From the Daily News:
Mayor Bloomberg's money was able to buy more than just consultants, polls and advertising in his reelection campaign last year: It was able to buy silence.
The mysterious $750,000 shell company that ran his Election Day poll-watching operation was paid by the state Independence Party, using $1.2 million Bloomberg gave from his own pocket.
Not a penny of it was disclosed until January. All the headlines about how operative John Haggerty can't account for the $750,000 came out after the election was over.
Separately, a coalition of real estate interests also gave $750,000 to the state Independence Party to support City Council candidates.
None of that was disclosed at the time, either, back when voters could have seen which landlords were dropping $45,000 apiece on those candidates - and could have voted accordingly.
A year earlier, Bloomberg dropped another $1.2 million on the Independence Party just as he was pushing to extend term limits with a professional-grade operation that never explained how it was funded.
All those donations went to an Independence Party account that reports its doings only in January and July - and is only supposed to be used for "ordinary activities," not "promoting the candidacy of specific candidates."
The law is flimsy, though, and Bloomberg and party officials believe it was porous enough to soak up the cash without penalty.
Critics say they broke the law, but since the donations were reported to the notoriously toothless State Board of Elections, don't expect a robust probe to find out who's right.