President Obama is desperately putting his Wall Street stock in an unlikely old buddy.Where are the good government types screaming from the rooftops about Obama's deep connections with this man facing, to put it mildly, a very uncertain future? Can you imagine if such a close pal and fundraiser for Bush was up to his neck in problems and whose company is under investigation after $700 million went missing? Where are those noble souls "occupying" media attention to demand a perp walk for Obama's good buddy?
The beleaguered president has recruited former Goldman Sachs head honcho Jon Corzine to shore up re-election funds from the banking industry, which is furious over Obama's financial regulations.
Corzine, the former governor of New Jersey who was blasted out of office by Republican Chris Christie in 2009, has attended secret meetings with the president and has been working on Obama's 2012 campaign for months, The Post has learned.
The Democrat, who now leads Manhattan-based brokerage MF Global, has been tasked with scraping up the very little banking-industry support Obama can still get.
And, like any good executive, Corzine is looking out for his own bottom line.
Success could resuscitate his political career with a top post -- such as treasury secretary or a key ambassadorship -- if there is a second Obama term.
Obama campaigned heavily for Corzine in his failed re-election bid, calling him "our Wall Street guy."
Corzine's name popped up on an attendance list for a controversial and secret White House sit-down with leaders of New York's financial sector late last month. He has also aggressively worked the phone lines and the cocktail-party circuit.
And in the last few months, Corzine hosted a high-end fund-raiser at his Fifth Avenue home for Obama.
He even secretly organized a meet-and-greet at the Four Seasons for key finance-industry execs and Obama's new chief of staff, former banker Bill Daley.
Naturally, Corzine's former stenographers at the Star Ledger are crestfallen over the downfall of the guy they shamelessly supported while he was buying a Senate seat and later the governorship. Laughably, in his support they trot out corrupt former Senator Bob Torricelli, who was forced from office back in 2002.
Former U.S. Sen. Robert Torricelli, who was close with Corzine, said the former governor has had his share of troubles over the years.Actually, it seems more like a criminal situation, Bobby. You'd know all about that.
"Jon has suffered a series of very difficult professional blows, and I know professional difficulties affect him deeply and personally,’’ he said. "The wound of being fired from Goldman Sachs never healed."
The defeat in politics, though, may have been easier for him to accept than the failure of MF Global, said Torricelli. Politics, he pointed out, was only an adopted avocation.
"In some ways this is probably more difficult," said Torricelli. "It’s a heart-breaking situation."