BFF's during Corzine's unsuccessful campaign (AP) As Campaign Obama tries to woo the country again to unseat President Obama in 2012, he faces an uphill battle with Wall Street to raise a figure close to 2008's $89 million. And Wall Street will have to do because it's tough to get micro-donations from people who don't have jobs. So he's calling in a favor from his old pal, former CEO of Goldman Sachs and Chris Christie victim Jon Corzine. According to the Post, Corzine "has attended secret meetings with the president and has been working on Obama's 2012 campaign for months." This could be a HUGE mistake for Barry when Christie steps off that ledge and decides to run!
Obama may have raised as much as $75 million in the second quarter of 2011 thanks to Corzine, who in April hosted a reelection fundraiser in his Fifth Avenue apartment that sold out two weeks in advance and raised $2 million. Corzine also "aggressively worked the phone lines and the cocktail party circuit" because it could earn him a cherry job with Obama after the election. Treasury Secretary Geithner is said to be announcing his departure before the election, and Corzine would fill the role of Wall Street protector and "reformer" nicely.
A Corzine spokesman confirmed his boss's role, saying that the former governor of New Jersey "intends to lend whatever help he can." If the GOP taps mysterious candidate "A Republican," the president will need all the help he can get. But for now, it appears that donating to the current crop of GOP candidates is probably a bad investment.