"Corzine tied to stock scheme"
EXCERPT.....Goldman Sachs, the firm that Mr. Corzine left as chairman in May 1999, has been a target of class-action lawsuits and accusations by a former broker who complained to the SEC that the investment house engaged in a scheme to force unwitting investors to pay artificially high prices for certain stocks.
.....Nicholas Maier, who was syndicate manager of the Wall Street firm Cramer & Co. from 1996 to 1998, told SEC investigators in the spring that Goldman Sachs routinely forced him to buy stocks at inflated prices if he wanted to purchase shares of an initial public offering (IPO). "Goldman, from what I witnessed, they were the worst perpetrator," Mr. Maier said. "They totally fueled the [market] bubble. And it's specifically that kind of behavior that has caused the market crash. They built these stocks upon an illegal foundation manipulated up, and ultimately, it really was the small person who ended up buying in."
For example, Mr. Maier told the SEC that Goldman Sachs would offer him shares of a new company's IPO at the initial, low price of $20 per share only if he agreed to purchase "aftermarket" shares of the same company at $100 each. In turn, he would sell the shares of the higher-priced stock to small investors. "None of these aftermarket orders had anything to do with what I honestly valued a company to be worth," Mr. Maier said. "Goldman created the convincing appearance of a winner, and the trick worked so well that they seduced further interest from other speculators hoping to participate in the gold rush. The general public had no idea that these stocks were actually brought into the world at unnaturally high levels through illegal manipulation."
STORY HERE: http://64.233.161.104/search?q=cache:CzMLY_dPk4YJ:corporatefraud.tripod.com/democrookery/id2.html
http://209.157.64.201/focus/f-news/1460423/posts
NYP: SO MUCH FOR 'MR. CLEAN' - Corzine's 'privacy' problem
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Last October, just before launching his statehouse bid, Corzine invested $7 million in a hedge fund headed by Carl Icahn... majority owner of the Sands Hotel & Casino in Atlantic City. That would be a blatant conflict of interest and a violation of ethics for a sitting governor....
Then there's his financial partnership... with real-estate tycoon Charles Kushner. The soon-to-be-convicted Kushner was brought down in a tawdry scandal involving tax fraud and sex. Ironically, he'd been the key link between then-Gov. Jim McGreevey and his lover, Golan Cipel, whose hiring as a key state homeland security official ultimately led to the governor's resignation....
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