N.J.'s Incoming Governor Looks to Ban Contingency Fees

Cataldo, Adam L.
November 2004
Bond Buyer;11/9/2004, Vol. 350 Issue 32007, p3
Trade Publication
Reports on the plan of New Jersey's incoming acting governor and current Senate President Richard J. Codey to issue an executive order that would ban the payment of contingency fees to firms and individuals who solicit the state for bond underwriting work on behalf of the clients. Reason for banning lobbyist contingency fees to third-party brokerage consultants; Response of state Treasurer John McCormac to the plan of Codey; Statement of outgoing governor James E. Mc Greevey regarding his resignation.


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