David J. Loglisci, the former chief investment officer for New York’s pension fund, told a court of kickbacks.
Stephen P. Harbeck, the head of the Securities Investors Protection Corporation, has been criticized for failing to help the victims of feeder or pension funds lost in the Madoff Ponzi scheme.
The former head of a California venture capital fund has pleaded guilty to a felony charge of bribing four senior officials who managed New York State’s pension fund.
Lawmakers closed most of a $3.2. billion state budget deficit, scaled back pension benefits for new government employees and overhauled the public authority system.
City and union officials attributed the mistake to the Bank of New York Mellon, which said it would return the money and cover any resulting overdraft fees.
Raymond B. Harding, one of the last of New York’s political bosses, admitted that he had accepted more than $800,000 in exchange for doing favors for Alan G. Hevesi, the former state comptroller.
Raymond B. Harding, a former head of the Liberal Party, admitted accepting cash in exchange for doing favors for Alan G. Hevesi, the former state comptroller.
Comptroller William C. Thompson Jr., a candidate for mayor, collected over $500,000 from money managers.
Comptroller William C. Thompson Jr., a candidate for mayor, collected over $500,000 from money managers.