The Morning Read: Thursday, July 17, 2008

Sheldon Silver and a top aide do not have to repay the state the more than $500,000 it took to settle a sexual assault case.

The Obama campaign raised $52 million in June.

Barack Obama is very popular among Iraqis, but many are concerned about his proposal to withdraw American troops.

For the first time, there’s an official value given to the company that Michael Bloomberg founded: $22.5 billion. The figure is based on a sale of part of the company’s interest, which is expected to be announced today.

The company selling its interest in Bloomberg, L.P., Merrill Lynch, is also announcing they’re not moving to Ground Zero.

The sale marks the end of Bloomberg’s relationship with one of his oldest clients.

The absence of a publicly traded minority partner could make it easier for Mr. Bloomberg to use his company as a vehicle for continued engagement in public policy, national issues, and the life of the city,” writes the New York Sun.

Expect Bloomberg’s ranking on Forbe’s list of richest people to go up.

Bloomberg’s former director of communications says there’s still “a question mark” on whether term-limits will be revised. Joe Mercurio thinks otherwise.

Turns out there was more of that tape of Jesse Jackson talking about Obama–later on, he used a racial epithet.

David Paterson, who has two residences upstate, says the landlord for his rent-stabilized apartment in Harlem could never question his primary residency. “I’m there every week,” he told The New York Times, adding, “[T]here was no way they would do anything like that.”

Charlie Rangel said his income would not be a factor in qualifying for rent stabilization. “My income would be none of your business, and I don’t know to what extent it’s the landlord’s business.”

The New York Post editorial board notes that Paterson received a hefty contribution from the dental lobby one day after signing a bill they favored.

Newsday’s editorial page said Paterson has a “mixed record” on labor.

The New York Sun’s editorial page thinks Paterson’s aides are paid too much.

Chuck Schumer, Anthony Weiner and Greg Meeks oppose Paterson’s effort to tax New Yorkers’ online purchases.

M.T.A. board members don’t want to limit their ability to make political contributions.

Joe Bruno’s pension might have been slightly reduced if he remained in office.

Bruno may go work for C.M.A. Consulting.

Chancellor Lloyd Constantine?

Randy Kuhl leads his Democratic challenger in fund-raising.

Rick Dollinger wants to debate Joe Robach.

Jon Corzine’s ex-girlfriend is under federal investigation.

A New Jersey mayor trashes Staten Island.

A conservative makes the case for Obama.

More hybrid taxis in New York.

The Queens Ledger
reports that someone from the E.D.C. said “things were getting convoluted” with the Willets Point plan.

The L.A. Times looks into Obama’s relationship with his mostly absent father–who had the same “charisma and eloquence.”

The Interior Department opened up 2.6 million acres of Alaskan land for energy exploration.

Federal highway funds have been dangerously depleted by high gas prices, which mean less tax revenue for the highway fund.

And Hillary Clinton finds a way to mesmerize the media.

The Morning Read: Thursday, July 17, 2008