Monday, November 8, 2010
What a waste public authorities are!
MYFOXNY.COM - An investigation by the New York inspector general revealed that the Battery Park City Authority has squandered more than $300,000 on parties, gifts, and free lunches.
"Such excessive spending by a state authority was outrageous," said Inspector General Joseph Fisch, who also noted that the authority's staff complained of favoritism by top executives.
The inspector general's report identified wasteful spending of public funds from 2005 through 2008 on items from $100,000 on executive lunches to $16,000 open-bar parties and $100,000 in inappropriate charitable donations, including a gift to Auburn University Foundation, in Alabama.