“As previously reported, New Jersey has some of the nation’s strongest anti pay-to-play and anti-corruption laws and rules. These aim to prohibit public pension contracts from being awarded to investment firms whose executives make financial contributions to politicians, election funds and political party organizations operating in the state. They are buttressed by SEC rules engineered to do the same thing.

Yet, despite all of these laws and rules, Pando has discovered evidence that Gov. Chris Christie’s administration awarded a public pension contract to a technology venture capital firm shortly after a partner at that same firm made a $10,000 contribution to the New Jersey Republican State Committee.”

Read the PandoDaily Exclusive from David Sirota here:
http://pando.com/2014/05/08/exclusive-christie-officials-gave-millions-in-taxpayer-funds-to-major-tech-vc-in-apparent-violation-of-pay-to-play-rules/

Cenk Uygur (http://www.twitter.com/cenkuygur) host of The Young Turks breaks down the exclusive PandoDaily story. Are you surprised the Governor Chris Christie administration has such a rampant culture of corruption? Tell us what you think of this story in the comment section below.