Cuomo says he hired Hank Morris, a former aide to disgraced Comptroller Alan Hevesi, to
arrange pension investments with Rattner's firm, Quadrangle Group.
Not exact matches
The $ 2.5 bn
pension system's executive director allegedly
arranged «for impromptu meetings with
investment firms to justify travel expenses.»
But Cuomo's biggest catch yesterday was Quadrangle, which saw its share of
pension investments quadruple to $ 100 million after it paid kickbacks,
arranged by Rattner, to the now - indicted Hank Morris, Hevesi's political consultant.
Also among the firms that agreed to pay stiff fines was Global Strategy Group, a Democratic political consulting company that
arranged lucrative
pension deals between the comptroller's office and
investment firms, though it was not licensed to do so.
Faso was never accused of a crime or personally held liable for the improper
pension contact, but the Albany Times Union cited «a source close to the investigation» in reporting that «Faso
arranged or tried to
arrange meetings between the
investment firm Kellner DiLeo & Co. and officials at the state Common Retirement Fund, as well as the teachers, police and firefighter funds.»
Rattner's former firm, Quadrangle Group, has said Rattner
arranged payments of more than $ 1 million to a political operative to obtain a $ 100 million
investment from the New York State Common Retirement Fund, one of the largest
pension systems in the country.
According to the SEC complaint, the $ 100 million
investment from the New York
pension fund came only after the Quadrangle executive
arranged for a Quadrangle affiliate to distribute the DVD of a low - budget film called «Chooch,» which was produced by the brother of former New York state deputy comptroller David Loglisci.
Quadrangle and GKM paid fees to former state Comptroller Alan Hevesi's political consultant, Hank Morris, to
arrange pension fund
investments.
We can advise you on a wide range of
investments and
pensions, as well as help you make sure you have proper financial protection in place by
arranging insurance to cover your life, health and medical bills.