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News
April 18, 2012
Mitt Romney, American Parasite
His years at Bain represent everything you hate about capitalism
Blogs
March 21, 2011
Nuns Get Litigious, Sue Boston Archbishop
We have to run a photo of the Flying Nun with every nun story. It's the law.The Daughters of St. Paul are suing Cardinal Sean P. O'Malley, the archbishop of Boston, in an attempt to get out of an archdiocese-run pension fund. The Boston Globe reports that the group, which consists of around 1 ... More >>
Blogs
December 30, 2010
Steve Rattner Agrees to Pay $10M in State Pension Fund Scandal Settlement With Cuomo
A pre-New Year's Eve deal has been cut between investment big Steven Rattner and outgoing Attorney General Andrew Cuomo to settle charges stemming from Rattner's role in the state pension fund scandal. Rattner, who served as auto czar for President Obama and investment adviser to Mayor Bloomb ... More >>
Blogs
December 9, 2010
The Peggy Lipton Affair Takes Down Another Albany Big Shot
We got yet another fascinating look inside the Albany favors factory yesterday when Andrew Cuomo released his latest revelation in the state pension fund scandal. Pat Lynch, the uber-lobbyist and close friend and ally of Sheldon Silver, was slapped with a half-million-dollar fine and banned f ... More >>
Blogs
December 8, 2010
Steve Rattner's E-mails Told a Different Tale on Movie Deal
The Times gives the Steve Rattner case Page One treatment again today. But this one's a little different from the last time when the former Timesman, who counts both Times publisher Arthur Sulzberger and Mike Bloomberg as close friends and clients, was described as putting his legal troubles ... More >>
Columns
November 10, 2010
Local Nightclubs Need to Stop Resisting Pension Payments for Jazz Musicians
The Times gives the Steve Rattner case Page One treatment again today. But this one's a little different from the last time when the former Timesman, who counts both Times publisher Arthur Sulzberger and Mike Bloomberg as close friends and clients, was described as putting his legal troubles ... More >>
Blogs
October 23, 2010
Tom DiNapoli's Appointment Logs: He's Just Too Nice a Guy
Tom DiNapoli is too nice a guy. The state comptroller apparently can't say no to anyone who wants to meet with him, though he has a mixed record when it comes to delivering what his bellringers want. I've been reading half a foot of DiNapoli's appointment schedules from 2007 to now an ... More >>
Blogs
October 14, 2010
Steve Rattner, Financial Genius, Felled By Jackass Movie
Rattner's FollyEx-auto bailout king Steve Rattner is reportedly settling his pay-to-play charges stemming from his state pension fund schemes with the Securities Exchange Commission. He'll take a two-year bar from the securities markets, plus ante up $6 million, says the Wall Street Journal. ... More >>
Blogs
October 14, 2010
Steve Rattner Still Has a "Chooch" Problem
Auto bailout czar Steve Rattner is not out of the woods yet. Rattner may be able to put his problems with the Securities Exchange Commission behind him today. But he's still got a ways to go with state Attorney General Andrew Cuomo's office which launched the state pension probe and which has ... More >>
News
August 18, 2010
Inside Rick Lazio's Biggest Wall Street Deal—The Chummy E-Mails
Diverting nearly a billion in retiree benefits into subprime risk? Oh, just watch him work the e-mail.
Blogs
April 15, 2010
Steve Rattner "Unethical" Say Quadrangle and Cuomo
A pair of New York City political powerhouses took major public hits today in Andrew Cuomo's latest round of sanctions in his pension fund fraud investigation. The biggest is Steve Rattner, the ex-Times reporter who counts Mike Bloomberg and Arthur Sulzberger Jr. among his close pals. Here's ... More >>
Blogs
March 10, 2010
David Loglisci Cops Pension Scam Plea, Says 'Senior Officials' Made Him Do It.
It was another bad day in court for that former New York political power couple, consultant Hank Morris, and his top client, former comptroller Alan Hevesi. The bad news broke about 10:30 this morning when Attorney General Andrew Cuomo's office announced that it had obtained a guilty plea from David ... More >>
News
February 2, 2010
The Reinvention of Andrew Cuomo
A Prince of Darkness turns White Knight
Blogs
December 14, 2009
New Yorkers Play Santa, Bestow $12K Each on People Who Don't Even Work Here Anymore!
Oh look at the sweet Christmas gifts your taxes bought!Christmas is coming a little early for certain New Yorkers, thanks to your taxes. Once again, the state is handing out cash bonuses of $12,000 each to thousands of police officers and firefighters who don't even work for the city anymore ... More >>
Columns
December 8, 2009
The Peggy Lipton Affair Brings Down Another Mogul
Oh look at the sweet Christmas gifts your taxes bought!Christmas is coming a little early for certain New Yorkers, thanks to your taxes. Once again, the state is handing out cash bonuses of $12,000 each to thousands of police officers and firefighters who don't even work for the city anymore ... More >>
Blogs
December 3, 2009
Cuomo: Financier Broidy Admits Paying Bribes for Pension Fund Investments
A manager of an $800 million California-based private equity firm has admitted to paying almost a million dollars in bribes to four high-ranking officials in the New York State pension fund between 2002 and 2006, Attorney General Andrew Cuomo announced today. In exchange for these bribes, E ... More >>
Blogs
October 6, 2009
Cuomo Takes Harding Scalp in Pension Scandal
The last time Ray Harding tried to give Andrew Cuomo a boost into the governor's mansion, it didn't go too well. Cuomo dropped out of the race; Harding's Liberal Party, which had endorsed Cuomo, lost its ballot line after it failed to get the minimum 50,000 votes in the 2002 race. Today, Hardi ... More >>
Blogs
August 19, 2009
Times: Thompson's Investments Not Paying Off
The Times finds that the city's pension fund has "consistently lagged behind many of its public pension peers" under Comptroller (and mayoral candidate) Bill Thompson. For the past seven years, four of five city pension funds earned less than the 4.5 percent median annual return for large public pe ... More >>
Blogs
June 5, 2009
Paterson and Unions Agree on Plan; Say it Will Cut Jobs, Benefits, Save $440M
Governor Paterson has announced an agreement with the state employees' unions, whom he has been threatening with massive layoffs for months, that will save the state some money and save the unions some jobs and benefits they might otherwise have lost to forced budget cuts. Per the announcement, th ... More >>
Columns
June 3, 2009
Pension Fixers Go Right on Pushing
What scandal? Thompson's pals keep their edge.
Blogs
June 1, 2009
DiNapoli: I'll Continue to Run the Pension Fund Myself, Thanks
When Andrew Cuomo started digging up crooked deals in the pension fund, state comptroller Thomas DeNapoli was quick to endorse an end to the use of corrupting "placement agents" in handling fund investments. But there's only so far DiNapoli is willing to go. Bloomberg News says DiNapoli wants to re ... More >>
Blogs
May 29, 2009
State Pension Fund Loses 26.3 Percent of Value in a Year
Considering how big New York State's pension obligations are, it was a cause for concern when the pension fund started to lose value as the market tumbled, dropping about 20 percent between April and October 2008. So in March the state started investing more in private equity markets -- which, as At ... More >>
Blogs
May 15, 2009
Another Probe for Another Ex-Giuliani Aide
There's a blast from the Giuliani past sitting atop the fold on Page B1 of the Times' business section this morning in the form of a photo of Charlie Millard, Rudy's former top economic aide who ran the city's Economic Development Corporation in the Giuliani era. The story about him includes the mos ... More >>
Columns
May 13, 2009
Another Thompson Supporter Rings Up a Big Pension Fund Score
There's a blast from the Giuliani past sitting atop the fold on Page B1 of the Times' business section this morning in the form of a photo of Charlie Millard, Rudy's former top economic aide who ran the city's Economic Development Corporation in the Giuliani era. The story about him includes the mos ... More >>
Blogs
May 12, 2009
Cuomo, SEC Bust Ramirez in Pension Fund Fraud
Andrew Cuomo (pictured) keeps rolling up skels in the pension fund pay-for-play scandal. Now he's got Julio Ramirez Jr. to plead guilty to a securities fraud violation. Ramirez, a pal of previous indictee Hank Morris, is a placement agent of the sort that has proven troublesome in these matters and ... More >>
Blogs
April 30, 2009
Dallas-Based Aldus Exec Caught in New York Pension Fund Scandal
The pension fund scandal that attorney general Andrew Cuomo's investigations and prosecutions have roiled appears to be spreading out. Today Cuomo and the SEC both charged the managing partner of private equity firm Aldus Equity Partners, Saul Meyer, with felony fraud. Meyer, based in Dallas, is an ... More >>
Columns
April 29, 2009
Peggy Lipton, The Girlfriend Who Sparked the Pension Scandal
How a Queens schlub went head over heels for Peggy Lipton and brought down the system
Columns
April 22, 2009
Alan Hevesi Carried a Torch for Robert Torricelli
The dashing ex-senator worked at the same tainted firm as comptroller's aide
Blogs
April 22, 2009
DiNapoli Bans Placement Agents from Touching Pension Fund
In the current environment, it makes sense that comptroller Thomas DiNapoli would want to be as squeaky-clean as possible. He was the first statewide official to release his tax returns this year. And now, as the pension fund scandal under former comptroller Alan Hevesi unravels and the papers call ... More >>
Blogs
April 22, 2009
Cuomo, Thompson Heating Up Pension Fund Investigations
Hmm. Now that state comptroller DiNapoli's banning placement agents from doing business with the state pension fund-- like what Ray Harding was pretending to do when attorney general Cuomo nabbed him -- city comptroller William Thompson (pictured) is calling for a similar ban here. (He can't just c ... More >>
Columns
April 15, 2009
Hevesi's Friends in Need
Political pals cashed in on pension fund business
Columns
March 25, 2009
Alan Hevesi: Shakedown at the Pension Fund
The fiscal watchdog's team wrote its own rules
Blogs
March 19, 2009
Former Hevesi Aide Arraigned on Corruption Charges
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
December 9, 2008
Feds: Lawyer Jailed for Impersonation Scammed Others, Too
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
December 5, 2008
New York Lawyer Jailed in Toronto for Impersonation
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
January 30, 2008
Thompson Uses NYC Pensions to Push For LGBT Worker Protections
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
December 20, 2007
Adventures in Google's Contextual Advertising
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
October 2, 2007
New Yorkers To Spitzer: Take the Stand
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
January 4, 2007
Corp v. Comptroller: Dodging the Question
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
January 5, 2006
Morning Report 1/5/06
Vulture in a Coal Mine
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
December 21, 2005
Pensions: Why All You Whipper-Snappers Are Walking to Work
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
Blogs
July 31, 2005
Morning Report 7/31/05
Missed Connections
After scandal-plagued comptroller Alan Hevesi resigned in 2006, he got off light with a fine, a ban from office, and no jail time. But his consultant Hank Morris quickly fell under Andrew Cuomo's investigative eye for allegedly steering state pension fund contracts in return for "referral fees." Leg ... More >>
News
May 24, 2005
Parking Perk
Cop landlord gets a freebie
News
November 26, 2002
The Other Budget Culprit
Giuliani's Role in Fiscal Woes
News
August 20, 2002
Carl McCall's Secret Self
A Look Inside the Bizarre World of His Pension-Fund Proxy Votes
News
February 6, 2001
An Embarrassment of Riches
Business Big Shots Invest Heavily in Democrat McCall’s Political Future
News
March 21, 2000
Hillary: Help Free the Slaves
Are You Backing the Slave Trade?
News
January 11, 2000
Fighting Back
One Woman’s Campaign Against Her Former Union Employer
News
October 20, 1998
The Pragmatic Politician
Despite his recent troubles, it's business as usual for Carl McCall
More >>

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