Posted on 10/10/2009 11:15:16 PM PDT by neverdem
Raymond B. Harding, the former vice chairman of the state’s Liberal Party, pleaded guilty Tuesday to a felony related to securities violations under the Martin Act, the latest development in Attorney General Andrew M. Cuomo’s investigation of the state pension fund.
Mr. Harding had been accused of accepting more than $800,000 that prosecutors say was a reward for doing political favors for the former state comptroller Alan G. Hevesi.
Saul Meyer of Aldus Equity, a Dallas-based firm, also pleaded guilty on Friday to a Martin Act felony in the case. Mr. Meyer was a top consultant to pension funds around the country.
The accusations against Mr. Harding, included helping to clear an Assembly seat in a Queens district so that Mr. Hevesi’s son, Andrew, could run for it in 2005. Mr. Cuomo has said that Mr. Harding, once a close political ally of former Mayor Rudolph W. Giuliani and a power broker in state politics, was rewarded for providing “30 years’ worth” of political favors to the senior Mr. Hevesi...
(Excerpt) Read more at cityroom.blogs.nytimes.com ...
LET ME GUESS ... he was Fundraising for AIR AMERICA!!??
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