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TagsLt. Gov. Guadagno and husband made $230,000
BY TOM HESTER SR.
NEWJERSEYNEWSROOM.COM
Gov. Chris Christie and his wife, Mary Pat, made more than $500,000 over the past 12 months, according to financial disclosure reports made public Thursday by the State Ethics Commission.
Lt. Gov. Kim Guadagno and her husband, state Superior Court Judge Michael Guadagno, made at lease $230,000, according to the commission.
Most of the Christies' money stems from Mary Pat Christie, who reported making over $500,000 through her position as a vice president at the financial firm of Cantor Fitzgerald. Chris Christie reported making between $50,000 and $100,000 as governor, a post he assumed in January.
The Christies also reported making between $5,000 and $25,000 in royalty rights from Listerine products. They also own stock in three Goldman Sachs funds, including $250,000 to $500,000 in a hedge fund.
The Christies also own a home in Mendhan, valued at $500,000 and have a mortgage of over $250,000.Among the state's 120 Senate and Assembly members, 62 reported they or their spouses have income from other government agencies, authorities or state pensions, according to The Star-Ledger.
Senate President Stephen M. Sweeney (D-Gloucester), a full-time labor leader, donates his $18,000 a-year salary as a Gloucester County freeholder to three charities for the developmentally disabled. He plans to leave the freeholder position at the end of the year.
Assemblywoman Sheila Y. Oliver (D-Essex) earns $83,000 as an Essex County government administrator.
State Transportation Commissioner Jim Simpson holds $800,000 in stocks and bonds in four companies. Richard Bagger, the governor's chief-of-staff and a former Pfizer executive, reported making over $500,000 with the company before joining the Christie administration, The Star-ledger reported. The Baggers hold more than $1 million in stocks and bonds. State treasurer Andrew Sidamon-Eristoff and his wife, Catherine Baxter, declared they earned at least $1.65 million from salary, selling their home in Manhattan, a trust fund, and income from stocks and bonds.
The reports do not provide a full financial picture of the officials' incomes. They require listing only seven ranges of income from $1,000 to $500,000.
