Skip to content

Citing McCall and Rattner, Paladino labels Cuomo “failed” AG a “selective prosecutor”; Firms targeted by AG to donate $150,000 to Andrew Cuomo’s campaign; Cuomo has a cozy, big money relationship with a “con artist” Farkas, and both are dirty

October 8, 2010

AND HE IS ABSOLUTELY RIGHT ! and why? we’ll tell you why – money favors and politics. It’s Albany and why Paladino needs to clean it up. They are all greasing each others palms, Mccall is backing Cuomo and he desperately needs the black vote McCall may deliver, Rattner is tied to Bloomberg and he too is of course backing Andy. NYC-Albany politics is pay to play and is a sesspool, period!

PALADINO LAUDS CUOMO ON HEVESI PROSECUTION
Citing McCall and Rattner, Paladino labels “failed” AG a “selective prosecutor”
October 8, 2010

(BUFFALO, NY) – Buffalo builder Carl Paladino, candidate for Governor of New York, today praised Attorney General Andrew Cuomo for his prosecution of former Comptroller Alan Hevesi but questioned why former Comptroller Carl McCall and Obama advisor Steve Rattner were not similarly prosecuted.

“I commend Andrew Cuomo for prosecuting Democrat Alan Hevesi,” said Paladino. “Former State Comptroller Carl McCall took a hefty fee for helping move State pension fund investments to his client, yet he never filed as a broker. Why has McCall not been prosecuted – did he get a pass in exchange for his endorsement of Cuomo?”

Obama advisor and big-time Democrat Party fundraiser Steve Rattner bribed a New York State pension fund official by slipping $88,000 to the official’s brother,” said Paladino. “In return for his bribe, Mr. Rattner received $75 million in state pension funds.”

“Why did Andrew let Rattner slip and only prosecute the brother?” Paladino asked.

Rattner also arranged a 1.1 million dollar fee to be paid to Hevesi advisor Henry “Hank” Morris. According to the Wall Street Journal, Rattner was the “senior executive” of the Securities and Exchange Commission complaint in the probe of the pension fund kickback scheme. Rattner’s employer Quadrangle Group later stated, “we wholly disavow the conduct engaged in by Steve Rattner… [His] conduct was inappropriate, wrong, and unethical.”

“Andrew Cuomo has shown a disturbing pattern of letting Democrat bigwigs like McCall and Rattner off the hook,” Paladino said. “Andrew’s not a prosecutor, he’s a selective prosecutor.”

“How can the failed chief prosecutor of the most corrupt state government in America believe he should be Governor?” Paladino asked. “The people of New York hired Andrew to shine a light on Albany’s rats and he failed.”

According to the New York Daily News, Cuomo also failed to shine the spotlight in familiar directions. His own cousin tried to help a client cash in on state pension fund business last year – a move made amid the Attorney General’s own probe of a pay-to-play scandal.

Lawyer Matthew Cuomo told the Daily news he was hired to gain access to Comptroller Thomas DiNapoli, despite having no background or certification in the securities industry. His face-to-face meeting marked one of the rare times last year that DiNapoli met with an investment-seeking company.

_______________________________________________________

Loopholes allowed firms targeted by AG to donate $150,000 to Andrew Cuomo’s campaign

BY Benjamin Lesser and Douglas Feiden
DAILY NEWS STAFF WRITERS

Sunday, August 15th 2010, 4:00 AM

Review has found Attorney General Andrew Cuomo has accepted more than $150,000 in contributions from donors targeted by his office. 

Review has found Attorney General Andrew Cuomo has accepted more than $150,000 in contributions from donors targeted by his office.
Cuomo used founder and chairman of Barnes & Noble Leonard Riggio's home for a fund-raiser, a $11,890 'in-kind' contribution. 

Cuomo used founder and chairman of Barnes & Noble Leonard Riggio’s home for a fund-raiser, a $11,890 ‘in-kind’ contribution.
$106,000 to Cuomo's campaign came from First American subsidiary president Steven Napolitano and an entity he controls.

$106,000 to Cuomo’s campaign came from First American subsidiary president Steven Napolitano and an entity he controls.
Attorney General Andrew Cuomo has accepted more than $150,000 in campaign contributions from donors whose firms were involved in ongoing or recent legal actions with his office, a Daily News review has found.

Cuomo, the front-runner in the race for governor, has said he wouldn’t take money from companies with pending or recently resolved cases.

His policy requires donors to vow that “neither I personally nor any entity which I own or control has any matter presently pending with the NYS Attorney General’s office or has had any matter resolved within the last 90 days.”

The News found the policy has loopholes that let spouses and subsidiaries of companies dealing with the AG to make donations.

Campaign spokesman Josh Vlasto said the donations did not violate Cuomo’s policy.

“It is wrong and misleading to suggest that a small number of our more than 7,000 donations show our rules do not go far enough … Every one of these few isolated instances meets all legal requirements,” he said.

“The real issue is not the campaign’s voluntary rules … but rather the entire campaign finance system, which is in desperate need of real reform.”

The cases are a tiny percentage of the $27 million in campaign contributions Cuomo has pulled in for November’s election. Still, critics say the apparent loopholes undermine Cuomo’s claims of high ethical standards.

“They need to be more vigilant,” said Susan Lerner, director of Common Cause of New York.

“Who is the arbiter in this? The campaign sets up what sounds like a sensible set of guidelines, but then somebody has got to apply them. There’s no court of higher appeal here. It’s whatever the campaign says.”

Records and interviews show:

FIRST AMERICAN FINANCIAL CORP.

On Nov. 1, 2007, Cuomo sued First American Corp. and one of its subsidiaries, eAppraiselT, for letting a bank pick appraisers who inflated values that increased market value of homes.

“The blatant actions of First American and eAppraiselT have contributed to the growing foreclosure crisis and turmoil in the housing market,” he said then.

Since then, Cuomo’s campaign received $136,000 from executives of another wholly owned First American subsidiary, First American Title Insurance Company of New York.

Ten checks came in between Jan. 13, 2009, and May 13, 2010, records show. Most of it – $106,000 – came from the subsidiary’s president, Steven Napolitano, and an entity he controls.

In 2004, Napolitano was a senior vice president when Cuomo’s predecessor, Eliot Spitzer, accused First American Title Insurance Co. of New York of offering illegal rebates.

_________________________________________________________

Cuomo has a cozy, big money relationship with a “con artist” Farkas, and both are dirty from it.

Carl Paladino, the Republican and Taxpayers candidate for Governor, Monday charged Andrew Cuomo with taking payoffs from notorious slumlord Andrew Farkas. In return, Cuomo allowed Farkas to avoid prosecution for kickbacks in HUD programs and permitted Farkas to go on milking taxpayer dollars while Cuomo was Secretary of Housing and Urban Development (HUD).

“When HUD official Cuomo first visited the Sierra Nevada Arms housing project managed by Farkas’ company Insignia Financial Services, he called the conditions “horrendous,” Paladino said. “It was later revealed that Insignia had paid $7.6 million in kickbacks to the pockets of the owners of several abysmal housing projects, using money that HUD had earmarked for maintenance of these projects – as Cuomo put it, providing “lives of luxury for con artists stealing from our programs.”

Cuomo called the case against Farkas “the largest ever brought by HUD” and denounced “the abysmal conditions” that he said tenants were forced to live with in the “poorly maintained” projects then managed by Farkas.

Paladino said Cuomo’s behavior raises serious questions. “When faced with this rampant corruption, why did Cuomo authorize an out-of-court settlement allowing Farkas to pay back $7.4 million – less than he stole? Why did Cuomo authorize a settlement in which Farkas didn’t admit any wrongdoing or pay any penalties for stealing from taxpayers?” Paladino asked. “Why was Farkas’ company not blacklisted by HUD, while others who participated in the kickback scam were barred from doing business with HUD?”

“More disturbing, why did Andrew Cuomo take $1.2 million from Farkas after leaving as HUD secretary?” asked Paladino. “Why has Andrew Cuomo accepted at least $800,000 in campaign contributions from a man he called a “con-artist?”

“By allowing slum lord Andrew Farkas to avoid prosecution, Cuomo’s decision permitted Farkas’ companies to sell their entire rental residential portfolio for $910 million. In 2003, after flaming out in his first run for governor, Andrew Cuomo “went to work” for Andrew Farkas, collecting more than $1.2 million in compensation, and even more in undisclosed payments for consulting to Abu Dhabi’s version of Fannie Mae, helping them make their mortgage business Sharia Law-compliant, an arrangement set up by Farkas,” Paladino said.

“How much was Andrew Cuomo paid for his alleged work in Dubai?” asked Paladino. “Why won’t he answer the question?”

“In this campaign, Farkas has personally given $50,000 to Cuomo and currently serves as Cuomo’s campaign Finance Chairman. Why would Andrew Cuomo have such a cozy relationship with a man he once said was “using HUD like a personal ATM?” asked Paladino. “There is a clear quid pro quo at play here, the worst kind of insider politics and exactly what we’ve come to expect from Andrew Cuomo.”

Advertisements

Comments are closed.

%d bloggers like this: