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Scotch Plains, NJ- Former Scotch Plains Mayor Martin Marks and William "Bo" Vastine, candidates for the General Assembly in the 22nd Legislative District issued the following statement concerning Governor Jon Corzine and his investment holdings in the New Jersey casino industry.
"The news that Jon Corzine has holdings in the Texas Pacific Group is disturbing to say the least. How can we trust Jon Corzine to lead our state and its $30 billion dollar budget when he can't even invest his personal wealth in funds that don't conflict with the business of this state? For Jon Corzine, Mr. Wall Street, to say that he was unaware of the Texas Pacific Group's involvement in the New Jersey casino industry is absurd. The people of New Jersey cannot be taken for fools and should be insulted that their Governor thinks they are" stated Martin Marks.
Bo Vastine added, "I work in the financial industry and let me tell you, there are thousands of hedge funds out there. So when Jon Corzine says that the Texas Pacific Group and the Texas Pacific Group-Axon are unrelated, even though they share staff and offices is mind boggling.
With so many investment opportunities available to a man of his means I find it hard to believe that Jon Corzine just happened to invest in the parent company of a firm that is mired in the day to day running of New Jersey's casino industry. Answers from the man who asked the voters to hold him accountable are due to the people of New Jersey. On November 3rd, I hope the people of NJ in fact do hold Jon Corzine and his rubber stamps Jerry Green and Linda Stender accountable because they deserve better.
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