The New Jersey Pension Fund has now sold a stake in a venture capital firm tied to one of Governor Christie’s campaign contributors according to The Bergen Record. The investment by the NJ Pension Fund in General Catalyst Partners became a scandal when it was revealed that one of the beneficiaries of that investment, Charles Baker, had contributed to Governor Chris Christie’s reelection campaign, arguably in violation of New Jersey’s pay to play law.
|By: DSWright Tuesday September 16, 2014 1:22 pm|
|By: DSWright Thursday August 28, 2014 11:30 am|
According to a report by David Sirota for the International Business Times, fees paid out to Wall Street by the State of New Jersey have tripled under the administration of Governor Chris Christie, costing the taxpayers $3.8 billion. Governor Christie was already under scrutiny for the way he managed the pension system when it was revealed that he had given a multimillion dollar contract to a campaign contributor arguably in violation of New Jersey’s pay to play law.
|By: DSWright Friday May 9, 2014 9:00 am|
A report that broke early today at Pando Daily lays out a case that New Jersey Governor Chris Christie violated state and federal laws for giving benefits in exchange for campaign contributions or pay to play.
|By: DSWright Monday November 11, 2013 2:25 pm|
President Obama’s choice for US Ambassador to Hungary is raising eyebrows. His choice, Colleen Bell, is a television producer most famous for the daytime soap opera “The Bold and the Beautiful.” Bell appears to have no particular experience with or knowledge of the nation of Hungary. But what she lacks in knowledge and experience seems to be made up for in campaign contributions.
|By: Gregg Levine Monday April 16, 2012 4:05 pm|
Rubbing elbows at exclusive, industry-sponsored “forums” might make sense for corporate bottom lines, and it might make life a little easier–or at least a little more fun–for stressed-out scribes, but it does nothing, really, for the consumer. And that would be for the consumer of the energy product or the news product.
|By: emptywheel Thursday September 9, 2010 9:00 am|
Ceci Connolly’s departure from the Washington Post for McKinsey & Co. offers an unfortunate and disturbing lesson for other journalists: the best way to get out of the troubled news industry and into something more lucrative is with corporate shilling masquerading as journalism.