Shockingly, Chris Christie just lied in a press conference about Pando's pension coverage

By Paul Bradley Carr , written on August 28, 2014

From The News Desk

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:

Gov. Christie’s investment chief has major financial ties to firm that got $300M in NJ pension cash

Christie officials gave millions in public funds to VC firm, despite “pay to play” rules

Chris Christie’s $300m pension proposal broke state anti-corruption laws (And now the intended recipient threatens to sue Pando)

Recipient of New Jersey pension deal housed charity run by Gov. Christie’s wife

Christie officials put pension cash into fund that backed donor’s companies

Chris Christie can’t afford to pay public teacher pensions… but still hands education megacorp $82m in subsidies

Second, none of the pieces is inaccurate. We stand by every one and, as today's press conference question demonstrated, the facts revealed in them are not going away.

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.