Financial Transparency Coalition

Wall Street Journal: New Jersey has never been short of corruption scandals, but the one that unfolded yesterday was surprising even by the standards of the state that inspired "The Sopranos."

FBI agents have arrested several prominent high-profile political and religious leaders throughout the state of New Jersey over an alleged corruption ring. Kelly Wallace reports from Newark.

Two New Jersey Mayors, several rabbis, and other public officials were arrested by the US Federal Bureau of Investigation this morning in what is being described by the US Attorney's office as a "two-track federal investigation of public corruption and a high-volume, international money-laundering conspiracy." From Bloomberg:

The mayors of Hoboken and Secaucus, New Jersey, and several rabbis were among at least 30 people arrested today as part of a public corruption and money- laundering investigation by U.S. authorities.

Hoboken Mayor Peter Cammarano, 31, and Secaucus Mayor Dennis Elwell, both...