08/07/2010 04:00 pm ET Updated Dec 06, 2017

Andrew Romanoff Launches DPS Pension Deal Attack Ad (VIDEO)

Senate candidate Andrew Romanoff wasted little time attacking his opponent, incumbent Michael Bennet, after a New York Times article criticized the former Denver Public Schools chief for a deal he made to finance the teachers' pension fund.

The New York Times published an article on Thursday stating that an "exotic" deal arranged by Bennet in 2008 to plug a $400 million hole in the DPS pension system ended up costing the DPS $25 million in fees to financial institutions.

Romanoff's latest ad attacks the deal as a "big casino bet gone wrong," and ties Bennet to Wall Street banks.

In a statement Friday, Bennet accused Romanoff of "repeatedly trying to score points at the expense of kids. The Senator, who was appointed to his seat after the 2008 elections, has repeatedly called the article into question, saying that he "left our district's pension in better shape than any other district in Colorado."