As Public Pensions Shift to Risky Wall Street, Local Politicians Rake in Political Cash
Democracy Now!

Chicago Mayor Rahm Emanuel, who once served as President Obama’s chief of staff, received more than $600,000 in campaign contributions from executives at investment firms that manage Chicago pension funds. The head of a New Jersey board that determines how the state invests its $80 billion pension fund was in direct contact with top political and campaign fundraising aides for New Jersey Gov. Chris Christie during his re-election bid.
Spread the word