Report: SEC investigating Chris Christie’s use of $1.8 billion for state projects

[MindMover]

Source: Raw Story

NEW YORK (Reuters) – Federal securities regulators are probing whether New Jersey Governor Chris Christie’s administration improperly diverted funds from the Port Authority of New York and New Jersey for use on transport projects in New Jersey, the publication Main Justice reported on Friday.

The Securities and Exchange Commission is looking into New Jersey’s use of up to $1.8 billion in tax-exempt bond financing from the Port Authority to fix a bridge and roadways feeding into the New Jersey side of the Holland Tunnel, Main Justice reported, citing unnamed sources.

The SEC’s inquiry follows several other probes launched after the so-called Bridgegate scandal, in which operatives loyal to Christie’s administration are accused of causing traffic jams on the George Washington Bridge in September in retribution for a New Jersey mayor not endorsing Christie’s re-election.


The controversy has prompted scrutiny of nearly every aspect of the Christie administration and his Port Authority appointees. The Manhattan District Attorney’s office is looking into the use of Port Authority funds by New Jersey. Federal investigators and a New Jersey special legislative committee are also probing the bridge incident.



Read more: http://www.rawstory.com/rs/2014/04/25/report-sec-investigating-chris-christies-use-of-1-8-billion-for-state-projects/

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Another nail in this bully's political coffin ....

[Auntie Bush]

1. Chris Christy is toast!

BURNT TOAST!

The man is unethical to put it politely. They will find more illegal things he's done during this investigation. No way will he be found innocent of all future charges...at least he'd better not. Anyone as pushy, bossy and arrogant as Christy
has surely pushed someone into doing something they wouldn't ordinarily be doing.
The man is a monster no matter how you LOOK at him.

[cstanleytech]

10. Dont count your chickens before they are hatched.

He could very well survive this, after all much like cockroaches republicans have a way of surviving even the most trying of circumstances.

[Cha]

2. GOOD~!

[rhett o rick]

3. The BFEE did a good job on him. When will Bab's Fav Son come riding in on a white horse? nm

[rhett o rick]

5. Can you make a statement? nm

[rhett o rick]

11. Which oligarch was bankrolling Christie? nm

[Sunlei]

13. the "White Horse Prophecy " came to a crashing end,the very second romney-bully held down that child

and hacked off his hair. That abused boy grew into a man and he went on to become a,

'level 47' equestrian rider of the world famous Lipizzaner "White Horses". Romneyscissorhands said, he "didn't even remember" the gang-attack and the hair hacking.

A true story of why the "White Horse" some republicans wait for, will Never arrive for them. They are a doomed party by their own, very evil actions.

Story,came to my mind when 'Rhett o Rick' mentioned a white horse, helping 'Bab's Fav son'.

[NYtoBush-Drop Dead]

6. about freaking time!

Tho left to the SEC? Yikes.

[TheBlackAdder]

7. The state needs to audit the possessions in Drumthwacket (Governor's Mansion) before stuff walks. nt

[tom_kelly]

8. I think he's living in Mendham n't

[Sunlei]

12. sick and tired of private interests, "buddies of politicians" squandering OUR Federal & State money.

It is ridiculous in todays world the HUGE amounts of money squandered- it is in the multi-billions stolen from ALL of us Americans.

All our roads, bridges, schools, our public lands fall into crap!!

while private interests & stupid "TAX-FREE POLITICAL CHARITIES" are bloated with billions of OUR Taxpayer income revenue.

[proverbialwisdom]

14. Yes, NJ is a dirty place and it's bipartisan.

http://www.nj.com/news/index.ssf/2014/04/mcgreevey_finds_a_new_stage_a_decade_after_scandal_forced_him_from_office.htm

McGreevey finds a new stage, a decade after scandal forced him from office

[img][/img]
Former Gov. James McGreevey, at a conference a week ago with Gov. Chris Christie, has emerged back on the public scene in a way few could have envisioned only a few years ago. (Reena Rose Sibayan/The Jersey Journal)

Print By Ted Sherman/The Star-Ledger
on April 27, 2014 at 12:05 AM, updated April 27, 2014 at 5:45 AM

Never again will I defend McGreevy.