MEMO TO ED COX AND THE NYGOP DRAFT SARAH PALIN FOR SENATOR

I call on Ed Cox and the NYGOP to draft Sarah Palin to run for Senator against "King Breakfast, Lunch & Dinner Schumer or "Queen" Gillibrand.

I for one would like her to run against "King" Breakfast, Lunch & Dinner Schumer, it would be the race of the century.

It is time to send "King" Breakfast, Lunch & Dinner Schumer packing.

VJ Machiavelli

LOOK MA DAVID LEUSCHEN PAYS 20 MILLION DOLLARS TO CUOMO TO SETTLE PENSIONGATE SCANDAL.

CUOMO SECURES AGREEMENT WITH RIVERSTONE FOUNDER DAVID LEUSCHEN TO PAY $20 MILLION IN RESTITUTION TO RESOLVE ROLE IN CONTINUING STATE PENSION FUND INVESTIGATION

Riverstone Previously Paid $30 Million in Restitution to the New York State Common Retirement Fund and Adopted Cuomo's Reform Code of Conduct

Cuomo Has Collected Over $100 Million through his Investigation

NEW YORK, NY (December 9, 2009) - Attorney General Andrew M. Cuomo today announced an agreement with David Leuschen, the founder of private equity firm Riverstone Holdings LLC (“Riverstone”), to resolve Leuschen’s role in Cuomo’s investigation of corruption involving the New York State Common Retirement Fund (“the CRF”). Under the terms of today’s agreement, Leuschen will pay $20 million in restitution for the benefit of the CRF. With this agreement, Cuomo’s investigation has collected over $100 million for the retirement fund and the state.

“It is important that both firms and individuals be held accountable for conduct that jeopardized the integrity of the New York State Common Retirement Fund,” said Attorney General Cuomo. “To date we have collected over $100 million through this investigation for the retirement fund and the state. As these sums return value to the state pension fund, we continue to pursue the critical reforms that are necessary to prevent such rampant abuse from again corrupting the pension system.”

The Attorney General’s investigation revealed that after the CRF invested $150,000,000 in a joint venture between the Carlyle Group (“Carlyle”) and Riverstone, Leuschen made an “investment” of $100,000 in Chooch, a film produced by the brother of then Chief Investment Officer to Comptroller Hevesi, David Loglisci. Carlyle was unaware of that investment and the investment was not disclosed to the CRF. Riverstone employees also made approximately $40,000 in campaign contributions to Comptroller Hevesi’s campaign in 2004.

Beginning in 2003, Riverstone was a joint venture partner with Carlyle on three investment deals with the CRF. Carlyle/Riverstone retained Searle, a company associated with Henry (“Hank”) Morris, the chief political aide to then Comptroller Alan Hevesi, as a placement agent to help obtain investments from the CRF. Prior to retaining Searle, the companies had experienced limited success in obtaining investments from the CRF. However, after retaining Searle, they obtained approximately $530,000,000 in total investment commitments from the CRF in Carlyle/Riverstone funds. In exchange, Carlyle paid Searle over $10,600,000. Searle then paid the lion’s share of placement fees received from Carlyle to PB Placement, LLC, a shell company controlled by Morris. Unbeknownst to Carlyle, Morris had allegedly entered into a fee-splitting arrangement to pay hedge fund manager Barrett Wissman half of all these fees. The investment commitments made by the CRF and the related fees paid to Searle and others included:

• A $150,000,000 commitment to Carlyle/Riverstone Global Energy & Power Fund II, L.P. made in November of 2003 for which Searle was paid $3,000,000 in fees, $1,425,000 of which went to PB Placement and $1,500,000 of which went to Wissman;
• A $350,000,000 commitment to Carlyle/Riverstone Global Energy & Power Fund III, L.P. made in October of 2005 for which Searle was paid $7,000,000 in fees, $3,325,000 of which went to PB Placement and $3,500,000 of which went to Wissman; and
• A $30,000,000 commitment to Carlyle/Riverstone Renewable Energy Infrastructure Fund I, L.P. through CRF’s fund-of-fund, The Hudson River Fund II, L.P. made in December of 2005 for which Searle received $600,000 in fees, $285,000 of which went to PB Placement and $300,000 of which went to Wissman.

These investments are alleged as the basis for Martin Act and other charges in the 123-count indictment returned by the grand jury and filed by Cuomo’s office in March against Morris and Loglisci.

In June 2009, Riverstone became the second company to sign on to Cuomo’s Public Pension Fund Reform Code of Conduct and paid $30 million in restitution to the CRF. Carlyle signed onto the code in May 2009 and paid $20 million to the State of New York to resolve its role in the Attorney General’s ongoing investigation. Leuschen’s payment brings to $70 million the total amount collected by Attorney General Cuomo on the Carlyle/Riverstone investments.

Riverstone is an energy and power-focused private equity firm founded in 2000. It has approximately $17 billion under management across six investment funds. Riverstone conducts buyout and growth capital investments in the midstream, exploration and production, oilfield services, power, and renewable sectors of the energy industry. With offices in New York, London, and Houston, the firm has committed more than $11.5 billion to 59 investments in North America, Latin America, Europe, and Asia.

Riverstone founders said, “Riverstone and its founders are pleased to have resolved all issues with the New York Attorney General with respect to its investigation of fundraising activities at the New York Common Retirement Fund. From the outset, we have cooperated fully with this investigation and we remain extremely proud of our track record of providing outstanding investment returns for the CRF and our other partners. We continue to support the efforts of the New York Attorney General and his staff to level the fundraising playing field for all parties involved.”

Riverstone previously signed the Attorney General’s Public Pension Fund Reform Code of Conduct, which:

• Bans Placement Agents: Investment firms are prohibited from using Placement Agents, Lobbyists, or any other third-party intermediary to communicate or interact with Public Pension Funds for any purpose. The prohibition does not apply to the use of consultants and investment banks to otherwise directly assist investment firms by, for example, preparing marketing materials or performing due diligence;
• Bans “Pay to Play”: Prohibits investment firms (and their principals, agents, employees and family members) from doing business with a public pension fund for two years after the firm makes a campaign contribution to any elected or appointed official who can influence a public pension fund's investment decisions. The prohibition also applies to candidates for such positions, but does not apply to contributions of $300.00 or less to elected officials or candidates for whom the person making the contribution can vote;
• Increases Transparency: Requires rigorous, ongoing disclosure of information relating to campaign contributions, the identities, responsibilities and qualifications of investment fund personnel and any payments by investment firms to third-parties in connection with public pension fund matters. Also requires investment firms to promptly publish such information on their websites;
• Imposes Higher Standard of Conduct: Holds investment firms to a higher, standard of conduct that avoids even the appearance of impropriety. The Code prohibits (1) improper relationships between pension fund officials and an investment firm's personnel or agents, (2) “revolving door” employment by investment firms of former public pension fund officials and employees, and (3) improper gifts by investment firms to public pension fund employees and officials;
• Enhances Conflicts of Interest Policies: Investment firms are required to promptly disclose and cure any actual, potential and apparent conflicts of interest to public pension fund officials or law enforcement authorities where appropriate;
• Ensures Ongoing Compliance: Investment firms must certify annually to the Office of the Attorney General (and any public pension fund that asks) that they are in compliance with the Code of Conduct. Violations of the Code constitute grounds for either termination of an existing investment, disqualification from doing further business with the public pension fund for up to ten years, or both.

Today’s announcement arises from a two-year, ongoing investigation into corruption involving the New York State Comptroller’s Office and the Fund. The charges to date allege a complex criminal scheme involving numerous individuals operating at the highest political and governmental levels under former Comptroller Alan Hevesi, in which the New York state pension fund was used as a piggy bank for the Comptroller’s chief political aide and a favor bank for political allies and other friends.

Attorney General Cuomo’s investigation into corruption at the CRF has led to a number of criminal charges to date, including charges against Morris and Loglisci, former Liberal Party Chair Ray Harding, and investment advisor Saul Meyer. Meyer, Harding, Barrett Wissman, and Julio Ramirez, an unlicensed placement agent, have pled guilty to Martin Act securities fraud charges, and Elliott Broidy, a founder of Markstone Capital Group LLC, pled guilty to rewarding official misconduct, all for conduct related to the pension fund. Morris and Loglisci are presumed innocent until they are proven guilty in court.

Cuomo also issued subpoenas in May to over 100 investment firms and agents after his investigation found that 40 to 50 percent of agents obtaining investments from New York pension funds were unregistered.

Earlier this year, Cuomo announced his Public Pension Fund Reform Code of Conduct, which would eliminate pay to play in state public pension funds. To date, seven firms have signed onto the Code: The Carlyle Group, Riverstone Holdings, Pacific Corporate Group, HM Capital, Falconhead Capital, Levine Leichtman Capital Partners, and Access Capital Partners. These firms collectively have agreed to return nearly $60 million associated with New York State Common Retirement Fund investments; these funds will principally be provided to the CRF for the benefit of the pension holders.

In July, the United States Securities & Exchange Commission proposed new pay-to-play rules that would institutionalize Cuomo’s Code of Conduct nationwide.

The investigation was conducted by Deputy Chief of the Public Integrity Bureau Stacy Aronowitz and Assistant Attorneys General Emily Bradford, Rachel Doft, Noah Falk, and Amy Tully, under the supervision of Special Deputy Attorney General for Public Integrity Ellen Nachtigall Biben and Special Counsel Linda A. Lacewell.

Riverstone Founder Pays $20 Million in Pension Case

New York Times - ‎

Attorney General Andrew M. Cuomo of New York said Wednesday that David Leuschen, the founder of Riverstone Holdings, had agreed to pay $20 million in ...

Private equity firm owner agrees to pay $20 million settlement

Legal News Line - Nick Rees - ‎

Under terms of the agreement, David Leuschen, founder of Riverstone Holdings, LLC, will pay $20 million to resolve allegations about his role in the scheme. ...

Riverstone founder to pay $20 million to NY state fund

Pensions & Investments - Barry B. Burr - ‎

New York State Common Retirement Fund, Albany, will receive $20 million from David Leuschen, co-founder and senior managing director of ...

Investment exec to pay $20M in NY pension scandal

Elmira Star-Gazette - ‎

The settlement will allow David Leuschen, founder of the private equity firm Riverstone Holdings, to avoid any further legal problems in the investigation, ...

Leuschen to Pay $20 Million to Resolve Pension Probe

Bloomberg - Karen Freifeld - ‎

9 (Bloomberg) -- David Leuschen, founder of the private-equity firm Riverstone Holdings LLC, agreed to pay $20 million to resolve his role in an ...

Riverstone exec pays $20 mln in pension probe-NY AG

Reuters - Joan Gralla, Theodore d'Afflisio - ‎

NEW YORK, Dec 9 (Reuters) - The founder of private equity firm Riverstone Holdings LLC, David Leuschen, will pay $20 million in restitution ...

$100K investment in movie, 'Chooch,' costs financial firm head $20M in pension ...

New York Daily News - Kenneth Lovett - ‎

After the pension fund committed $150 million to a joint venture between Riverstone and The Carlyle Group, Leuschen is said to have invested $100000 in the ...

Riverstone Co-Founder to Pay $20 Million in Pay-to-Play Probe

Wall Street Journal - Chad Bray - ‎

New York Attorney General Andrew Cuomo said Wednesday that Riverstone Holdings LLC co-founder David M. Leuschen has agreed to pay $20 million ...

Investment exec to pay $20M in NY pension scandal

The Associated Press - ‎

Attorney General Andrew Cuomo said Wednesday that the settlement will allow Riverstone Holdings founder David Leuschen (LOO'-shehn) to avoid further legal ...

Banker Reveals Bribes In Pension Fund Probe

Western Queens Gazette - John Toscano - ‎

Alan Hevesi For the first time since New York state Attorney General Andrew Cuomo started looking into possible irregularities concerning ...

===================================================

Pensiongate bigger than watergate and with a cast of very rich and powerful Democrats and a Republican or too for balance.

One by one they settle who will be NEXT ??

VJ Machiavelli

LOOK MA CUOMO BAGS ELLIOTT BROIDY- WHO WILL BE NEXT IN THE PENSIONGATE SCANDAL ?

* * *

CUOMO ANNOUNCES GUILTY PLEA BY FOUNDER OF PRIVATE EQUITY FIRM IN CONTINUING INVESTIGATION OF PAY-TO-PLAY KICKBACK SCHEME AT STATE PENSION FUND

Elliott Broidy Pleads Guilty to Felony Charge of Rewarding Official Misconduct Through Gifts of Nearly a Million Dollars For $250 Million Investment in Markstone

Gifts Included Payments to an Official’s Friends, a Sham Consulting Contract, Luxury Travel Expenses in Israel for Officials and Family Members, and a Concealed Payment to the Loglisci Brothers’ Movie, “Chooch”

NEW YORK, N.Y. (December 3, 2009) — Attorney General Andrew M. Cuomo today announced a felony guilty plea by Elliott Broidy, a founder and Chairman of Markstone Capital Group LLC, for his involvement in a pay-to-play kickback scheme at the Office of the New York State Comptroller (“OSC”).

Broidy acknowledged paying nearly one million dollars in gifts for the benefit of OSC officials to obtain a $250 million investment from the New York State Common Retirement Fund (“CRF”) in Markstone Capital Partners, L.P. (the “Markstone Fund”). Broidy pleaded guilty to a felony charge of rewarding official misconduct and will cooperate in the Attorney General’s ongoing investigation. Broidy will also forfeit $18 million in connection with his plea.

Today’s announcement arises from a two-year, ongoing investigation into corruption involving the OSC and the CRF. The charges to date allege a complex criminal scheme involving numerous individuals operating at the highest political and governmental levels under former Comptroller Alan Hevesi, in which the State pension fund was used as a piggy bank for the Comptroller’s chief political aide and a favor bank for political allies and other friends.

“Broidy paid nearly a million dollars in bribes to get a quarter billion dollar investment. For Broidy, this was a small price to pay. For New York taxpayers, the harm is incalculable,” said Attorney General Cuomo. “Corruption corrodes the integrity of the pension system and the public’s trust in government. That is too high a price to bear.”

Markstone is a private equity firm headquartered in Los Angeles, California with an office in Israel. The Markstone Fund focuses on corporate buyout investments in privately held companies in Israel.
Broidy resigned from his management role in Markstone on December 1, 2009. Broidy was also a trustee of the Los Angeles Fire and Police Pension fund from 2002 until he resigned in May 2009.

In his allocution to the Court, Broidy acknowledged making a series of payments to help induce and then increase the CRF’s investment in the Markstone Fund. The CRF ultimately committed $250 million to the Markstone Fund and paid over $18 million in management fees to Markstone. Broidy acknowledged that he had an agreement or understanding with certain high-ranking OSC officials: in exchange for certain benefits from Broidy, the OSC officials would exercise their judgment or discretion to benefit Markstone. Broidy acknowledged the following illicit arrangements:

● Broidy funneled $300,000 to “Chooch,” a movie produced by
brothers of David Loglisci, the Chief Investment Officer at OSC under Hevesi. To hide the payments, Broidy made them through a friend, with the understanding that Broidy would reimburse him, which Broidy did.

● Broidy entered into a sham consulting agreement with a family
member of a senior OSC official. Broidy paid more than $380,000 to the consultant over a period of more than two years.

● Broidy paid over $90,000 to the girlfriend of a high-ranking OSC
official from April 2004 through October 2005. The payments were used to cover the girlfriend’s living expenses and rent. Broidy also covered the girlfriend’s hospital bills. Broidy also agreed to pay $5,500 a month to a relative of the girlfriend beginning in October 2003, for a total of $44,000. These payments were concealed through a sham loan agreement between Broidy and the relative.

● In connection with the CRF’s investment in the Markstone Fund,
Broidy traveled to Israel with a very high-ranking OSC official on at least five occasions and on one occasion to Italy. Relatives of the OSC official were present on some of the trips. Broidy subsidized these trips, paying for accommodations and services for the OSC official, the relatives, and Loglisci. Broidy paid at least $75,000 for first class airfare, luxury hotel suites, a car and driver, a helicopter tour, and security detail on these trips. To conceal these payments, Broidy financed these expenses through charities and caused false invoices to be submitted to the OSC.

Broidy pleaded guilty before Justice Bart Stone in the State Supreme Court, New York County, Part 31, and was released on his own recognizance with travel restrictions. Broidy faces a possible sentence of up to 4 years in prison for the charge of rewarding official misconduct, a Class E felony.

Attorney General Cuomo’s investigation into corruption at the CRF has led to a number of criminal charges to date, including charges against Morris and Loglisci, former Liberal Party Chair Ray Harding, and investment advisor Saul Meyer. Meyer, Harding, hedge fund manager Barrett Wissman, and Julio Ramirez, an unlicensed placement agent, have pled guilty to Martin Act securities fraud charges for conduct related to the pension fund. Morris and Loglisci are presumed innocent until they are proven guilty in court.

Cuomo also issued subpoenas in May to over 100 investment firms and agents after his investigation found that 40 to 50 percent of agents obtaining investments from New York pension funds were unregistered.

Earlier this year, Cuomo announced his Public Pension Fund Reform Code of Conduct, which would eliminate pay to play in state public pension funds. To date, seven firms have signed onto the Code: The Carlyle Group, Riverstone Holdings, Pacific Corporate Group, HM Capital, Falconhead Capital, Levine Leichtman Capital Partners, and Access Capital Partners. These firms collectively have agreed to return nearly $60 million associated with New York State Common Retirement Fund investments; these funds will principally be provided to the CRF for the benefit of the pension holders.

In July, the United States Securities & Exchange Commission proposed new pay-to-play rules that would institutionalize Cuomo’s Code of Conduct nationwide.

The investigation was conducted by Stacy Aronowitz, Deputy Chief of the Public Integrity Bureau, and Assistant Attorneys General Emily Bradford, Rachel Doft, Noah Falk, and Amy Tully, under the supervision of Ellen Nachtigall Biben, Special Deputy Attorney General for Public Integrity, and Linda A. Lacewell, Special Counsel.

=============================================

BRIEF: Investor pleads guilty in pension fund bribe case

American Chronicle - Rick Karlin - ‎

... overseas trips -- the state pension fund, which is controlled by the comptroller, invested $250 million in Elliot Broidy's Markstone Capital Group fund.

Fla GOP donor pleads guilty in New York bribery scheme

Tampabay.com - ‎

A prominent California money manager and Republican fundraiser who gave $30000 to the Florida Republican Party in 2002 and 2006, Elliott Broidy today ...

Exec paid for Hevesi with $75000 vacations: source

New York Post - Fredric U. Dicker - ‎

... took the trips at the invitation of Elliott Broidy, chairman of Markstone Capital Partners, an investment firm that eventually gained the right to ...

Business Highlights

WBOC TV 16 - ‎

Markstone Capital Partners chairman Elliott Broidy entered the plea in a Manhattan courtroom Thursday morning. He admitted to a felony charge of rewarding ...

LA philanthropist Broidy pleads guilty

The Jewish Journal of greater L.A - Tom Tugend - ‎

Elliott Broidy, a leading investor in the Israeli economy and major donor and activist in the Los Angeles Jewish community, pleaded guilty Thursday to the ...

Business Highlights

Forbes - ‎

Markstone Capital Partners chairman Elliott Broidy entered the plea in a Manhattan courtroom Thursday morning. He admitted to a felony charge of rewarding ...

Ex-Controller Alan Hevesi and actress Peggy Lipton caught up in huge pension ...

New York Daily News - Kenneth Lovett - ‎

Elliott Broidy, the former chairman of Markstone Capital Partners, pleaded guilty Thursday to a felony charge of rewarding official ...

Business Highlights

The Associated Press - ‎

Markstone Capital Partners chairman Elliott Broidy entered the plea in a Manhattan courtroom Thursday morning. He admitted to a felony charge of rewarding ...

CMCSA

Markstone's Broidy Guilty of Making Illegal Payments

Bloomberg - Karen Freifeld, Linda Sandler - ‎

3 (Bloomberg) -- Elliott Broidy, founder of Markstone Capital Partners, pleaded guilty to making almost $1 million in illegal payments to obtain favors from ...

Exec pleads guilty to bribing NY pension officials

The Associated Press - David B. Caruso - ‎

Markstone Capital Partners chairman Elliott Broidy made an unannounced appearance in a Manhattan courtroom to admit to a felony charge of rewarding official ...

ATTORNEY GENERAL: New York State Officials Took Payoffs from Equity Fund

ABC News - Ayana Harry - ‎

Elliott Broidy, Chairman of Markstone Capital Partners, pleaded guilty in a Manhattan court today to a million dollar pay-to-play scheme ...

Elliot Broidy Pleads Guilty to Bribing Pension Officials

TransWorldNews (press release) - ‎

California venture capitalist Elliott Broidy plead guilty to charges that he ensured his company land a quarter-billion dollar deal with New York's pension ...

Broidy Subsidized Trips With Hevesi

Wall Street Journal - Craig Karmin, Peter Lattman - ‎

Elliott Broidy, who pleaded guilty Thursday in the New York Attorney General's pay-to-play probe, subsidized trips to ...

Pension Payola Scandal

Curbed (blog) - ‎The bigger story has to do with Los Angeles venture capitalist Elliott Broidy's admission today that he bribed New York state officials in return for ...

Former Markstone Capital chairman Broidy pleads guilty to bribery

Pensions & Investments - Christine Williamson - ‎

Private equity manager Elliott Broidy today pleaded guilty in New York State Supreme Court to a felony charge that he paid about $1 ...

Broidy Pleads Guilty in Pay-to-Play Probe

Wall Street Journal (blog) - Craig Karmin - ‎

Elliott Broidy, a California money manager and Republican fundraiser, admitted that he made nearly $1 million in payoffs to four senior New ...

Exec pleads guilty to bribing NY pension officials

The Associated Press - David B. Caruso - ‎

Markstone Capital Partners chairman Elliott Broidy entered the plea in a Manhattan courtroom Thursday morning. He admitted to a felony charge of rewarding ...

Cuomo: Still 'Systemic Corruption Issues' in Comptroller's Office

New York Observer - Jimmy Vielkind - ‎

Cuomo said Elliott Broidy, paid gifts--including luxury travel and a girlfriend's hospital bills--totaling $1 million between 2002 and 2006 in order to ...

Management Change at Markstone Capital Group LLC - Elliott Broidy Has Resigned ...

PR Newswire (press release) - ‎

3 /PRNewswire/ -- Markstone Capital announced today that Elliott Broidy has resigned as Chairman of Markstone Capital (US and Israel) and from any ...

New York Pension Fund Investigation Takes New Turn

Benzinga - Ed Liston - ‎

Elliott Broidy, , chairman of Markstone Capital Partners of Los Angeles and a prominent GOP fund-raiser, is currently under investigation for his investment ...

Suspect in Widening NY Pay-to-Play Scandal Pleads Guilty

NBC New York - Alice Mcquillan - ‎

... among the bribes paid by Elliott Broidy of Markstone Capital Partners in exchange for $250 million in pension fund business, AG Andrew Cuomo said today. ...

Here's the Release on Broidy's Guilty Plea in Pay-to-Play Probe

Wall Street Journal (blog) - Stephen Grocer - ‎

Elliott Broidy, a California money manager and Republican fundraiser, pleaded guilty on Thursday to the felony charge of rewarding ...

Markstone head pleads guilty in NY pension probe

Reuters - Joan Gralla, Leslie Adler - ‎

Elliott Broidy, chairman of Markstone Capital Partners, paid nearly $1 million in gifts to four officials in the New York State comptroller's office and was ...

Cuomo: Financier Broidy Admits Paying Bribes for Pension Fund Investments

Village Voice - Elizabeth Dwoskin - ‎

In exchange for these bribes, Elliott Broidy (pictured), founder of Markstone Capital Group, was able to secure a quarter of a billion dollars in ...

Pension executive pleads guilty in New York corruption case

Los Angeles Times - Marc Lifsher, David Zahniser - ‎

Elliott Broidy, chairman of LA-based Markstone Capital, admits to bribing state officials to win business. He agrees to forfeit $18 million and faces up to ...

Andrew Cuomo Gets Another New York Pension Scandal Confession

The Business Insider - ‎

New York Attorney General Andrew Cuomo today announced private equity big shot Elliott Broidy plead guilty for his involvement in a pay-to-play kickback ...

Banker Elliott Broidy pleads guilty to bribing ex-Alan Hevesi aides in $250M ...

New York Daily News - Kenneth Lovett -

Elliott Broidy pleaded guilty to bribing four senior officials under former Controller Alan Hevesi to get $250 million in pension fund ...

Muck tracker - Broidy pleads guilty in pension fund case

Muckety - ‎

By Muckety Markstone Capital Partners Chairman Elliot Broidy pleaded guilty Thursday to charges in the New York state pension fund investigation, ...

Markstone Chief Pleads Guilty in Pension Probe

Los Angeles Business Journal - ‎

Elliot Broidy, founder and chairman of Los Angeles' Markstone Capital Partners, pleaded guilty Thursday in New York state court in Manhattan to “rewarding ...

Money Manager Pleads Guilty To Pay-for-play Charge

FOXBusiness - Wallace Witkowski - ‎

SAN FRANCISCO -- Money manager Elliott Broidy, the founder and chairman of Markstone Capital Group LLC, pleaded guilty to a felony ...

apnewsbreak: Exec enters plea in NY pension probe

The Associated Press - David B. Caruso - ‎

Markstone Capital Partners chairman Elliott Broidy entered the plea in a Manhattan courtroom Thursday morning. He admitted to a felony charge of rewarding ...

Pay-to-play in NY & LA?

LA Observed (blog) - ‎

Elliott Broidy's problems seem to be getting bigger. WSJ reports that the NY attorney general's office is looking into Broidy funneling $300000 to an ...

Deals of the Day: GE, Comcast Finally Announce NBCU Deal

Wall Street Journal (blog) - Stephen Grocer - ‎

[WSJ] Pay-to-play: New York's pay-to-play investigation is focusing on activities of California venture capitalist Elliott Broidy. ...

CMCSA

The Morning Leverage: How Blackstone Group Is Like Pink

Wall Street Journal (blog) - Jennifer Rossa - ‎

Elliott Broidy, one subject of a Securities and Exchange Commission probe of pay-to-play, is also being looked at by the New York attorney general. ...

Pay-to-Play Probe Turns to Venture Capitalist

Wall Street Journal - Craig Karmin -

Elliott Broidy, chairman of Markstone Capital Partners of Los Angeles and a prominent GOP fund-raiser, is being investigated for a $300000 investment in a ...

Ex-pension chief rented from company seeking funds

Los Angeles Times - David Zahniser - ‎Nov 22, 2009

CIM Group is an investor in a fund managed by former Fire and Police Pensions board member Elliott Broidy, who voted in 2007 to invest $30 million in a CIM ...

Reddock withdraws nomination to Los Angeles pension board

Los Angeles Times - ‎Nov 20, 2009‎

The Times reported today that former board member Elliott Broidy voted to invest $30 million in 2007 in a fund managed by CIM Group, a company that had ...

Pension board member directed funds to a firm with ties to his, documents show

Los Angeles Times - David Zahniser - ‎Nov 19, 2009‎

Three years after a real estate firm invested in his company, Elliott Broidy voted with fellow panel members to place up to $30 million with the fund. ...

Editorial: Are CalPERS' hands clean?

Los Angeles Times - ‎Nov 15, 2009‎

Board President Sean Harrigan and member Elliott Broidy stepped down after receiving letters from the SEC asking them to turn over correspondence they had ...

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Who will be next that is the question on the mind of "King" Breakfast, Lunch & Dinner Schumer's "BRAIN" Hank Morris and his sidekick David Loglisci, not to mention all those who have been under investigation from Sunny California to New Mexico the land of enchantment to the shores of the Hamptons, and all points in between.

Pensiongate bigger than watergate with a cast of very very rich Democrats and a Republican or to for balance.

VJ Machiavelli