pension fund abuse

New Chris Christie Scandal: NJ Gov Gave Pension Fund Billions to Wall Streeters Who Bankrolled His Campaigns

New Jersey Republican Gov. Chris Christie has turned his state’s multi-billion dollar pension fund into a giant political extortion racket, where top employees at 43 different investment firms were given contracts to manage $14 billion in retirement accounts after giving $11.6 million to Republican Party operations that helped elect Christie governor and fueled his rise as chairman of the Republican Governors Association.

Keep reading... Show less
alternet logo

Tough Times

Demand honest news. Help support AlterNet and our mission to keep you informed during this crisis.