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March 19, 2009

Shock: Top Schumer Consultant Indicted for Pension Fraud

123 counts:

Hank Morris and David Loglisci were arrested and arraigned this morning in a Manhattan court on 123 counts of enterprise corruption and other felonies.

Prosecutors allege the two engaged in a three-year criminal enterprise to pocket more than $35 million in middleman fees.

They are the first to be charged in a case that took nearly two years to uncover.

State Attorney General Andrew Cuomo's office investigated whether financial firms were using politically-connected consultants in an effort to get business with the state pension fund.

You can't even keep up with it anymore. Even our patriotic statesmen in Congress share Obama's feeling of being overwhelmed. Regarding the news that 13 firms receiving bailout money owe back taxes...

"This is shameful. It is a disgrace," said Lewis, a Georgia Democrat. "We are going to get to the bottom of what is going on here."

By all means let's continue rushing huge trillion-dollar measures through Congress without debate. We can always "get to the bottom of what is going on here" later.


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posted by Ace at 01:51 PM

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