Percoco was convicted on charges related to bribery and fraud as part of a broader case
involving economic development contracts and politically connected donors.
A spokesman for the governor, Rich Azzopardi, took issue with McGrath linking the scandal
involving economic development contracts to improperly influencing Cuomo through campaign contributions.
Not exact matches
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general
economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents
involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance
contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with
developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes
involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
By the end of today, the three biggest recipients of state
economic development building
contracts, plus the governor's Upstate nano - tech czar and SUNY Poly President, and one of the governor's closest aides will all be under federal or state indictment in a sprawling bribery and bid rigging scandal that
involves close to $ 2B in state -LSB-...]
By the end of today, the three biggest recipients of state
economic development building
contracts, plus the governor's Upstate nano - tech czar and SUNY Poly President, and one of the governor's closest aides will all be under federal or state indictment in a sprawling bribery and bid rigging scandal that
involves close to $ 2B in state funds.
The other scheme
involved a Syracuse - based developer that had received
contracts under Cuomo's
economic development programs.
Watchdogs say Governor Cuomo must work to restore public trust after scandal
involving $ 780 million in rigged
economic development contracts.
The aide, Joseph Percoco, was convicted of three felonies in March for running a bribery and extortion scheme
involving state
economic development contracts.
Berky, who recuses herself from all votes
involving RUPCO because she has done
contract work for the nonprofit, said that she believed the county had made a mistake in transferring the property to the Ulster County
Economic Development Agency for marketing and sale rather than putting it through the open bidding process normally required of county - owned properties.
Following the bid - rigging scandal
involving several upstate
economic development projects last fall, it is clear stronger protections on the procurement process are necessary.9 All state agencies, public authorities, and affiliates should be required to have competitive and transparent
contracting processes.
Administration officials have said that
contracts are vetted by various agencies, including the attorney general's office, the comptroller, federal transportation officials and regional
economic development councils that Cuomo created to
involve local officials and business leaders.
The other scheme
involved a Syracuse - based developer that had received
contracts under Governor Cuomo's
economic development programs.
The other scheme
involved a Syracuse based developer that had received
contracts under Governor Cuomo's
economic development programs.