New Jersey officials released a report on Friday detailing how $11.6 million in fees was split among underwriters in a $1.8 billion refunding last December, with the biggest chunk -- $3.5 million -- going to Lazard Freres as senior manager.

The long-awaited report, which came in response to criticism of the refunding from Gov. Jim Florio's Republican opponents, was presented as a comprehensive look at the 80 bond issues the state and its authorities have sold since the governor took office in January 1990.

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