Friday, August 19, 2005

Eliots Endorsement Payola

Spitzer has gotten much press for his investigations and lawsuits criticizing conflicts of interest within the banking and financial industry.

But one obvious conflict of interest has not gotten any attention from the hyper-litigating AG is that of the labor owned bank Amalgamated Bank. Amalgamated is owned by the labor union Unite-Here.

According to the NY Sun the "New York-based bank that regularly loans money to unions is also owned by a hotel and laundry workers union."

Given the standard used in other Spitzer investigations (witchhunts?) Unite-Here should already have settled after a relentless Spitzer publicity campaign.

Instead Amalagated owner, Unite-Here, issued a statement ENDORSING SPITZER:
UNITE HERE announces its endorsement of Attorney General Eliot Spitzer in the 2006 New York State Governor’s race today. The union represents more than 100,000 apparel, textile, hospitality and other workers and retirees throughout the state of New York. The candidate will join UNITE HERE members and leaders at rallies in Rochester and New York City to accept the endorsement of UNITE HERE and its affiliates in the state.
Like Carl McCall, who got a pass for his roll in Grasso's $187 million NYSE bonus because Spitzer needed McCall's help in his run for the governorship, UNITE-HERE hasn't felt the heat from Spitzer either after a timely endorsement.


Blogger Joe Sylvester said...

Spitzer should be beaten from an inch of his liberal life and be barred from politics. This guy should be in the jail, not a front runner for office.

10:03 PM  
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Blogger Paramendra Bhagat said...

Eliot Spitzer

9:26 PM  

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