From the Daily News:
Congressman Gary Ackerman spent nearly $100,000 of his campaign cash on lawyers to respond to a Daily News investigation of his sweetheart stock deal.
The Queens Democrat shelled out $96,015 over the past three months to the high-powered Washington firm McDermott Will & Emery, according to recent Federal Election Commission filings.
Ackerman hired the firm's hotshot lawyer, Abbe Lowell, to nail down the timing of a meeting the pol set up between Israeli officials and a defense contractor in which he owned stock.
In March 2002, Ackerman got the stock in California-based Xenonics Co. with a favorable $14,000 loan from a close friend, Selig Zises.
He made $100,000 when he sold the Xenonics stock in 2006.
At some point, The News revealed, Ackerman arranged a meeting in his congressional office between Xenonics and Israeli officials.
Ackerman's lawyer initially told The News that, during his investigation, he'd found evidence that the Xenonics meeting occurred in either February or November 2002 - right before or during the time Ackerman held a financial stake in the company.
And let's not forget Alan Gross' contributions.