Exclusive: New Jersey paid $720 million to exit all swaps under Christie
 

Exclusive: New Jersey paid $720 million to exit all swaps under Christie
NEW YORK (Reuters) - New Jersey has terminated all of its interest rate swap agreements under Gover**r Chris Christie, paying banks $720 million to unravel $4.2 billion of swaps and wiping from its books a potentially big, unpredictable liquidity risk.


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