New Yorkers donate billions to charity every year. The Attorney General's Charities Bureau is responsible for supervising charitable organizations to insure that donors and beneficiaries of those charities are protected from unscrupulous practices in the solicitation and management of charitable assets. The Bureau also supervises the activity of foundations and other charities to insure that their funds and other property devoted to charitable purposes are properly used. The Trusts and Estates Section protects the interest of the public as ultimate beneficiaries of gifts and bequests contained in wills, trust agreements, deeds and corporate charters. The Bureau is also responsible for monitoring charitable registrations as mandated by law.
The most likely explanation for the inactivity from Attorney General Spitzers office is that The New York Times hasnt published a story about the scandal. Just as suspects in Aruba know that No body, No Crime, Spitzer knows that No NYT article, no scandal.
If NPO funds were diverted like this for political purposes, this IS a big story. Funny how a year ago the MSM was drenched with hyped-up garbage about Rush, but can't spare a drop of ink for this.
It actaully goes deeper than that. A NY Democrat Union Leader was on the NYSE Board and on the Board Committee that approved Grasso's compensation package. Spitzer filed suit against every member of the Committee except the RAT Union Leader.