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kpete

(72,022 posts)
Fri Jul 19, 2013, 10:36 AM Jul 2013

Stephen Colbert Asks Eliot Spitzer About ‘Self-Comptrol’

Stephen Colbert Asks Eliot Spitzer About ‘Self-Comptrol’

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“Given a position of this responsibility, should the job of comptroller go to someone who has show a modicum of ‘self-comp-trol,’” Mr. Colbert asked early on, drawing loud audience applause. “Why, why, why should the people trust you?” he questioned Mr. Spitzer, who resigned from office five years ago after an infamous prostitution scandal.

Mr. Spitzer quickly tried to take charge of the conversation, arguing people should judge him “based on the totality of the record,” including his time spent as state attorney general, where he said he’d been the “umpire” of Wall Street.

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But Mr. Colbert wasn’t done. “Before we go, one last question,” he said. “You know, you’re leading in the polls. You could win this thing … Do you think that it seems that voters are more forgiving than they used to be? Do you think that signals progress for our country, or the slow decay of our moral values?”

“Wow. Wow. That is a tough one,” replied Mr. Spitzer, looking unusually tongue-tied.

“This ain’t Charlie Rose, motherfucker!” Mr. Colbert gloated, to no response. “Come back and tell me.”


VIDEO & MORE of this Masterpiece:
http://politicker.com/2013/07/stephen-colbert-asks-eliot-spitzer-about-self-comptrol/
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Stephen Colbert Asks Eliot Spitzer About ‘Self-Comptrol’ (Original Post) kpete Jul 2013 OP
Spitzer: “You control or have a say in the investment of over $140 billion of pension dollars" think Jul 2013 #1
 

think

(11,641 posts)
1. Spitzer: “You control or have a say in the investment of over $140 billion of pension dollars"
Fri Jul 19, 2013, 11:08 AM
Jul 2013
“You control or have a say in the investment of over $140 billion of pension dollars, the pensions for over four million municipal workers. You oversee the city budget. You do audits to determine that the tax dollars we spend are used for the purpose for which they’re allocated.”

Full article:
http://www.rawstory.com/rs/2013/07/19/colbert-grills-spitzer-shouldnt-comptroller-job-go-to-someone-with-more-self-comp-trol/


The Carlyle group allegedly paid around $13 million in bribes to a former aide to a previous NCY comptroller to access that $730 million in pension funds.

They avoided further legal action by paying a fine of $20 million:


This is one of the reasons why the NYC comptroller position is very important.

Carlyle Groups Settles in "Pay to Play" Scandal Probe


By RICHARD ESPOSITO and BRIAN ROSS (@brianross)
May 14, 2009


The Carlyle Group, a giant Wall Street firm best known for its ties to former President George H.W. Bush and other prominent public officials, made more than $13 million in payments to a indicted political fixer who arranged for the firm to receive business from a New York pension fund, New York attorney general Andrew Cuomo said today.

Cuomo said Carlyle had agreed to $20 million to "resolve its role" in the ongoing corruption investigation and agreed to a new code of conduct that prohibits the use of such middlemen. ...

~Snip~

Carlyle then received more than $730 million in New York state pension funds for five different project
s, according to Cuomo.

Carlyle employees also made about $78,000 in campaign contributions to Comptroller Hevesi's campaign in 2005 and 2006, according to Cuomo, some solicited by Morris.

Morris was indicted in March in the "pay for play" investigation for allegedly arranging "sham placement fees" for himself and other Hevesi "political cronies" and for extracting "millions of dollars in campaign contributions" to ensure "the Comptroller's approval of their proposed investments." ..

~Snip~

Full article:

http://abcnews.go.com/Blotter/WallStreet/story?id=7586756&page=1
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