Before he became president of MF Global, the bankrupt brokerage firm that lost $1.2 billion in client money, Bradley Abelow spent time as New Jersey’s treasurer and former Gov. Jon Corzine’s chief of staff. In those roles, Abelow served alongside Lisa Jackson, who led the state environmental protection department and eventually succeeded Abelow as Corzine’s chief of staff. Jackson now directs the Environmental Protection Agency in the Obama administration, and Abelow, despite a full-time job at MF Global, is still serving alongside her. The former Goldman Sachs executive holds the title …
Yesterday in a victory that was not as close as the final pre-election polls had suggested, voters in Maine adopted a “people’s veto” to protect the traditional definition of marriage as the union of a man and a woman. The margin was 53-47. The voting was closely watched for several reasons, as each of the other 30 states that have held popular votes on marriage redefinition has seen popular majorities approve the traditional understanding. Even more important, had proponents of same-sex marriage prevailed in Maine, it would have marked the …
Since it appears more and more likely that Congress will approve another economic stimulus package within the next couple of months, every special-interest group under the sun is swarming Capitol Hill for handouts. Yesterday it was the nation’s governors turn as Govs. David Patterson (D-NY) and Jon Corzine (D-NJ) came to the House Ways and Means Committee on their knees begging for cash. Patterson compared the current financial crisis to 9/11 and asked Congress for “a direct injection of federal aid to state budgets.” Corzine implored, “The federal government ignores …
