Federal investigators are looking into whether Governor Chris Christie's administration committed securities law violations by spending nearly $2 billion of Port Authority funds on a state owned bridge. It is illegal to spend Port Authority funds on state owned infrastructure, but the Christie administration lobbied heavily to classify the bridge as an access road to the Lincoln Tunnel even though they are not connected. Investigators are attempting to determine if Governor Christie violated the Martin Act, which enables the state of New York to file suit if they feel Christie intentionally misled bond holders.
Shortly after his election, Governor Christie appointed two of his friends and political donors, John and Mary Kay Strangfeld, to the typically ceremonial positions of chairman and vice chairman at the Drumthwacket Foundation, a nonprofit that has restored and maintains the New Jersey Governors mansion. John Strangfeld is also the chairman of the insurance agency Prudential, a company that received a record-setting $250 million dollar tax incentive to move its Newark headquarters only a few blocks down the street. The number averages out to the taxpayers spending $527,000 per job that was created in the handout.