Fresh from losing the New Jersey gubernatorial election, former co-chief of the Goldman Sachs (GS) investment banking firm Jon Corzine, who spent more than $100 million of his personal fortune on three races – once for the U.S. Senate and twice for governor, may be staging a comeback already. This time, as the new CEO of Bank of America (BAC). With BofA still under the government’s thumb, his political connections and experience could come in handy.
Is BofA considering outgoing governor Jon Corzine to replace Ken Lewis? CNBC’s Chaz has the latest.
Well, he can’t do any worse of a job than Ken did.