Cuomo Probes Politics in State Pension Business

Saturday, Feb 28, 2009  |  Updated 11:00 AM EDT
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Cuomo Probes Politics in State Pension Business

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New York State Attorney General Andrew M. Cuomo

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A state government official says the New York attorney general's office is investigating whether political consultants are using their connections to guide state pension business to financial firms they work for.

     The official tells The Associated Press that the attorney general's office has been requesting information from Comptroller Thomas DiNapoli's office, which decides how to invest pension funds. The official spoke on condition of anonymity because the probe hasn't been made public.
    
The Daily News of New York first reported the investigation on Friday.
    
A spokesman for the comptroller's office says no firms have received special treatment and DiNapoli has instituted a rigorous and transparent policy.
    
A spokesman for the attorney general's office declined comment.

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