DCCC Donor Corzine Lost Customer Money with Potentially-Illegal Wall Street Bets, But “Frontline” Dems Still Benefit

January 31, 2012

FYI, a similar version of this release below went out to the following districts: John Barrow (GA-12), Tim Bishop (NY-01), Leonard Boswell (IA-03), Lois Capps (CA-24), Ben Chandler (KY-06), Gerry Connolly (VA-11), John Garamendi (CA-03), Larry Kissell (NC-08), David Loebsack (IA-02), Jim Matheson (UT-02), Mike McIntyre (NC-07), Jerry McNerney (CA-09), Bill Owens (NY-23), Kurt Schrader (OR-05), Betty Sutton (OH-13), Tim Walz (MN-01)
DCCC Donor Corzine Lost Customer Money with Potentially-Illegal Wall Street Bets, But Matheson Still Benefits
Utah “Frontline” Democrat Refuses to Address DCCC’s Tainted Corzine Cash Despite Growing Evidence of a Billion Dollar Scam by the Democrats’ Top “Wall Street Guy”

Washington — The Democratic Congressional Campaign Committee’s (DCCC) prominent Democrat donor Jon Corzine is attracting increasing scrutiny from investigators and even law enforcement officers who are starting to believe that Corzine illegally gambled away over a billion dollars of his customers’ money. Despite the escalating scandal, “Frontline” program member Jim Matheson has said nothing about the haul the DCCC received from Corzine, demonstrating that Wall Street scams and reckless gambling are only an issue when they aren’t used to help his own reelection prospects.

“Jim Matheson continues to demonstrate enormous hypocrisy as he quietly accepts help from the DCCC, while their donor Jon Corzine is currently under criminal investigation for potentially breaking the law when he gambled away over a billion dollars in customer money,” said NRCC Communications Director Paul Lindsay. “Matheson has refused to call upon his DCCC leaders to return their campaign haul, even though farmers and middle-class families who trusted Corzine with their nest eggs might never see their hard-earned money again.”

The DCCC has received $130,000 in campaign contributions from Jon Corzine. (CQMoneyLine, accessed 11/03/11)

Jon Corzine’s customers, who include many farmers and pension-holders, might never recover their investments after he squandered them:

“Nearly three months after MF Global Holdings Ltd. collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe that much of it might never be recovered, according to people familiar with the investigation.” (Scott Patterson and Aaron Lucchetti, “Money From MF Global Feared Gone,” The Wall Street Journal, 1/30/12)

As the source of Jon Corzine’s personal fortune comes under increasing scrutiny from law enforcement officials, Jim Matheson appears to remain indifferent to the growing accusations of Wall Street fraud. If Matheson stays silent on the DCCC’s Corzine cash, it will only prove that his top priority is protecting his own job above all else.

DCCC Donor Corzine Lost Customer Money with Wall Street Bets, But “Frontline” Dems Still Benefit http://ow.ly/8MJiW #madeinwdc

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