Despite Pact, PFM Gave to Pataki in '01

Braun, Martin Z.
June 2003
Bond Buyer;6/12/2003, Vol. 344 Issue 31655, p1
Trade Publication
The public-sector financial adviser Public Financial Management Inc. (PFM) donated $4,000 to the governor of New York State George Pataki in 2001 and has contributed more than $200,000 to state and local political committees in New Jersey, despite signing a highly touted voluntary pact with the U.S. Securities and Exchange Commission in 1999 banning itself from making political contributions. Since making the contributions to Pataki, PFM has advised on $4.7 billion in bond sales by New York State authorities and $7.3 billion in bond sales by New Jersey issuers, ranking among the states' top financial advisers.


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