Gov. Christie Made Over $500K In 2010

TRENTON, N.J. (CBS 2/AP) — Newly released financial disclosure statements show New Jersey Gov. Chris Christie and his wife earned more than $500,000 in the past year.

Christie’s wife is a vice president at Cantor Fitzgerald investment bank in New York.

But the new Republican governor doesn’t have nearly as much income to report as his chief of staff and state treasurer.

Treasurer Andrew Sidamon-Eristoff reports having at least $500,000 cash on hand, at least $3.5 million in stocks with his wife, and more than $500,000 in real estate holdings outside New Jersey.

Christie’s chief of staff Rich Bagger, a former Pfizer executive, has more than $1 million in stock.

Money has been the hot topic in the Garden State this week, as it was revealed Wednesday that a costly mistake in Christie’s office cost the state $400 million in critical education funding.

On Wednesday, Christie blamed President Barack Obama.

It was New Jersey’s future — a 1,000 page plan to get $400 million in federal funds for innovating education, called the Race to the Top.

But that money is lost, after one person in the Department of Education entered budget numbers for the wrong years.

“I’m not gonna fire somebody over this. I take that responsibility because I’m the governor,” Christie said.

But even as he accepted blame, Gov. Christie dished it out as well, saying the plan to revolutionize education in New Jersey was solid and deserved to win the funding, and said a quick phone call would have corrected the error.

“That’s the stuff the Obama administration should answer to. Are you just down there checking boxes like mindless drones?” Christie said.

Christie says that when the president comes back to the state “he’s going to have to explain to the people…of New Jersey why he’s depriving them of $400 million that this application earned.”

State Assembly Speaker Sheila Oliver called it “a stunning mistake that is going to hurt New Jersey’s children.”

  • alex

    No wonder, Christie has so much fat – he eats his money!

  • Wayne R. Serbin

    They”re in the money!

  • islandgrl


  • Roy

    And that was just his FEED BILL……………….

  • Zvi Schachori

    Just another Christie administration’s attempt to shift the blame for their errors onto others. It is not the Washington’s job to check for Christi’e errors

  • mare

    Typical Republican.

  • Morna

    Siince when is it bad to be successful. Good for him. As for people’s comments about blaming Obama, maybe Obama should do the same thing and take responsibility and stop blaming Bush

  • Sick of Blaming Obama

    Gov. Christie, your office didn’t do their job period! Instead of pointing the blame, be a real gov. and make sure that when important information needs to be delivered, you send out the correct information.

  • Alex

    This is such a dumb article and horrible reporting. What do his personal finances and those that work for him have anything to do with the Race to the Top?

    Maybe it was a purposeful mistake because someone knew the money would be going to the wrong people and in the wrong pockets. Who knows? Nobody.

    I love how people criticize every little thing any politician does. If not Christie, than another Governor, and another. There are those that will complain about anything and can never be satisfied.

  • Sean

    Good for him. If more republicans were in charge we might all have incomes of 500k+ instead of being a slave to the federal government looking for a paltry handout.

  • e

    Blaming Obama? Well, isn’t that a shock?
    Typical Christie, blame everyone else. He is great at redirecting blame, and the people of NJ are great at falling for it.

  • TT

    It seems fair to me and Obama has nothing to explain. Other states did their job correctly and got funding. Are you going to yank $400 million from another state now? Grow up governor Christie. Blaming Obama administration is lame.

  • yumster

    Be real governor!!1 Blaming Obama for your incompetence is a new new from republicans. NJ, you got what you voted for minus $400million .

  • Mohamed Omar

    Well, it was another state who got the fund, they got it because the people who are in charge of NJ are not doing the job right but the people in the other state are

blog comments powered by Disqus
Charles Osgood Event

Listen Live