Tags: Corzine | son | Jeffrey | Mexico

Corzine Son, 31, Dies in Mexico

Thursday, 13 Mar 2014 10:17 PM

By Newsmax Wires

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Jeffrey Corzine, the son of Jon Corzine, the former co-chairman of Goldman Sachs who went on to be governor of New Jersey, has died in Mexico, according to spokesmen for the family and the U.S. Embassy. The cause wasn't disclosed.

Steven Goldberg, a family spokesman, announced the death in a statement. Melissa Martinez, an embassy spokeswoman in Mexico City responding to questions about the younger Corzine, said a U.S. citizen died in Mexico on March 11 and referred further questions to Goldberg.

"Mr. Corzine is obviously devastated by this tragic loss," Goldberg said in the statement. "We ask that all respect his family's privacy during this very difficult time."

Goldberg declined further comment when reached by telephone.

Jeffrey Corzine, who was 31 according to public records, listed his home as Malibu, California, on his Facebook account. His father and mother, Joanne Corzine, divorced in 2003.

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The Newark Star-Ledger said he had struggled with substance abuse and had spent time in a California rehab facility.

A photograph posted on the younger Corzine's Facebook page showed him with President Barack Obama, who campaigned for his father’s re-election as governor in 2009. Jon Corzine, a Democrat, was defeated by Republican Chris Christie.

"My thoughts and prayers are with Gov. Corzine, Joanne and the entire Corzine family," Christie, the current New Jersey governor, said in a statement. "They are both devoted parents and the loss they have suffered is unthinkable."

In 2007, Jeffrey Corzine was present every day at Cooper University Hospital in Camden when his father spent 18 days there after a near-fatal car crash while governor. Jon Corzine emerged from that episode saying he held a newfound appreciation of family and that it had caused him to rethink his priorities.

The former governor spent 24 years at New York-based Goldman Sachs, becoming co-head of the firm with Henry Paulson, who later became the U.S. Treasury secretary under President George W. Bush. After Corzine was ousted from Goldman Sachs in 1999, he won a Senate seat representing New Jersey in 2000 and then was elected the state’s governor in 2005.

Corzine, 67, took command of MF Global Holdings, a commodity broker, in 2010. He is fighting a lawsuit brought by the Commodity Futures Trading Commission over allegations that he failed to properly oversee the company's brokerage unit as it spiraled toward failure in 2011, as $1.6 billion in customer funds went missing.

Jeffrey Corzine was the youngest of three children. He is survived by a sister, Jennifer, and a brother, Josh.

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