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Acting Governor Bows Out of Race

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From Times Wire Reports

New Jersey’s acting Gov. Donald T. DiFrancesco, under fire for his business and real estate dealings, withdrew from the governor’s race.

DiFrancesco, 57, a Republican, withdrew three days after he entered it, and a day after attacking his two opponents as tax profligates.

DiFrancesco made some windfall profits and took questionable loans from key supporters. He borrowed $150,000 from an engineer whose firm received millions of dollars in public contracts and also allowed the state’s largest home builder to pay off a $225,000 debt on a Scotch Plains real estate investment.

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