NEWS
June 7, 2013 | By Jonathan Tamari and Andrew Seidman, Inquirer Staff Writers
NEW YORK - In a moving ceremony that was also filled with laughter, Sen. Frank R. Lautenberg's family and colleagues recalled him Wednesday as a feisty and determined man whose life story shaped his work - and also described a personal side rarely seen in public. Lautenberg's funeral on the Upper East Side drew 41 senators, six members of Congress, Gov. Christie, and former Govs. Jon S. Corzine, Jim McGreevey, and James J. Florio. Vice President Biden, former Secretary of State Hillary Rodham Clinton, and New Jersey Sen. Robert Menendez delivered eulogies.
NEWS
May 8, 2013 | By Mark J. Magyar, NJ SPOTLIGHT
Net property taxes in New Jersey rose 22.4 percent in Gov. Christie's first three years in office, compared to 6 percent in Democratic Gov. Jon S. Corzine's last three years in office, a New Jersey Spotlight analysis shows. Christie has been touting his record of holding down overall property tax increases. But when his rebate reductions are factored in, his property tax record is not so clear-cut. While Corzine doubled average property tax rebates from 2006 to 2009 and provided rebates to families earning as much as $250,000, Christie sharply cut rebate payments and limited eligibility for non-seniors to those earning $75,000 or less.
NEWS
May 2, 2013 | By Matt Katz, Inquirer Trenton Bureau
The fight for the New Jersey governor's seat is to heat up on the airwaves Wednesday as Gov. Christie launches his first TV ad of the campaign - a $1.2 million, 60-second spot on jobs, education and taxes, with a hint of Sandy imagery. "Four years ago, New Jersey was broken: runaway spending, the nation's highest taxes, and unemployment on the rise," the narrator says. "Then we elected Chris Christie. He made the tough decisions to get New Jersey back on track. " The ad notably does not mention the name of the Republican governor's presumptive Democratic challenger, State Sen. Barbara Buono (D., Middlesex)
NEWS
April 17, 2013
A review Tuesday of Ken Burns' documentary about a Central Park rape in 1989 incorrectly reported the newspaper for which Jim Dwyer originally wrote about the crime, New York Newsday. The "Jersey Side" column Tuesday misidentified the governor who returned control of city government to Camden in 2010. It was Jon S. Corzine. The Inquirer wants its news report to be fair and correct in every respect, and regrets when it is not. If you have a question or comment about news coverage, contact assistant managing editor David Sullivan (215-854-2357)
BUSINESS
April 5, 2013
In the Region Insurers settle 'kickback' claim Radian Group Inc. , Philadelphia, and three other home-mortgage insurers have agreed to pay a total of $15 million to settle accusations they paid "improper kickbacks" to lenders to gain new business, in the years before the financial meltdown of 2008, according to a statement by the government's Consumer Financial Protection Bureau . The settlement awaits approval by a federal judge...
NEWS
April 5, 2013 | By Joelle Farrell, Inquirer Trenton Bureau
Stephen Sweeney may be the top elected Democrat in New Jersey, but that doesn't mean his reelection in November is a given, said Patrick Murray, political analyst at Monmouth University. Gov. Christie performed better than anticipated in Sweeney's Gloucester County in the 2009 race against former Gov. Jon S. Corzine, Murray said. "Republicans have made some gains in that county," Murray said. Sweeney, he said, "is more vulnerable than a lot of people would believe, considering he's the Senate president.
BUSINESS
November 16, 2012 | By Marcy Gordon, Associated Press
WASHINGTON - Republicans on a House panel that investigated the collapse of the brokerage MF Global are pinning the blame on ex-CEO Jon S. Corzine, a former New Jersey Democratic senator and governor. The Republicans say the investigation has found that Corzine's decisions caused MF Global's bankruptcy in October 2011 and its loss of more than $1 billion in customer money. They say Corzine turned the brokerage firm into an investment bank making risky trades. They also say Corzine ran the firm in an authoritarian manner and did not allow anyone to challenge his decisions.
NEWS
July 26, 2012
TRENTON - The New Jersey state trooper who was driving former Gov. Jon S. Corzine's SUV when it crashed five years ago will get a bigger pension than he was initially granted, the Newark Star-Ledger reported. The state pension board on Tuesday accepted an administrative law judge's ruling reversing the board's 2010 denial of Robert Rasinski's bid for an accidental disability pension. The case was sealed by the judge, meaning the reasoning won't be disclosed, the paper said. The board had found that Rasinski bore significant responsibility for the accident and granted him a less-generous disability pension that equaled 40 percent of his salary, rather than the two-thirds he will now get. At the time of the 2010 board ruling, Rasinski said he suffered back pain and post-traumatic stress.
NEWS
March 24, 2012 | By Marcy Gordon, Associated Press
WASHINGTON - A former MF Global executive appears to contradict testimony from Jon Corzine, saying the former senator and New Jersey governor ordered the transfer of $200 million last fall out of a customer account days before the brokerage firm collapsed, according to an e-mail obtained by congressional investigators. Edith O'Brien, MF Global's former assistant treasurer, says Corzine ordered the money shifted to one of the firm's bank accounts overseas Oct. 28 to cover an overdraft, according to a memo that cited the e-mail.
NEWS
December 25, 2011 | By Hans Nichols, Bloomberg News
President Obama's reelection campaign has returned campaign contributions from Jon S. Corzine, former chairman and chief executive officer of MF Global Holdings Ltd., according to a Democratic official. Responding to Republican criticism that the money from the former New Jersey governor was tainted by his firm's collapse, Obama for America and the Democratic National Committee refunded the money, said the official, who requested anonymity. Corzine, 64, and his wife, Sharon Elghanayan, each contributed $30,800 to the Democratic National Committee and $5,000 to Obama's campaign, the maximum individuals are allowed to give, the official said.