Present today at the behind-the-scenes powwow that included Assembly Speaker Vincent Prieto and Assembly Majority Leader Lou Greenwald, Assemblyman Ralph Caputo said based on what he heard he does not believe Prieto is pushing for bankruptcy as an option for Atlantic City and said everything he heard from Prieto suggested that the speaker wants to avert that unfortunate outcome.
“He wants to find a middle ground,” said Caputo, chair of the Assembly Gaming Committee. “Bankruptcy was not mentioned as a goal. No one is pushing for bankruptcy. We had a very cordial meeting I don’t think Prieto is the problem here, but they are putting a spin on this that Prieto is the problem. The facts are that this was not the primary push of Prieto at the meeting.”
In the aftermath of backroom talks, Assembly Majority Leader Lou Greenwald (D-6) jabbed at Prieto, whom he said told reporters that “bankruptcy is an option.”
Caputo maintains that the majority leader took Prieto’s words of context.
“We are actively working toward a compromise,” the Nutley Assemblyman said. “What are we wasting our time about? Prieto is not the roadblock. He wants to protect collective bargaining, but he is trying to find compromise with the senate president on a solution for Atlantic City.”