according to news reports. Part of the reason for this might be that the chairman of the board, Walter Massey, is on vacation.
The bank is expected to select someone before Thanksgiving.
Corzine returned from his vacation in St. Barts energized and ready to get back to work. A person familiar with the matter tells us that staffers are already prepping for the transition from working for a governor to working in finance. Some are anticipating a substantial pay hike if they move with Corzine.
This is a perfect example of what is wrong with this tone-deaf administration.
I could say few things about Bank of America too...
Posted by DaveH at November 14, 2009 5:34 PM