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Alan Hevesi

Is Alan Hevesi Next?

“I would say the walls are closing in on Mr. Hevesi,” Columbia University law professor John Coffee told Bloomberg News yesterday, citing the recent plea deals for some of the intermediary players in the pension fund's pay-to-play scandal. That could mean they're now cooperating witnesses on a case that goes all the way to Read More

Cuomo Unveils Code of Conduct, Gets Carlyle to Sign On

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 Read More

Calling All Middle Men: Cuomo Subpoenas Lots of Pension Lobbyists

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 Read More