At Yankees Hearing, Kucinich Schools City Officials

Two city officials trekked to Washington today to respond to a Congressional inquiry into the tax-free financing for the new Yankee Stadium, where they came face-to-face with a rather stern Representative Dennis Kucinich.

Mr. Kucinich, leading the inquiry as chairman of the Subcommittee on Domestic Policy, queried the city's Department of Finance commissioner, Martha Stark, and the city's Economic Development Corporation president, Seth Pinsky, over the deal with the Yankees, which allowed them to get more than $1 billion in tax-free bonds.

His questioning was critical and at times condescending, focusing much of the three-hour hearing on the assessment practices (which Westchester Assemblyman Richard Brodsky suggests were cooked to fit the financing model).  read more »

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