POLITICS
12/17/2014 10:28 am ET Updated Dec 17, 2014

New Jersey Paid Fees To Mary Pat Christie's Firm After State Investment Was Terminated

Kena Betancur via Getty Images

When the New Jersey pension system terminated a $150 million investment in a fund called Angelo, Gordon & Co. in 2011, that did not close the books on the deal. In the three years since state officials ordered the withdrawal of that state money, New Jersey taxpayers have forked over hundreds of thousands of dollars in fees to the firm. As those fees kept flowing, Angelo Gordon made a prominent hire: Mary Pat Christie, wife of Gov. Chris Christie, who joined the company in 2012 as a managing director and now earns $475,000 annually, according to the governor's most recent tax return.

Read more on International Business Times

HuffPost

BEFORE YOU GO

PHOTO GALLERY
Chris Christie Is Absolutely Shocked
CONVERSATIONS