Christie Pension Strategy Yields Handsome Returns — For Wall Street

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Gov. Chris Christie’s administration openly acknowledged that more New Jersey taxpayer dollars were going to land in the coffers of major financial institutions. It was 2010, and Christie had just installed a longtime private equity executive, Robert Grady, to manage the state’s pension money. Grady promoted a plan to put more of those funds into riskier…

Christie Pension Strategy Yields Handsome Returns — For Wall Street

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