New Jersey politics sure does have its comedic ups and downs.

Democratic Gov. Jon Corzine (D-NJ) was hit by the Star-Ledger's report over the weekend that he has a stake in a hedge fund, which may have a corporate connection to a casino -- thus creating a conflict with a law that forbids state officials from owning a stake in casinos. His Republican opponent, Chris Christie, was quick to pounce on it, calling it a "real possibility of law breaking" and a "colossal error in judgment."

But now the Star-Ledger has taken a look at Christie's finances -- and it turns out that when he was U.S. Attorney, he owned stock in a company that his office was investigating. "The way my investments work, I had no authority to order either the buying or the selling of any particular stock in that fund," Christie said. "I was not making the decision to buy or the decision to sell."