Andrew Cuomo told reporters this morning that a private equity firm has agreed to pay $30 million and adopt a new code of conduct as part of the attorney general’s two-year-old probe of the state pension fund.
Cuomo announced the deal with Riverstone Holding LLC, and said that new code of conduct – which Read More
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 Read More
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 Read More
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 Read More
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 Read More
ALBANY—Attorney General Andrew Cuomo just completed a conference call announcing charges against Saul Meyer, a partner in Aldus Equity. Meyer is the latest person implicated in Cuomo’s ongoing probe of how the state's pension fund was used as a pay-to-play device Read More
Complaint against Saul Meyer
ALBANY—Attorney General Andrew Cuomo just completed a conference call announcing charges against Saul Meyer, a partner in Aldus Equity. Meyer is the latest person implicated in Cuomo’s ongoing probe of how the state’s pension fund was used as a pay-to-play device during the tenure of former comptroller Alan Hevesi.
Read More
For most of the country, news of the involvement of Barack Obama's recently named car czar in an alleged pay-to-play scandal has merely been surprising.
For New York's Democratic fund-raisers and bundlers, it was the day their rarified world fell off its axis.
"We are stunned," Read More
For most of the country, news of the involvement of Barack Obama’s recently named car czar in an alleged pay-to-play scandal has merely been surprising.
For New York’s Democratic fund-raisers and bundlers, it was the day their rarified world fell off its axis.
“We are stunned,” said one prominent Democratic donor.
Steven Read More
Former assemblyman Michael Cohen left his seat in 2005 and was replaced by the son of then-state comptroller Alan Hevesi, whose office’s alleged role in facilitating the job-swap now figures into an investigation into an alleged pay-to-play scheme.
Cohen was not a target in the indictment announced this morning by Attorney General Andrew Cuomo, Read More
