Reply #202: Oh Boy!!! Rudy might be in deep doodoo! It turns out he has 4 World Series [View All]

[ralps]

Rings!
http://www.villagevoice.com/news/0719,barrett,76566,2.html
The Yankees' Clean-Up Man
Rudy went to bat for the Yanks, and look what he scored.
by Wayne Barrett
May 8th, 2007 11:14 AM
snip
"It is only now, however, as Giuliani campaigns for president, that we are beginning to learn that this relationship went even deeper. Giuliani has been seen on the campaign trail wearing a World Series ring, a valuable prize we never knew he had. Indeed, the Yankees have told the Voice that he has four rings, one for every world championship the Yankees won while he was mayor. Voice calls to other cities whose teams won the Series in the past decade have determined that Giuliani is the only mayor with a ring, much less four. If it sounds innocent, wait for the price tag. These are certainly no Canal Street cubic zirconia knockoffs.

With Giuliani's name inscribed in the 1996, 1998, 1999, and 2000 diamond-and-gold rings, memorabilia and baseball experts say they are collectively worth a minimum of $200,000. The Yankees say that Giuliani did pay for his rings—but only $16,000, and years after he had left office. Anyone paying for the rings is as unusual as a mayor getting one, since neither the Yankees nor any other recent champion have sold rings to virtually anyone. The meager payment, however, is less than half of the replacement value of the rings, and that's a fraction of the market price, especially with the added value of Giuliani's name.

What's more troubling is that Giuliani's receipt of the rings may be a serious breach of the law, and one that could still be prosecuted. New York officials are barred from taking a gift of greater than $50 value from anyone doing business with the city, and under Giuliani, that statute was enforced aggressively against others. His administration forced a fire department chief, for example, to retire, forfeit $93,105 in salary, and pay a $6,000 fine for taking Broadway tickets to two shows and a free week in a ski condo from a city vendor. The city's Conflicts of Interest Board (COIB) has applied the gift rule to discounts as well, unless the cheaper rate "is available generally to all government employees." When a buildings department deputy commissioner was indicted in 2000 for taking Mets and Rangers tickets, as well as a family trip to Florida, from a vendor, an outraged Giuliani denounced his conduct as "reprehensible," particularly "at high levels in city agencies," and said that such officials had to be "singled out" and "used as examples.""
snip!
:hi: :loveya: :hug: :pals: :woohoo: