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ALBANY—Andrew Cuomo has a proposal to tighten up ethics enforcement in the wake of the conviction of former Senate Majority Leader Joe Bruno: just let him do... READ MORE»
ALBANY—Andrew Cuomo just announced the latest in his ongoing probe of the state comptroller's office: a guilty plea from a California-based private equity manager made in connection with what Cuomo called "an old-fashioned, 'pay off of state officials'... READ MORE»
ALBANY—Two more people have pleaded guilty and are cooperating with Andrew Cuomo's investigation into "pay-to-play" at the state pension... READ MORE»
ALBANY—Many of the investments named in a pay-to-play scandal under Alan Hevesi's tenure as comptroller made money for the state's pension fund, according to a chart just released by current comptroller Tom... READ MORE»
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Andrew Cuomo told reporters this morning that a private equity firm has agreed to pay $30 million and adopt a new code of conduct as part of the attorney general's two-year-old probe of the state pension fund. Cuomo announced the deal with Riverstone Holding LLC, and said that new code of conduct – which bars the use of placement agents to land business with the pension fund – would help clean up the industry. “The code... READ MORE»
ALBANY—As attorney general, he can't directly legislate, but Andrew Cuomo has created a code of conduct for investment firms doing business with public pension funds and announced that a major firm, The Carlyle Group, has signed on. Carlyle will also pay a $20 million settlement for allegedly improper business deals with the state pension fund under former comptroller Alan Hevesi and two aides, Hank Morris and David Loglisci. "We've now, we've spent enough time doing... READ MORE»
ALBANY—As attorney general, he can't directly legislate, but Andrew Cuomo has created a code of conduct for investment firms doing business with public pension funds and announced that a major firm, The Carlyle Group, has signed... READ MORE»
Attorney General Andrew Cuomo has issued more than 100 subpoenas of placement agents doing business before public pension funds, part of his ongoing inquiry into the large pools of public... READ MORE»
Attorney General Andrew Cuomo has issued more than 100 subpoenas of placement agents doing business before public pension funds, part of his ongoing inquiry into the large pools of public money. Those subpoenaed, as reported today, include some of Albany's most prominent lobbyists. Cuomo said he did not believe that any elected officials were among the placement agents being scrutinized.... READ MORE»
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Complaint against Saul Meyer ALBANY—Attorney General Andrew Cuomo just completed a conference call announcing charges against Saul Meyer, a partner in Aldus Equity.... READ MORE»
For most of the country, news of the involvement of Barack Obama's recently named car czar in... READ MORE»
For most of the country, news of the involvement of Barack Obama's recently named car czar in an alleged pay-to-play scandal has merely been surprising. For New York's Democratic fund-raisers and bundlers, it was the day their rarified world fell off its axis. "We are stunned," said one prominent Democratic donor. Steven Rattner, the appointee in question, is not just any government bureaucrat.... READ MORE»
Former assemblyman Michael Cohen left his seat in 2005 and was replaced by the son of then-state comptroller Alan Hevesi, whose office's alleged role in facilitating the job-swap now figures into an investigation into an alleged pay-to-play scheme. Cohen was not a target in the indictment announced this morning by Attorney General Andrew Cuomo, but the felony complaint against former Liberal Party boss Ray Harding, who is accused of orchestrating the vacancy, will probably... READ MORE»
