Shockingly, Chris Christie just lied in a press conference about Pando's pension coverage
Earlier this year, we published a series of investigative reports by David Sirota, revealing violations of New Jersey's rules around pension investments.
One of the firms with which the Chris Christie administration agreed an investment deal, Chatham Asset management, subsequently threatened to sue Pando unless we retract our reporting. We continue to stand by our story, and Chatham continues to have not got around to actually suing us.
Meanwhile, the scandal continues to dog Governor Christie. Earlier today, during a press conference in New Jersey, Christie was asked about Sirota's reporting. His response: "It's an absolutely inaccurate piece, written by a fired reporter" (video below).
A few corrections, Governor. For one thing, it isn't one piece, it's at least half a dozen:
Finally, and perhaps most importantly, David Sirota wasn't "fired" over his coverage of Chris Christie. In fact, he was was one several staffers laid off (with severance) as part of the editorial restructuring plan we described here. If anything, David left Pando because the swamp that is New Jersey's handling of public pension money is so deep and putrid that to dredge it would require far more resources than we were able to commit to a local politics story.
David continues to investigate Christie and New Jersey pensions over at the International Business Times. Pando continues to provide him full legal support for the work he did while at Pando. We also continue to stand by him and his excellent, accurate reporting.