Christie Shifted NJ Pension Cash To Donor’s Foreign Firm

Published on

Christie Shifted NJ Pension Cash To Donor’s Foreign Firm

Two years ago, as New Jersey Gov. Chris Christie pursued re-election, his administration found itself mulling investment options for the state’s $80 billion pension fund. In one deal in May 2013, officials settled on a subsidiary of U.K.-based foreign financial conglomerate Prudential plc. With little fanfare, state pension overseers quickly endorsed the deal. Weeks later, a…

Leave a Comment