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Entries from Gothamist tagged with 'slushfund'

May 14, 2008

Since the heat is on the City Council's budget practices, specifically its use of slush funds and creating fake groups to collect money, Mayor Bloomberg released details about his own, uh, slush fund. Deputy Mayor Ed Skyler issued a memo noting reforms plus details of the Mayor's discretionary funds. Per the Daily Politics, it explained how "the mayor himself controls a pot of cash...for which Council members and borough presidents can apply during budget negotiations......

Continue Reading "More City Hall Slush, This Time From Mayor Bloomberg"

April 16, 2008

Two former staffers under City Council member Kendall Stewart were "arrested and charged on mail fraud and money laundering charges" from the U.S. Attorney's office, according to WNBC. Asquith Reid, Stewart's former chief of staff, and Joycinth Anderson are accused of misappropriating "hundreds of thousands of dollars of taxpayer funds for their personal gain." According to the indictment, $356,000 was put into the "Donna Reid Memorial Education Fund"--home address at Reid's house--in 2005. And money......

Continue Reading "Ex-City Council Staffers Arrested in Budget Scandal"

April 12, 2008

Embattled City Council Speaker Christine Quinn has decided to proceed through the ongoing city slush fund scandal with the guidance of a defense attorney. Federal and City investigators are looking into the allocation of millions of dollars of budget money to fictional organizations. That money was then funneled to private groups, who often kicked back funds in the form of campaign contributions. Council Speaker Quinn said that the practice dates back to before her tenure......

Continue Reading "Speaker Quinn Decides to Talk to a Lawyer"

April 5, 2008

In the wake of City Council Speaker Christine Quinn's admission that her finance staff allocated money to fake groups, details are emerging about where the now-resigned top finance staffers now. And it turns out former finance director Michael Keogh, managed to get a job with big lobbying firm Bolton James (here's his bio), which is where Emily Giske, a friend and supporter of Quinn, is a partner. A City Hall insider told the Daily News,......

Continue Reading "Ex-City Council Finance Staffer Works for Quinn's Pal"

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