  We show explicitly that the perturbative SU(N) Chern-Simons theory arises
naturally from two Penner models, with opposite coupling constants. As a result
computations in the perturbative Chern-Simons theory are carried out using the
Penner model, and it turns out to be simpler and transparent. It is also shown
that the connected correlators of the puncture operator in the Penner model,
are related to the connected correlators of the operator that gives the Wilson
loop operator in the conjugacy class.
