lol, just curious where are your retirement funds? Mine certainly include a very significant percentage in equities and some are "managed by Wall Street firms."
And what exactly is the basis for your assertion, that these funds are managed by major Christie contributors? There are none that I can see in the article.
Is it your assertion that a state can only invest with a firm that has no employees that are registered voters? Maybe only voters registered as independents?
The chart in the article shows a ROI for 2014 of 15.9% in 2014. Did NJ returns ever have returns that high prior to being professionally managed? NJ used to limit itself to investing in public entities with dramatically lower returns.
A better look at the NJ pension management can be found here:
http://pensionpulse.blogspot.com/2013/05/ny-and-nj-pensions-recover-from-crisis.html
I always found that the more tortured the attempt to smear a politician, the more worried the opposition is about his effectiveness and potential.