The Campaign Spot

A Growing Scandal to Keep an Eye on

Keeping an eye on the ever-expanding public-pension-fund scandal, there was another arrest today:

Attorney General Andrew M. Cuomo today announced the arrest of a founding partner of a Dallas-based firm that advises public pension systems across the nation for his alleged involvement in a pay-to-play kickback scheme at the New York State Office of the Comptroller.
Saul Meyer, a founding partner of the Dallas-based Aldus Equity, was charged with Martin Act securities fraud for allegedly paying illegal kickbacks to Hank Morris, the top political adviser to former New York State Comptroller Alan Hevesi, in exchange for business with the state Common Retirement Fund (CRF).

Texan Saul M. Meyer was not a big giver to political campaigns, but in 2001, he gave $1,000 to the then-mayor of Dallas, Ron Kirk, who was preparing to challenge Republican John Cornyn for the Senate seat of the retiring Phil Gramm. Kirk is now the U.S. Trade Representative.
In 2003, he gave $2,000 to Democratic senator John Kerry of Massachusetts. In 2005, he contributed $1,000 to Democratic senator Evan Bayh of Indiana. In 2007, he made his first and apparently only contribution to a Republican, Rudy Giuliani, the maximum $2,300.