Hi, Ed, I find it outrageous that New Jersey invested $180 million in Lehman Brothers stock in June 2008. It was invested by the director of the division of investments. How could that be? Everyone knew because of the subprime mortgage mess that Lehman was hit deep, and now the state’s lost half of that money. The state needs to do some explaining to the people of New Jersey as to why we taxpayers are going to have to cover that investment.

Answers

Someone should be fired.—Ed. Note