Corzine and his actions now that he is no longer governor -

Why couldn't he do stuff like this as governor instead of totally bankrupting the state as he did.

Private Corzine, Public Corzine, Private Corzine:  Success, failure, success.  Former New Jersey Governor Jon Corzine made stacks of money at Goldman Sachs.  Which he then used to buy himself, first a place in the Senate, and then the New Jersey governorship.  (Whether he earned the money, as opposed to just making it, is hard to tell without knowing more than I do about the innards of Goldman Sachs.)

As New Jersey governor, he made a good start toward bankrupting a state that was already in serious fiscal trouble.

Now that Chris Christie has given Corzine more time to spend — though not, it would appear, with his family — Corzine is back to making money.

MF Global Holdings Ltd (MF.N) reported better-than-expected quarterly earnings on Thursday, returning to profitability in the brokerage's first full quarter under new CEO Jon Corzine.

MF Global shares climbed 5 percent to $7.01 in premarket trade, their best level since mid-June.

The futures- and options-focused company made good on its aggressive plan to streamline operations, cutting 12 percent of its staff, or about 400 employees, mostly in the latest quarter.

There are many Democratic politicians (and more Republican politicians than I would like) who have no idea how to balance a budget.  Obviously, Corzine is not one of them.

So, here's what I have been wondering for years:  Why is a man who is so good at making private money so bad at managing public money?

(There may be a clue in this long-running scandal.)

- 12:49 PM, 6 August 2010   [link]