Sentences with phrase «fund scandal»

Represented the Ontario Municipal Employees Retirement System (OMERS) before a major municipal judicial inquiry • Counsel to the court - appointed Receiver in the Norshield hedge fund scandal involving the tracing and attempted recovery of over $ 400 million in investor funds in several jurisdictions
Paladino accused Cuomo of shirking his duty by failing to crack down on powerhouse Democratic fund - raiser Steve Rattner and former Controller Carl McCall, who were tied to the pay - to - play pension fund scandal.
He refers to former Democratic State Comptroller Alan Hevesi, who was convicted in a pay - to - play pension - fund scandal.
As part of his three - year probe into the pension fund scandal, Cuomo brokered a $ 12 million settlement with Quadrangle, which placed the blame squarely on Rattner.
In 2008, when Quinn and the Council found themselves mired in a slush - fund scandal — she had quietly continued a bad - old - timey Council practice that allowed the speaker to consolidate power by doling out discretionary money to members in secret — she found an invaluable, unshakable source of support in Bloomberg and in the real - estate community.
In «Roots of Betrayal: The Ethics of Christine Quinn,» Queens - based gay activist Louis Flores documented a host of ethical and legal infractions, including the celebrated slush fund scandal that prompted the speaker to push the term limit extension bill through the Council, allowing Bloomberg — and Quinn herself — to run for a third term.
Wasn't Mr. Liu also involved in the SLUSH FUND scandal?
Asked whether her slush - fund scandal should be an issue in this mayoral race, Quinn said she was proud of the reforms she instituted post-scandal to create a verification system «heralded by good - government groups.»
Cuomo did expose a massive pay - to - play state pension fund scandal that felled a number of high - profile individuals, including former state Comptroller Alan Hevesi and his long - time political advisor, Hank Morris.
Hank Morris has received a sentence of one and one - third to four years in prison for his role in the pay - to - play pension fund scandal, NY1's Grace Rauh reports from the downstate courtroom where the once - powerful political consultant appeared to learn his fate.
At least two Democrats seeking statewide office this fall will not be heeding calls to dump Global Strategy Group in spite of the firm's involvement in the pay - to - play state pension fund scandal.
Cuomo raised eyebrows and embarrassed DiNapoli as he announced a series of multimillion - dollar settlements in the state pension - fund scandal and then disclosed that his office was looking into the comptroller's role in meeting with politically connected companies seeking control over the investment of pension - fund money.
Excitement about Cuomo's announcement has been building in Democratic circles as the impasse over a new state budget worsens and as the attorney general moves to wrap up several high - profile investigations, including the state pension - fund scandal and a probe of embattled Bronx Democratic Sen. Pedro Espada.
If, as many expect, he gets indicted in the Abramoff slush fund scandal he is toast.
The City Council's new point person in overseeing the $ 50 billion municipal budget didn't do such a hot job overseeing a nonprofit group at the center of a Council slush fund scandal, records show.
«The Speaker refuses to apologize for overturning the will of the people, the slush - fund scandal, and things in her professional life,» said former congressman Anthony Weiner, noting later that, «anyone on this stage who helped [Bloomberg] get that third term should not get a promotion.»
«She wouldn't,» Turner said before attacking Weprin as being «tainted by a long career in politics,» referring to the City Council slush fund scandal and accusing Weprin of taking political contributions from charity.
State Comptroller Tom DiNapoli's GOP challenger Harry Wilson is keeping the heat on his Democratic target in the wake of last week's bombshell revelation by AG Andrew Cuomo that his pay - to - play pension fund scandal has extended into DiNapoli's tenure.
The letter refers to TV commercials that have started airing in the district, linking Faso to his lobbying firm Manatt, Phelps and Phillips paying a fine as part of a settlement connected to the pay - to - play pension fund scandal.
It was Soares who started the initial investigations into the former state Comptroller Alan Hevesi's pay - to - play pension fund scandal.
-- Quinn: Rubber stamp for Mayor Bloomberg, voted to extend term limits, involved in a slugh fund scandal, known for «backroom» deals.
The memo also inclues a number of heatfelt letters from Hevesi's friends, family and rabbi, including his sons, former Sen. Dan Hevesi and Assemblyman Andy Hevesi, who were both implicated in and / or impacted by their father's pay - to - play pension fund scandal.
While Cuomo cleared Wilson's opponent, state Comptroller Tom DiNapoli, in the ongoing pay - to - play pension fund scandal, he declined to endorse his fellow Democrat outright.
The report comes after a massive pay - to - play pension fund scandal resulted in the imprisonment of several prominent figures, including former Comptroller Alan Hevesi and his longtime political advisor Hank Morris.
Cuomo, as attorney general, did eventually give DiNapoli a clean bill of health by clearing him of any wrongdoing in the «pay to play» pension fund scandal that had sent Hevesi to prison, but his unease with the fellow Democrat never went away.
Spitzer was AG when the pay - to - play pension fund scandal that felled ex-state Comptroller Alan Hevesi was in full swing and did nothing about it.
A Democratic insider over the weekend noted the history Cuomo and Faso shared: Namely the part the congressman played in the Cuomo's attorney general investigation into the pay - to - play pension fund scandal of the last decade.
His scorn grew to encompass her tenure during the so - called «slush - fund scandal,» where it was revealed that Council members were handing out discretionary money to fake organizations and political cronies with little oversight.
In baseball you get kicked out for cheating, but now the Yankees are promoting someone who has never come clean with her slush fund scandal.
And in her role as liaison to the Justice Court, she has an opportunity to further advance the town's plan to create a new courthouse and to help implement reforms in light of last year's bail fund scandal.
Some of the charges directly stem from the City Council's slush fund scandal — which brought down former Councilmember Miguel Martinez last year.
DiNapoli has suggested his office should be used as a test - case for public campaign financing at the state level to get out from under the pay - to - play pension fund scandal of his predecessor.
Cuomo holds his father and his legacy in a sacrosanct state, making the kicker of the letter a real punch to the solar plexus and will do little to advance either man's relationship (part of this bad blood may stem from way back in 2010, when then - Attorney General Cuomo settled with the lobbying firm Faso worked for as part of a major pay - to - play pension fund scandal).
The slush fund scandal indicates to Mr. Lander that «we don't have a vital local democracy,» and sees the scandal as a function of a system whereby the City Council focuses a great deal of energy and attention to the 1 % of the City budget that is allocated to Member items.
He also believes that «we have probably not heard the last of the slush fund scandal... we need to have accountability on whether the community groups that get City funding actually do what they say they were going to do with the money.
The special access came amid Attorney General Andrew Cuomo's investigation into a massive pay - to - play pension fund scandal under DiNapoli's predecessor, Alan Hevesi.
Four years earlier, Faso lost the state comptroller's race by a very slim margin to Democrat Alan Hevesi, who ended up resigning in disgrace thanks to the so - called Chauffeurgate scandal and then serving time behind bars for his role in a massive pay - to - play pension fund scandal exposed by Spitzer's sucessor in the AG's office, Andrew Cuomo.
When the US Attorney and FBI investigated the slush fund scandal, Quinn used taxpayer dollars to pay for her lawyers.
Cuomo successfully prosecuted eight people in the pension - fund scandal, including political consultant Hank Morris and Hevesi's chief investment officer, David Loglisci.
The two men who oversaw prosecution of the pay - to - play pension fund scandal that resulted in former comptroller Alan Hevesi's jail sentence today both said the penalty should serve as a warning against other public officials seeking favors and gifts while in office.
Kirsten Gillibrand's chief political advisors were involved in the biggest pension fund scandal in New York State history, yet no one yet knows what Ms. Gillibrand thinks about that.»
Sen. Kirsten Gillibrand's GOP challenger David Malpass is continuing to pressure her to cut ties with her consulting / polling firm Global Strategy Group following its settlement yesterday with AG Andrew Cuomo in connection with the pay - to - play pension fund scandal.
Tacopina says he does not know what the charges are at this time, but believes they are in connection to the slush fund scandal.
Hiram Monserrate turned himself in to federal authorities in connection with the NYC Council slush fund scandal, a commission of his former legislative colleagues, which rarely takes action against one of its own, found reasonable cause to believe that he violated the Public Officers Law by setting up a legal defense fund and soliciting contributions from from individuals and entities that had business interests in his work as a senator.
Malaysia's sovereign fund scandal has exposed shortcomings in Goldman Sachs» post-crisis overhaul of its business practices.
After the 1MDB fund scandal, big shareholders may be keener to do a deal.
But it is unclear if investors are ready to look beyond the fund scandal.
Fidelity has added $ 29 billion in net assets since the fund scandals broke last year.
Cameron and his top team have now been through the heat of a Budget firestorm, with rows over VAT on pasties, the «granny tax», a political funding scandal and, most recently, a war over email snooping.
These include two politicians recently expelled from the Reform Party: Kristiina Ojuland, an incumbent MEP implicated by an electronic voting scandal and Silver Meikar, whose confessions triggered a major party funding scandal in 2012.
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