Phil Murphy’s Tough Sell: Goldman Pedigree, But No Corzine Clone
- Democrat running for N.J. governor another multimillionaire
- $200,000 property-tax bill, and soft spot for less fortunate
Phil Murphy speaks at the Middle Class Advocacy Group Summit on Nov. 10, 2014, in Newark, New Jersey.
Photographer: Dave Kotinsky/Getty ImagesThis article is for subscribers only.
The last time New Jersey elected a multimillionaire Democrat for governor, it was Jon Corzine, a Goldman Sachs Group Inc. veteran who ran on his financial expertise. He was booted after one term.
Now a onetime colleague, Phil Murphy, wants the job. He has 18 months to distinguish himself from both his former employer and Corzine, whose handling of the economy led to his defeat by Chris Christie, the first Republican elected to the office in more than a decade.