Christie Denies Conflict in Cendant Probe

Summary

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Republican gubernatorial candidate Chris Christie acknowledged Wednesday he bought and sold stock in a travel and real estate company while it was under investigation by the U.S. Attorney's Office he led at the time.

Christie purchased shares of Cendant Corp. in 2004 and sold them in 2005, according to financial disclosure reports he filed with the Justice Department. In 2002, his office had renewed an investigation into Cendant, leading to fraud convictions of two of its former top executives in 2005 and 2007.

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Extract

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Christie Denies Conflict in Cendant Probe

Asked about the investment during a news conference, Christie acknowledged seeing it on his disclosure reports ...

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