New Jersey Guy. Christine Todd Whitman is continuing to review. an advisory panel's recommendations on competitive bidding for rex-exempt bonds, and she is expected m announce a decision on the issue in about six weeks state government and Wall Street sources say.
The governor, these sources say, appears to accept the broad outlines of the panel's recommendations. namely that the state should be given an expanded list of circumstances for issuing bonds through negotiated sales rather than competitive bidding.