On Monday, we reported the $4,600 in donations disgraced former New Jersey Governor and US Senator Jon Corzine gave to Colorado US Senator Mark Udall. Compass Colorado President Tyler Q. Houlton called on Udall to returned the tainted cash, yet Udall continues to keep the money. This morning, Corzine was subpoenaed to appear before the House Agriculture Committee to answer as to where $1.2 billion of customers' money from his company MF Global has gone.
Reports The Washington Post:
Jon S. Corzine, the former U.S. senator and New Jersey governor who presided over the collapse of the commodities brokerage MF Global, said he cannot explain what happened to “many hundreds of millions of dollars” that the firm was holding for customers.
In testimony submitted to the committee on Thursday, Corzine said he was “stunned” to learn shortly before the firm sought bankruptcy protection at the end of October that MF Global could not account for the money.
“I simply do not know where the money is, or why the accounts have not been reconciled to date,” the former MF Global chief executive said, according to the testimony.
Corzine may not know where his customers' money is, but we know where some of Corzine's money is: Mark Udall's campaign account.
Most Coloradans don't know this yet, as The Denver Post has refused to report on it.
In a time of great anger towards politically connected and ethically-challenged bankers, you would think it would be an important piece of news to pass on to the Post’s readers.
Yet they haven't.
The Post, however, is no stranger to reporting on scandal-tainted tender.
In fact, the Post itself back in 2008 reported on two donations Udall received from disgraced lobbyist Jack Abramhoff. Those donations were also first reported by a conservative website, that time being the now-defunct Face The State.
But now that Allison Sherry is the Post's reporter for all things DC, we've noticed the well suddenly drying up on stories critical of Udall. In fact, we can't remember the last time a critical piece on Udall appeared in the paper's pages since Sherry started covering the DC beat.
Reporting on Udall's campaign cash from a disgraced banker and politician who has lost 10 figures of customer money might be a good place to start.