New York state

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New Probe: Did Banks Dupe Credit Raters?

New York AG Andrew Cuomo investigates 8 big banks

(Newser) - More bad news for bankers: New York's attorney general, Andrew Cuomo, is investigating whether banks deliberately misled rating agencies ahead of the housing market collapse. So far, authorities have focused on dealings between banks and clients who purchased mortgage-backed securities, notes the New York Times . Cuomo's crusade broadens the scope...

NY Gov Hopeful's Emails Feature Racism, Porn, Bestiality

Tea party candidate Carl Paladino blames Democrats for 'smear'

(Newser) - One week after announcing his candidacy for governor of New York, Carl Paladino was on the hot seat today after an upstate political blog released racist, sexist, and pornographic emails the wealthy developer allegedly sent. The tea partier issued a statement today saying the messages were "just another liberal...

New Rangel Challenge From Adam Clayton Powell IV
 New Rangel Challenge From 
 Adam Clayton Powell IV 

LIKE FATHER LIKE SON

New Rangel Challenge From Adam Clayton Powell IV

NY lawmaker aims to take back seat Rangel took from dad

(Newser) - In a twist of fate, New York lawmaker Adam Clayton Powell IV will use Charlie Rangel’s ethics problems against him in an upcoming House Democratic primary, much as Rangel used similar allegations against Powell’s father to unseat him in 1970. But Powell’s decision to mount a challenge...

Democrats Who Vote 'No' May Be Vulnerable
Democrats Who Vote 'No'
May Be Vulnerable
NATE SILVER

Democrats Who Vote 'No' May Be Vulnerable

Nate Silver identifies 10 seats, 6 in NY, subject to primary challenge

(Newser) - Some House Democrats could be in a pickle when it comes to reelection this year if they don’t vote for the health care reform bill this week, writes Nate Silver. He’s identified 10 who might face primary challenges based on their ambivalence about the legislation, pressure from activist...

Bloomberg's Galpal Eyes Gillibrand's Seat

Diana Taylor well-qualified, has the clout

(Newser) - It appears pretty much everyone in New York thinks Kirsten Gillibrand's Senate seat is there for the taking—the latest in the long line of would-be contenders is Mayor Mike Bloomberg's longtime girlfriend, former state banking superintendent Diana Taylor. "She was asked to consider it," a Republican insider...

Eric Massa Will Step Down Monday
Eric Massa
Will Step Down Monday

Eric Massa Will Step Down Monday

NY congressman: 'I'm guilty' of sexual harassment

(Newser) - Rep. Eric Massa, who had already said he wouldn't run for re-election , will leave office on Monday. The first-term New York Democrat said a recurrence of cancer played a role in his decision, but also admitted a sexual harassment complaint a male staff member filed with the Ethics Committee had...

Paterson Took Yankees Tickets, Broke Ethics Law

Violations carry a fine of $90K, referred to AG Andrew Cuomo

(Newser) - Members of the New York government’s executive branch are barred from accepting gifts from lobbyists that could sway them, which is exactly what the state’s Commission on Public Integrity says embattled Gov. David Paterson did when he secured free World Series tickets from the Yankees for his son....

Ford: I'll Stand Down, but Democrats Are Out of Touch

Primary battle with Gillibrand would weaken party, writes Harold Ford Jr.

(Newser) - A bare-knuckled Democratic primary battle in New York would only strengthen the Republicans and risk losing a Senate seat, Harold Ford Jr. writes, explaining why he decided to drop out of the race. But in standing down he takes a broad swipe at party insiders who tried to bully him...

Ford Won't Run for NY Senate Seat After All

Tenn. transplant changes mind on challenge to Gillibrand

(Newser) - Harold Ford Jr., the former congressman and political commentator who’s been making waves in New York political circles since moving from Tennessee, won’t challenge fellow Democrat Kirsten Gillibrand for her US Senate seat after all. “I heard from Harold Ford and he has decided not to run,...

David Paterson: I'm Not Quitting

And NY governor says he's still got the power to run state

(Newser) - OK, OK: David Paterson won't run for a new term, but he's still running the decaying Empire State, and he's certainly not quitting. Resigning is "off the table," the embattled New York gov said today. "In terms of authority of power, I have the power." As...

Blaming 'Obstacles,' Paterson Drops Out

Days after launching campaign for full term, NY governor leaves race

(Newser) - David Paterson made it official this afternoon, putting an end to his campaign for a full term as New York governor just days after he launched it. The move came in the wake of a domestic violence scandal involving one of his closest advisers, but Paterson said he was "...

David Paterson Won't Run for Re-Election

But New York governor will not resign over allegations

(Newser) - David Paterson is dropping his bid for re-election as governor of New York after revelations of his and his administration’s conduct surrounding an aide's domestic violence case , an insider tells the New York Daily News . The governor, who still plans to serve out his term, is expected to announce...

David Paterson Might Be Finished

 David 
 Paterson 
 Might Be 
 Finished 
quick takes

David Paterson Might Be Finished

He may not be able to overcome the latest Times salvo

(Newser) - The latest New York Times story on David Paterson, alleging that he tried to cover up an aide's assault charges, looks to be the real deal:
  • Ben Smith, Politico : It "appears likely to end the governor's tottering political career."
  • Allahpundit, Hot Air : Actually, "Paterson became political roadkill
...

NYT Questions Paterson's Handling of Assault Case

Governor suspends aide, calls in AG

(Newser) - The New York Times weighs in with the David Paterson "bombshell," take three. The new installment about New York's governor is the most serious of the bunch, laying out how he may have improperly used the full weight of his office to get a woman to drop assault...

Bill Clinton Home After Heart Procedure

Doctor says former president could be back to work on Monday

(Newser) - Former President Bill Clinton is recovering at his suburban New York home today after leaving a Manhattan hospital where he underwent a heart procedure. Three black SUVs with tinted windows pulled through the high gates of his Chappaqua house around 7:45am. Clinton adviser Douglas Band said in a statement...

Illinois' Political Culture Is Even Worse Than NY's

But scandals in both states makes it a close race, notes Gail Collins

(Newser) - Illinois and New York both have such awful political cultures that it's tough to decide which state is the biggest loser, writes Gail Collins. Both states have governors who were forced out by scandals and whose successors are mired in controversy, although at least Eliot Spitzer isn't going to be...

Paterson: I'm Blind, But 'Not a Dope'

 Paterson: I'm  
 Blind, But  
 'Not a Dope' 
sees plot against him

Paterson: I'm Blind, But 'Not a Dope'

But they won't succeed, he tells Imus; 'I'm black, I'm blind, and still alive'

(Newser) - Beleaguered New York Gov. David Paterson lashed out today at a mysteriously “well-orchestrated” conspiracy to run him out of office, but maintained that he wasn’t going anywhere. “I’m black, I’m blind, and still alive,” he told Don Imus on his radio program. A New ...

Schumer's Wall Street Donors Look for Revenge
Schumer's
Wall Street
Donors Look
for Revenge
analysis

Schumer's Wall Street Donors Look for Revenge

Which might explain Harold Ford's run

(Newser) - Chuck Schumer is making enemies in high places among "his wealthiest and most powerful constituents," writes Chris Smith. These Wall Street honchos have long poured money into Schumer's campaign coffers, but now they think he's not doing enough to protect them from regulation attempts. “Chuck says, ‘...

Colbert to Harold Ford: Hi, Flip-Flopper
 Colbert to 
 Harold Ford: 
 Hi, Flip-Flopper 
evolving opinions

Colbert to Harold Ford: Hi, Flip-Flopper

Implies politician is flip-flopping on abortion, gay marriage

(Newser) - Harold Ford Jr. got the coveted "Colbert bump" last night when he appeared on the Colbert Report to discuss his possible New York Senate run—but probably not in quite the way he expected. Colbert, who started off by noting that "evidently, six minutes at my interview table...

Teachers' Unions Strangling School Reform
 Teachers' Unions 
 Strangling School Reform 
JOE KLEIN

Teachers' Unions Strangling School Reform

Obama must fight for accountability and neuter 'reactionary' lobbyists

(Newser) - New York could really use $700 million in federal Race to the Top education funding, Joe Klein writes, but it won’t get it thanks to intractable teachers’ unions. The federal funds require school choice and teacher accountability, so the powerful union lobby stymied it in the state legislature. The...

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