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Who Had the Better Week—Cuomo or Christie?

Friday, May 25, 2012

Both rock stars in their own right, both trying to right their states' ships, and both building serious momentum for a potential presidential run. Every Friday, we'll look at whose week will look better on a résumé come 2016.

Check out last week's results here.

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WNYC News

Pension Fund Chases Better Returns from NY’s Growing Startup Scene

Wednesday, May 09, 2012

In the race for tech startups, New York City no longer lags far behind Silicon Valley and Boston, but is a growing powerhouse of well-funded technology companies. Tech startups may also be getting a boost from State Comptroller Tom DiNapoli. Seeking better returns than the bond or stock markets can offer, as trustee of the New York State Common Retirement Fund, DiNapoli has amped up investments in local startups.

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WNYC News

City Pension Funds Earn Highest Returns in 13 Years, Comptroller Says

Tuesday, July 05, 2011

The city pension funds earned their highest returns in 13 years, according to New York City Comptroller John Liu said.

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The Brian Lehrer Show

All About Pensions: Investing the Public Funds

Thursday, March 17, 2011

WNYC News

Financial 411: Estonia joins the Eurozone; Steve Rattner settles & New Yorkers feel icy towards Mayor Bloomberg

Friday, December 31, 2010

WNYC

It's WNYC's Financial 411, our take on the economic news of the day...

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It's A Free Blog

Stucknation: Finance Fines and No-Fault Deals

Monday, November 29, 2010

We have yet to recover from the devastation wrought by the credit-default swap global caper. Now, we can look forward to sorting through the allegedly fraudulent robo-mortgage signings that helped "secure it." And stay tuned, for the perp walk generated by the latest insider trading probe that prosecutors say "may be the biggest yet."

Oh, joy.

The attentive observer might ask just how much of American "high finance" is actually a string of yet-to-be-discovered criminal conspiracies?

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WNYC News

Top Political Consultant Pleads Guilty to Pay-to-Play Scheme

Tuesday, November 23, 2010

Hank Morris, once one of New York's most powerful political consultants, pled guilty to a felony in connection with New York State pension fund scandal. Morris, the top political advisor to former State Comptroller Alan Hevesi, admitted in court that he "intentionally engaged in fraud and deception" when he helped shape the scheme to sell access to the state's multi-billion dollar public pension fund. 

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WNYC News

Morris Pleads Guilty to Felony Charge in State Pension Fund Scandal

Monday, November 22, 2010

Political consultant Hank Morris, once one of New York's most powerful political consultants, has pleaded guilty to a felony in connection with the New York State pension fund scandal. Morris admitted in court that he "intentionally engaged in fraud and deception," when he helped shape the scheme to sell access to the state's multi-billion dollar public pension fund.

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WNYC News

SEC Reaches Settlement Deal with Rattner while AG Cuomo Aggressively Pursues

Thursday, November 18, 2010

After years of working in lockstep on the blockbuster New York State pension scandal, the Securities and Exchange Commission and Attorney General Andrew Cuomo split over how to hold former auto czar Steven Rattner accountable for his alleged role in the scheme.

In his SEC settlement, Rattner will pay $6.2 million and accept a two-year ban from associating with investment advisors or broker dealers. But he admits no wrong doing. He must reapply to the SEC after his suspension.

Minutes after the SEC rolled out the details of their deal, Cuomo announced he was suing Rattner for $26 million and seeking to ban him for life from the securities business in New York.

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WNYC News

Political Advisor to Hevesi Pleads Guilty in State Pension Scandal

Thursday, November 04, 2010

A key figure in the scandal involving the New York State Pension system has agreed to plead guilty to a felony charge. Political consultant Hank Morris was accused last year of exploiting his relationship with former New York State Comptroller Alan Hevesi, to extract millions of dollars in kickbacks from financial firms seeking a role in handling pension fund investments.

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WNYC News

Reports Say Former Car Czar Has Reached a Settlement with SEC

Thursday, October 14, 2010

WNYC

According to reports from The New York Times, Steven Rattner, the man who oversaw the Obama Adminsistration's turnaround of the auto industry, has apparently reached a settlement with the Securities and Exchange Commission over his role in a large and long-standing pension fund kickback scheme.

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WQXR News

Hevesi Snagged in Pay-to-Play Scheme

Friday, October 08, 2010

In exchange for almost $1 million in campaign cash and other gifts, former New York State Comptroller Alan Hevesi admitted Thursday that he handed access to $250 million in state retiree funds to a California-based private equity firm.

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WNYC News

Pay-to-Play Timeline

Thursday, October 07, 2010

Former State Comptroller Alan Hevesi plead guilty today for accepting nearly $1 million in gifts and campaign contributions from a money manager who landed hundreds of millions of dollars worth of business from the state’s giant pension fund. Hevesi’s guilty plea marks the seventh in an ongoing investigation by Attorney General Andrew Cuomo into a “pay-to-play” scheme at the pension fund.

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WNYC News

Reports: Hevesi Expected To Plead Guilty in Pension Fund Investigation

Wednesday, September 29, 2010

WNYC

New York newspapers began reporting Tuesday that former state comptroller Alan Hevesi was going to plead guilty to a felony corruption charge. State Attorney General Andrew Cuomo, who is the Democratic candidate for governor, has refused to comment on the case, even though it is his office who has been investigating Hevesi.

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