Wednesday, December 09, 2009

Yet Another Republican Bites The Dust

From the Village Voice...

Jack Chartier, the chief of staff to the New York state comptroller with influence over billions in state pension funds, fell hard for aging actress Peggy Lipton (Mod Squad).

Since Chartier, 64, started confessing to Attorney General Andrew Cuomo's investigators about how he abused his office in order to better impress Lipton, at least five powerful figures have been forced to plead guilty to crimes involving the pension fund. Those admitting felonies so far include the former leader of the state's Liberal Party, a Texas hedge-fund manager, a hugely successful investment adviser, and a pension fund broker.

The latest victim is the biggest catch yet: Elliott Broidy, 52, is the former national finance committee chairman of the Republican National Committee and a personal friend of George W. Bush. Broidy was such a generous and prolific giver that he qualified as a "Super Ranger" on Bush's fundraising team, a designation for those ponying up $300,000-plus.
...
All told, according to Broidy's own confession last week to Manhattan Supreme Court Justice Lewis Bart Stone, he paid some $1 million to help grease the way for a quarter-billion-dollar state investment into his Markstone Capital Group.
...
As Broidy told the judge, all of these payments were made in pursuit of the end goal of persuading top officials in the comptroller's office to violate their sworn fiduciary duty as protectors of the immense $116 billion state pension funds.
Whenever this happens to a Republican, I always remember their holier-than-thou political positions - good followers of Republican Jesus.
---

No comments: