SENATE Minority Leader Malcolm Smith told a conclave of lobbyists in Kingston last week that their clients would be shut out of a Democrat-controlled Senate in January if they didn't pony up large contributions now, a "shocked" longtime lobbyist has told The Post.
ALBANY $QUEEZE PLAY
"The whole thing was incredible. Malcolm got up there and thanked everyone for coming and told them we should think of his fund-raising event as being like an IPO, an initial public offering.
"He said we should get in early because then it doesn't cost as much. The longer you wait to get in, he said, the more it will cost you and if you don't get in at all, then it will be painful after November, after the Democrats win the majority," the lobbyist continued.
"Then he referred to [Bronx state Sen.] Jeff Klein about four times as his 'enforcer,' who is going to be brutal, aggressive, about collecting the contributions, and that he was the one managing the IPO."
Linking campaign contributions to future government actions is illegal under New York law, legal experts told The Post.