Jackson, NJ – Senate Republican Budget Officer Tony Bucco called on Governor Jon Corzine to release all documents detailing links between casinos and a hedge fund company in which the governor is invested. The Governor’s financial disclosure forms show that he has invested in a hedge fund called TPG-Axon.
The Star-Ledger reported that the fund has the same addresses and almost the same name as Texas Pacific Group (TPG), an operator of hedge funds that bought Harrah’s Entertainment in 2006. Harrah’s owns four casinos in Atlantic City. Yet the governor contends that his investment meets the letter and the spirit of the state casino laws.
