Taegan Goddard's Political Wire

July 18, 2009

Corzine Forced to Raise Money

The New York Times reports that New Jersey Gov. Jon Corzine (D) -- who spent $60 million of his own money for a Senate race in 2000, then $43 million more in a governor's race in 2005 -- is now trying to raise money like traditional politicians.

"After a costly divorce and a steep decline in his net worth, Mr. Corzine, the onetime chief executive of Goldman Sachs, is in the unfamiliar position of seeking donations to help foot the bill for his campaign."

This time Corzine "is trying to raise upward of $15 million from donors, according to people involved, which he hopes to match with no more than $25 million of his own."

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Taegan D. Goddard is the founder of Political Wire, one of the earliest and most influential political web sites.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country, including the Washington Post, USA Today, Boston Globe, San Francisco Chronicle, Chicago Tribune, Philadelphia Inquirer and Christian Science Monitor.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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