11/25/2008
Camden Chief Operating Officer (COO) Theodore Davis announced plans to cut 31 government jobs in October. Rather than rely on union agreements to decide where to cut, Davis used his own system, which he said was more equitable than established civil service procedures. Unions representing municipal employees say that’s illegal …
11/25/2008
New Jersey investment director William Clark said the state pension board is considering a lawsuit against Lehman Brothers. The state bought approximately $180 million of Lehman stock in June, only to sell it at a loss of about $100 million …