NJ Pension – National Enquirer – Trump – and Christie Too.

It was recently announced that the New Jersey Retirement System is divesting from a private prison contractor that runs family detention centers and a gun company that makes semi-automatic rifles. Today’s target is Chatham Asset Management which owns the company that owns the National Enquirer which apparently has some information on hush money payments to two women who claim to have had affairs with Trump. But what the nj.com story did not go into was the Christie connection so we will do it here.

In 2015 when Chris Christie was running for president, a union-backed group calling themselves the ‘Hedge-Clippers’ released a report attacking New Jersey’s increasing use of ‘alternative’ investments on the grounds that the fees are too high and the returns are not enough. They also noted that several of the investments are made in companies linked to Christie donors including:

Chatham Asset Management – In 2012, the firm’s principal, Anthony Melchiorre, along with a woman sharing his surname residing at the same address, made donations totaling $60,000 to the Republican National Committee* and an organization that helped fund voter turnout for Christie’s reelection campaign in 2013. In 2014, potential conflicts also surfaced surrounding Chatham’s reported interest in a major hotel in Atlantic City.
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* According to Center for Responsive Politics data, Anthony Melchiorre and Andrea Melchiorre of New Jersey made a total of five donations to the Republican National Committee in 2012, totaling $60,000. Retrieved July 17, 2015 from OpenSecrets.org.

6 responses to this post.

  1. Posted by Anonymous on August 30, 2018 at 12:53 pm

    Bridgegate to Malysia, mama would be so proud!

    Reply

  2. Posted by Anonymous on August 30, 2018 at 7:41 pm

    Clearly most hardcore bloggers here have predetermined tunnel vision with mono focus clouded lenses!

    Reply

  3. Posted by geo8rge on August 30, 2018 at 8:06 pm

    http://hedgeclippers.org/

    #HEDGEPAPERS NO. 18 – DIMINISHING RETURNS: HOW CHRIS CHRISTIE IS WASTING BILLIONS ON BAD HEDGE FUND INVESTMENTS

    http://hedgeclippers.org/hedgepapers-no-18-diminishing-returns-how-chris-christie-is-wasting-billions-on-bad-hedge-fund-investments/

    Reply

  4. Posted by geo8rge on August 31, 2018 at 8:49 am

    I don’t remember the automatic increase in gas tax if gas tax collection was not high enough being mentioned when the tax was imposed.

    N.J. gas tax will rise 4.3 cents a gallon this fall
    https://www.nj.com/politics/index.ssf/2018/08/nj_gas_tax_will_rise_43_cents_this_fall.html

    Reply

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