Friday, April 18, 2014

Roger Stone On What Will Happen to NJ Gov. Christie


  1. You gotta be kidding me. The fat slob is a made man....absolutely nothing that will tarnish his usefullness will happen to him. Fuckin perp walk? No way...

  2. Gov. Christie’s investment chief has major financial ties to firm that got $300M in NJ pension cash By David Sirota

    “I think you perhaps don’t understand finance.”

    It is Monday afternoon, and Bob Grady – the national Republican power-broker behind Chris Christie’s prospective presidential campaign – is angrily lecturing me on the murky world of investments. As one of Christie’s closest advisers and as the governor’s hand-picked chairman of the New Jersey Investment Council, Grady is specifically lecturing me about a decision by the council to hand $300 million of state pension money to private equity firm the Carlyle Group.

    As I explained to him, I was calling about the deal because a Pando investigation has found that Grady also happens to be a former longtime executive at Carlyle whose financial disclosure forms (embedded below) show he still receives income from Carlyle investments, still owns a stake in Carlyle Group entities and now works at another fund that has investments with – you guessed it – Carlyle.

    During our call, Grady insisted that he officially recused himself from involvement in the November Carlyle transaction — something which would typically signal a clear conflict of interest. He then insisted that the New Jersey investment is in “a new fund and there’s no overlap” with his own holdings. Further he insisted that it was “impossible” for his own holdings to preference him in any way that could allow him to benefit from New Jersey’s $300m deal with Carlyle.

    Wednesday, May 12, 2010
    New Jersey's Pension Fund Shouts PEU's

  3. He will be perp walked, right after Corzine, I'm sure.

    1. That seems to be SOP here in SC. The state government is rife with corruption on almost all levels and when one of them get caught(which is usually because they upset another more powerful government player), they go off into the good night with nary a peep and without much else in the way of repercussion.

      There's rarely an actual trial or anything of that nature, the only penalty is that they can no longer be employed by government and they usually get some sort of incentive(like keeping their pension) to keep their traps shut when it comes to everyone else.

      I have a hard time believing that Christie doesn't get a similar treatment as well, like Corzine.