Monday, July 27, 2009

Follow the Pension Money: NY Magazine Hangs Morris, Rattner Richardson Not Involved?


Follow the Pension Money: NY Magazine Hangs Morris, Rattner Richardson Not Involved?

Let Morris Take the Fall In a long article New York Magazine makes Hank Morris the fall guy, who duped all these rich power Wall Street Moguls into hiring him in exchange for access to pension fund dollars. We all know in any organized crime operation it is the numbers runner that does the crime, not the ring leaders raking in the $$$. Want to buy a bridge? Steve Rattner or Governor Bill Richardson who got campaign contributions from pension funds owners to run for president are not written about once in the long article. Neither is the connection to other major Democratic fundraisers who operated like Morris. Just another example of the media protection of the rich and powerful and setting up a fall guy to take the hit. We always knew there was a reason for NY Magazine to keep publishing. It gone a long way from it ground breaking journalism ways, standing up for the working New Yorkers.

From New York Magazine
Rumpled political consultant Hank Morris had the bright idea of leveraging his connections to sell access to the state’s retirement funds. The scheme made him—along with an all-star cast of powerful New Yorkers—a lot of money. But it also may have made him a felon (Chris Smith)

What NY Magazine did not include: AP source: NY AG seeking settlement with Rattner *** What Happened to Steve Rattner?Newser - Michael Wolff *** A lot of fuss about a little film from QueensNY PROBE MAY HAVE STALLED RATTNER(NYP) *** Obama’s Chief Auto Adviser Steps Down (NYT) at a time when an investigation into his former Wall Street firm’s role in a scandal involving public pension funds has intensified *** President Obama's car czar Steven Rattner drives off under cloud (NYDN) *** Auto Czar Quits Post Six Months Into the Job (WSJ) *** ATTORNEY GENERAL CUOMO ANNOUNCES SWEEPING INDICTMENT IN PAY-TO ..., Indicted Alan Hevesi aide Hank Morris' shady dealings stretched ...Rattner Powerful Clients Protect Him from Criminal ChargesQuadrangle manages Mayor Bloomberg's $16 billion fortune while he is in office Steve Rattner the UntouchableNot in the NYT article is how Rattner is interconnced with the NYT and it ownerRattner: Toxic Conflict of Interest; Is the NYT at Risk? This is how the NYT tried to cover up and help his business and themselfs in the past Equity Firm in Spotlight Is Said to Win a Confidence Vote. By the way is Car Zar Rattner bailout of GMAC former financial arm a conflict of interest with his role in the NYT Mortage which is also was owned by GMAC?True News has been reporting about the Rattner's role in the nationwide pension scandal for months and the fact that the media has been protecting his role in the payoffs. Rattner even paid 80,000 to make a dumb movie called Cooch to a family member of someone who controlled who got New York pension funds NY PensionGate Explodes in New Mexico, Who's Afraid of Steve Rattner?, Carlyle Lies Nobody Listens, Gets Away With Pension Crimes, Whose Guarding the People's Pensions? COOCH? *** Pension Fund Scandal Expands: Rattner's Ties To Bill Richardson *** SEC Queries Los Angeles Fire, Police Pension Fund on Conflicts of ... *** Silobreaker: SEC Pension Probe Extended to L.A. Fund , Pay to Play? Firm Receives Government Contract after Donating to Bill Richardson. N.M. Investment Adviser Caught Up in N.Y. Scandal: Case focuses on ...,

Road to City Hall DON'T MESS WITH LADY JUSTICE TOUGH CROCKER SNYDER MAKES CASE FOR DA *** GOPER KALIKOW THROWS 'SWITCH' FOR CUOMO FORMER MTA Chairman Peter Kalikow, a major Republican fund-raiser and activist, is endorsing Democratic Attorney General Andrew Cuomo for governor *** So does his administration Among Democrats, Fear That Paterson Campaign Lacks Strategy and Fiscal Control *** Politicos wonder if Gillibrand or Maloney have star power for vaunted seat *** Spin press hit 22% of city restaurants go uninspected, controller says *** Wary of 2010 election NY Dems plot secret issues summit *** AG Cuomo probing Assemblywoman Carrozza over out of district mansion *** Spin DA hopeful Snyder doesn't get support of exonerated prisoner *** Why not 8 years ago might have saved lives Thompson finds hospital report 'extremely disturbing' *** Maloney Has No Friends (WNBC) *** Schumer is raking in campaign cash with which to help out favored Democratic candidates *** It not about issues but getting your name in the paper. In all his years in office De Blasio never talked out about Ballot access reform. He is being supported by Brooklyn County Leader Vito Lopez who uses the Tammany Hall controls of the Board of Elections to help his flock De Blasio Gets Mileage From Petition Snafu *** Barrett: Sharpton Scolds Maloney, and Naturally There's an Ulterior Motive *** Inside Bloomberg's Grassroots Effort

McLaughlin * Seminero * Martinez * Albany's Dysfunctionalism * Lobbyists * Tammay Hall Election Law * Incumbent Protection Yea NYT NY is not Ideal for Corruption In New Jersey, Ideal Conditions for Corruption (NYT) Pay to Play Israel likely to probe alleged money-laundering network (Jerusalem Post) *** Rabbi Israel Dwek denounces his son Shlomo accused of being fed informant; will sit Shiva


Failed Leadership and Management AXED BIZ: MTA OWES $137M The MTA should shell out up to $137 million in damages to Lockheed Martin for pulling the plug on its contract to install a post-9/11 surveillance system, the defense contractor charges *** CITY TAKING A BATH ON NEW MILK-DELIVERY DEAL *** A WALK IN THE 'PARK' BOGUS PERMITS WORK *** Housing Authority fails Belated Discovery of Body in Brooklyn Raises Questions *** Video exposes outrageous lies The mentally handicapped teen turned up at Kings County Hospital's psychiatric emergency room on a frigid Saturday just before Thanksgiving 2008. Then he disappeared - for six days *** PA Salaries Going Up, Ground Zero Going Nowhere *** How to Stop New York’s Meltdown Tax reform and a part-time legislature, among other ideas (WSJ) *** New York has lost senatorial star power, political observers ***Outside action committees could solve legislative ills


Education Politics MAYORAL CONTROL IS LATEST SHEL GAME Assembly Speaker Sheldon Silver yesterday refused to endorse state Senate changes to his chamber's legislation that would extend Mayor Bloomberg's control of the city's schools *** Not so fast: Sheldon Silver not signing off on schools vote *** CHUCK CHECK ON MALONEY SPEECH SITE *** SCHOOL MOVING DAZE PARENTS SLAM VANISHING ACTS It's almost September -- do you know where your child's school is? Education officials are playing a big game of musical schools this summer -- moving 91 schools It pays to triple cross State Senator Pedro Espada Jr. is expanding into adjacent Capitol offices Today Espada son goes on trial in the Bronx for assult of a reporter A Journalist Breaks Through City Hall's "Blue Wall of Silence" *** SEN. PEDRO ESPADA'S SON PLEADS GUILTY TO HARASSMENT CHARGE

Washington O'S WATCHDOG SNIFFING OUT RICH PAY PACKAGES *** Showroom Politics The House’s attempt to force car companies to restore dealerships is political pandering that could make Detroit’s long-shot recovery even harder (NYT Editorial) *** Pelosi Vows Passage of Health-Care Overhaul (Washington Post) *** SARAH'S WARNING: BE WARY OF BIG GOVTAKES SHOTS AT MEDIA *** Palin's Fiery Farewell *** With Act II Unwritten, Palin Can Define Role - Dan Balz, Washington Post *** Bush Spent Too Much, But Dems Are Worse - Las Vegas Review-Journal *** Sotomayor Merits Approval - USA Today *** Obama Setting the Agenda on Immigration - Los Angeles Times *** Bill Shows Earmarks Are Alive and Well - Wall Street Journal *** Interview with Secretary of State Hillary Clinton - Meet the Press


Wall Street Mess Of Banks and Bonuses It is a problem that the bonus-driven risk culture is reasserting itself now, while comprehensive reform may take until next year, if it occurs at all NYT Editorial) *** Bernanke 'Held Nose' Over Bailout *** Tenacious G Inside Goldman Sachs, America’s most successful, cynical, envied, despised, and (in its view, anyway) misunderstood engine of capitalism.

Health Care Reach of Subsidies Is Critical Issue for Health Plan *** An Incoherent Truth
On health care, the Blue Dogs aren’t making sense. The conservative Democrats can’t extract major concessions on the shape of health care reform without dooming the whole project (Krugman NYT) *** Lawmakers Seek to Curb Drug Commercials *** A Bid to Tax Health Plans of Executives *** The organization man How labor leader Dennis Rivera is craftily shaping Obamacare *** Cheaper Health Care Isn't Hopeless - Jonathan Cohn, The New Republic *** Hillary and the Health Care Debate - Mike Memoli, RealClearPolitics *** Health Care Debate Spills Into House Mailroom - Washington Post

National Stumbling Govs Signal Trouble for Dems - Michael Barone, DC Examiner

International Gates Says U.S. Overture to Iran is ‘Not Open-Ended’ *** Kurdish-Arab Divide Deepening *** Departures Suggest Turmoil Firing, resignation indicate further rifts within Iranian President Ahmadinejad's inner circle *** NO IRANIAN NUKES EVER... ***
Ahmadinejad's Cabinet in Chaos
*** Italy's Sex-for-Parliament Scandal *** A New China Diaologue - Hillary Clinton & Tim Geithner, Wall Street Journal *** The Iranian Opposition: Willing But How Able? (Time)


Media Nightline’ Is Thriving in Late Night *** Amazon Faces a Fight Over Its E-Books *** Clown of ‘Morning Joe’ Gets a Show of His Own *** NPR Moves to Rewire Its Approach to the Web *** As It Cuts Jobs, Gannett Also Cuts Severance Pay *** China web users outnumber entire US population...