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Critics See Cory Booker’s Loyalties Divided Between NJ and Silicon Valley

(Cory Booker, during a campaign appearance in June.  Credit:  Ramin Talaie/ Getty Images)

(Cory Booker, during a campaign appearance in June. Credit: Ramin Talaie/ Getty Images)

David Madden David Madden
David Madden is a Philadelphia native with virtually a lifetime of...
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By David Madden

NEWARK, N.J. (CBS) — With just days before a special primary election in New Jersey, the Democratic frontrunner to succeed the late Senator Frank Lautenberg could have some explaining to do.

Cory Booker has fancied himself a champion of the little guy. But a newly filed campaign report shows the mayor of Newark has a multi-million dollar investment in a New York based social media company called Waywire.

Why is that a potential concern? Brigid Harrison is a political science professor at Montclair State.

“Should he be elected, he’d obviously be in a position to be voting on the kinds of legislation that would regulate companies like those that he has been investing in,” said Harrison.

She doesn’t believe the revelation will affect Booker’s senatorial bid, he leads in every poll. The Booker campaign says he’ll put the investment in a blind trust and step down from the board if elected.