Corruption bill ignored
By DAVID SEIFMAN and BRENDAN SCOTT, NY Post
Assembly Democrats yesterday turned a cold shoulder to Attorney General Andrew Cuomo's attempt to overhaul the state's corruption-scarred pension system.
On the steps of Manhattan's Tweed Courthouse, a reminder of earlier cronyism, Cuomo announced legislation to create a 13-member board to oversee pension investments and restrict donors to the state comptroller's campaign from doing business with the $117 billion fund.
"It's time to enact these reforms. Enough money has been stolen. It's gone on long enough," said Cuomo, flanked by state senators, including John Sampson (D-Brooklyn) and John Flanagan (R-LI).
But the legislation faces resistance in the Democrat-controlled Assembly, where Speaker Sheldon Silver is backing a competing bill that would have taxpayers fund comptroller campaigns.
The Assembly bill contains pay-to-play restrictions similar to Cuomo's proposal but would not take away the comptroller's sole control of the pension fund.