Corzine resurfaces at Goldman

Former Goldman Sachs co-chairman Jon Corzine is running for the U.S. Senate in New Jersey, but his opponent is bringing the fight to Wall Street.

Last month about 40 supporters of Republican Bob Franks picketed outside Goldman’s corporate headquarters, turning up the heat on the wealthy Democrat to release his income tax returns. Because Corzine, who resigned in May 1999 following a boardroom coup, is using his personal wealth to spend record amounts on advertising, Republicans maintain that his financial records are fair game. But Corzine says a confidentiality agreement with Goldman precludes him from making his finances public. As of the end of last month, all the demonstrators had gotten for their picketing and chanting - “New Jersey voters need to know: Where does Corzine get his dough?” - was some good publicity. “We asked them, and the answer was no. We hope they have more luck with Goldman than we did,” says Corzine spokesman Tom Shea. “We think it’s a great idea for Goldman to allow Jon to release his tax returns. Jon had the same idea six months ago.” Goldman, for its part, declines to comment.

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