BAB's securities are 35% underwritten by the federal government as to interest payments. These bonds have been very popular with institutional investors, Particularly isnurance entities. The fund was launched in 2009. While the listeners was largely friendly to Christie there were some who were clearly not happy with the governor. One Sandy target held a sign that read "Christie decide" occurring entire event. She and others who've been vocally critical of Christie's handling of the Sandy recovery effort were not called on to ask any questions,

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