Jon Stevens Corzine (born January 1, 1947) is an American finance executive and political figure. A Democrat, he was a United States Senator from New Jersey from 2001 to 2006 and was the 54th Governor of New Jersey from 2006 to 2010. He also worked as CEO of Goldman Sachs during the 1990s and was CEO of MF Global from 2010 to 2011.
Corzine began his career in banking and finance. In the early and mid 1970s, he worked for Midwestern banks (Continental-Illinois National Bank in Chicago, Illinois and BancOhio National Bank in Columbus, Ohio) during and after his master of business administration (MBA) studies at the University of Chicago Booth School of Business. In 1975 he moved to New Jersey to work for Goldman Sachs. He became Chairman and CEO of Goldman Sachs and the leading advocate in the firm's decision to go public. In 1999, having lost a power struggle with Henry M. Paulson, Corzine left the firm. After his departure from Goldman Sachs, he earned what has been estimated to be $400 million during the 1999 initial public offering of the company.
Corzine served five years of a six-year U.S. Senate term representing New Jersey before being elected Governor in 2005. He was defeated for re-election in 2009 by Republican Chris Christie. In March 2010, Corzine was named chairman and CEO of MF Global Inc., a financial services firm specializing in futures brokerage. The company filed for bankruptcy protection in October 2011 after losing $1.6 billion of customer money and Corzine resigned on November 4, 2011.
Other articles related to "jon corzine, corzine":
... to do with the candidates involved and more to do with Governor of New Jersey Jon Corzine and President George W ... In mid-summer, Jon Corzine and the Democratic-controlled state legislature held a brief shutdown of state government, which ultimately resulted in a sales tax increase ... In a September 2006 poll, SurveyUSA found that Governor Jon Corzine received an approval rate of only 43%, with 48% of the state disapproving ...
... Corzine married his high school sweetheart, Joanne Dougherty, in 1969 at the age of 22, and their 33-year marriage produced three children Jennifer, Josh, and Jeffrey ... In November 2005, Dougherty told The New York Times that Corzine "let his family down, and he'll probably let New Jersey down, too." This quote was used by gubernatorial opponent Doug Forrester in a ... Corzine had lived with his wife in Summit ...
... to the highest judicial position in the state, then-governor, Democrat Jon Corzine instead elevated Associate Justice James Zazzali, a fellow Democrat, to the chief ... reached the age of 70 less than a year later, Corzine was able to nominate a Democrat, then-Attorney General and former federal prosecutor Stuart Rabner, to serve as Chief Justice ... for tenure the Justices whose initial terms have expired, and then-Governor Corzine followed this tradition with his re-appointments of Justices Long and LaVecchia ...
Famous quotes containing the word jon:
“The dog is mentioned in the Bible eighteen timesthe cat not even once.”
—W.E. Farbstein. Quoted in Hundkeit, Mondo Canine, ed. Jon Winokur, Dutton (1991)