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This is why Chris Christie didn't run for President.....

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matmar Donating Member (191 posts) Send PM | Profile | Ignore Thu Oct-06-11 06:38 AM
Original message
This is why Chris Christie didn't run for President.....
Edited on Thu Oct-06-11 06:39 AM by matmar
http://www.theawl.com/2011/09/the-chris-christie-madoff-attack-ad-that-writes-itself

Before he was flying in state helicopters to his kid's baseball games, Christie was flying on private jets as part of the law firm Dughi, Hewit & Palatucci, for whom, as a lobbyist, the future governor fought for the rights of Wall Street. In fact, one of Christie's primary lobbying projects on behalf of Wall Street was to win an exemption for securities fraud from New Jersey's Consumer Fraud Act. For those Americans whose 401(k)s have been gouged in the last few years, that won't play well. (The only reason this wasn't much of an issue in his gubernatorial campaign was because his opponent was Jon Corzine, who sucked off Wall Street's teat with even more gusto than Christie.)

But it gets worse for Christie.

In a detail that practically writes its own commercial script, the Wall Street client on whose behalf Christie lobbied was the Securities Industry Association. Which, at that time, was led by one Mr. Bernard Madoff.

The bottom line for Obama's communication team: As a lobbyist, Chris Christie worked to remove securities fraud from a consumer fraud act on behalf of an organization run by Bernie Madoff.

It's exactly the kind of scandal that's easy to understand no matter who you are, involves a universally despised villain who has come to represent all the illegality of the 2008 market collapse, and it would be devastating to Christie in much-needed Florida.

http://www.dailykos.com/story/2011/10/03/1022317/-Christie-has-a-Bernie-Madoff-Problem
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CurtEastPoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:39 AM
Response to Original message
1. At first I thought his firm was 'Dewey Hughie and Louie'
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liberaltrucker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:48 AM
Response to Reply #1
2. Looked like Dewey, Cheatham, and Howe to me.
:)
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BiggJawn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:50 AM
Response to Reply #2
4. We must've hit "submit" at the same time...
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Yo_Mama_Been_Loggin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 10:35 PM
Response to Reply #2
17. LOL
:rofl:
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 11:37 PM
Response to Reply #2
19. Cheatham's daughter went on to form
Beadum, Cheatham and Robb.
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 05:59 AM
Response to Reply #2
22. + 1,000
Sooo Republicon.
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BiggJawn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 06:49 AM
Response to Reply #1
3. Dewey, Cheatham, and Howe? n/t
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boston bean Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:02 AM
Response to Reply #3
6. say it out loud. nt
Do We Cheat'em and How?
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Raster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 11:51 PM
Response to Reply #3
20. Hooked on phonics worked for me
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 06:48 AM
Response to Reply #3
25. It's an old JOKE.
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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:00 AM
Response to Original message
5. I have emailed MOrning Joe with a message: Hey, Mika, you're always gushing about Christie!
Are you going to investigate whether or not this story is true? Isn't that what journalists do?"

I also said I'd be waiting and watching to see if this gets mentioned on the show...

Hah!
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:36 AM
Response to Reply #5
9. Love it
:hi: :rofl:
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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:47 AM
Response to Reply #9
10. I've decided to "get on their case" at Morning Joe. They have a "convenient"
email address where you can send in your ideas for what the show should be covering. I've decided to become their scourge...
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 09:56 AM
Response to Reply #5
13. and why didn't they discover this fact back when he was running? Madoff was big news then, too.
.
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CTyankee Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 11:10 AM
Response to Reply #13
14. Why, indeed!
So I'm glad I asked the question. I can't believe I'm the only one asking these types of questions. But I will continue to ask.

I also sent an email about that disgusting interview with Bill Bennett earlier this week. He was complaining about "liberal bias" at his alma mater, Williams College (also Mika's alma mater). I wrote and asked why Mr. Bennett even attended that school if it was biased? Why didn't he seek out a school, perhaps Ole Miss or one of those RW Christian colleges down South, to go to? How could he possibly get a good education at schools with"liberal bias"? :rofl:
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 04:42 PM
Response to Reply #14
15. keep at it, amigo
.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 07:09 AM
Response to Reply #14
28. They're gonna put you on ignore.
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:05 AM
Response to Original message
7. Recommend
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TomClash Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:31 AM
Response to Original message
8. Bernie Madoff never ran the Securities Industry Association nt
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woodsprite Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 07:52 AM
Response to Reply #8
11. He sat on the Board of Directors
Edited on Thu Oct-06-11 07:57 AM by woodsprite
according to a Google search.

www.sec.gov/news/studies/2009/oig-509/exhibit-0222.pdf
Madoff...served as a member of the board of directors of the Securities Industry Association. In 1983 Madoff Securities opened a London office...

Another source (www.timetoast.com/timelines/100681) says Madoff sat on the Board of Directors of the Securities Industry Association, which merged with the Bond Market Association in 2006 to form SIFMA.

Traders Magazine lists him as one of two vice-chairmen.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 09:00 AM
Response to Reply #11
12. Thank you for the clarification. nt
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spooky3 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 09:57 PM
Response to Original message
16. I suspect there are plenty of reasons in addition to this one.
I don't care what the media folks say-- if Christie were a governor of a state that is NOT right next door to NY, only the RW types would pay any attention to him.
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-06-11 11:32 PM
Response to Original message
18. Really folks, he's just plain awful.
He's a such a strong-arm arrogant fuxer.

I hope this little "chore"--and whatever else comes out--keeps him forever in the shitcan.
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 05:55 AM
Response to Original message
21. Anyone see the Charlie Rose interview with...
Edited on Fri Oct-07-11 05:56 AM by CoffeeCat
...Home Depot co-founder Ken Langone? The guy is so 'in the tank' for Chris Christie
and was practically in tears because of Christie's announcement that he wouldn't run.

Langone also defends Goldman Sachs and is a heavy-handed cheerleader for today's
sociopathic brand of capitalism in this country.

Christie is their man. They know he'll keep the corruption going.

It's really rather sick. These people are the Sopranos of politics.

Too bad, like Tony Soprano--at least one of them isn't enlightened enough to know that they
need massive psychotherapy. Paging Dr. Melfie?
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 07:12 AM
Response to Reply #21
29. PLUS ONE! nt
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 06:16 AM
Response to Original message
23. Why is this just now coming out?
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mwb970 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 06:38 AM
Response to Original message
24. Christie is a huge jerk.
The reason he didn't run is that people outside of NJ would find out what a horrible man he is.
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 06:55 AM
Response to Original message
26. Holy shiite. That explains it. He worked to deregulate Madoff.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-07-11 07:01 AM
Response to Original message
27. Damn!
"Christie worked for Bernie Madoff!"
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