Federal officials in NJ have sent a message that they are on the case of the closing of the Ft. Lee access lanes to the GW Bridet last September. WSJ reports (Friday news dump?): US Attorney Issues Subpoena To committee Probing George Washington Bridge Scandal
New Jersey U.S. attorney Paul Fishman has issued a subpoena to a legislative committee investigating the George Washington Bridge closures for its documents pertaining to the matter, a sign that prosecutors are continuing to delve into the issue.
The subpoena was issued by prosecutors for “any and all records” produced or obtained by the New Jersey Legislative Select Committee on Investigation in the course of its work, according to a copy viewed by The Wall Street Journal.
The two-page subpoena was issued last week, and Democratic and Republican members of the committee were made aware of it Thursday night. The records are due back at the U.S. attorney’s office in Newark on May 2, the subpoena states.
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Does the subpoena suggest the Fishman and his team are closing in on issuing criminal indictments or that their investigation is stalled or hasn’t gotten very far? Too soon to tell.
The potential really big development is coming out of Manhattan. From MainJustice SEC Joins Manhattan DA to Probe Christie’s Diversion of Port Authority Funds by Lisa Brennan. To read it (and it’s definitely worth reading), use the above link.
This story goes back to Gov Chistie’s cancellation of ARC Tunnel project. (The cancellation infuriated NJ residents and US Transportation Secretary Ray LaHood, but apparently not enough that NJ voters and NJ and federal Democrats to replace Christie.) That left a big pot of money in the PA coffers raised from the issuance of tax exempt bonds and federal transportation funds.
Christie grabbed $1.8 billion for the NJ transportation authority to repair roads and the Pulaski Skyway – projects for which the PA is prohibited from funding. That violation (obviously illegal and criminal if the law applied to ordinary USians and not the political and well-connected high muckety-mucks at the PA that are held to a different legal standard; so, this must be referred to as “possibly fraudulent or illegal”) is the subject of the investigation by the Manhattan DA.
The SEC comes into the picture because the tax-exempt bonds were sold as “Lincoln Tunnel Access Improvements.” Thus, the PA issued tax-exempt bonds that exceeded their authority and hid that fact from investors by claiming the funds were for its maintenance of its Lincoln Tunnel assets. Not sure how the SEC can limit this one to a slap on the wrist of the perpetrators and a meaningless fine on the PA. Oops – “not PA bonds and not tax-exempt” isn’t going to fly with the bondholders.
On another note (the continuing saga of political sticky fingers dipped into NJ pension funds), David Sirota has a new piece at PandoDaily, Gov Christie’s investment chief has major financial ties to firm that got $300m in NJ pension cash.
Scott Raab at Esquire weighing in on today’s developments: It’s Time For Some SEC Problems For Chris Christie. Nice distillation and wording here:
Raab then goes to what should be an obvious question in this corrupt conspiracy plot:
Don’t forget that Christie called Cuomo (Dec 2013) complaining that Patrick Foye wasn’t helping with the Bridge scandal cover-up.
No wonder Cuomo disbanded his ethics commission.
Liberals have no power to take down these two dirt bags but their dirty dealings might.
Christie hasn’t yet figured out that his schtick doesn’t work anymore:
Chris Christie’s latest excuse for Sandy delays is pure chutzpah: Editorial:
Too bad for Christie that this whopper was easy enough to check out.
This bullyboy sure gets blindsided a lot.
Then like a pol with really big cajones, he went on the blame it on the Feds.
An excuse more blatantly false than the non-existent traffic study that closed the GW Bridge access lanes. Christie can’t blame feds for $800M budget gap, Pascrell says
Christie’s fantasy budget has caught up with him — but not soon enough to deprive him of a landslide re-election win.
It’s been a while since there was much to say about Phillip Kwon who seemed worth noting from the early days of this scandal. WSJournal now reporting Grand Jury Investigating George Washington Bridge Scandal Subpoenas Phillip Kwon, Ally of Gov. Chris Christie.
Recall that:
For anyone following and interested:
Bridge Scandal Investigation Raises Attorney-Client Privilege Questions.
Might have to reconsider my disdain for Ken Starr & Co.
Specifically, Clinton, Gov George Ryan of Illinois, and apparently Gov Bob McDonnell of VA. How sweet it would be if the GOP and rightwing zealotry of the 1990’s assists in the takedown of Christie.
NJ dot com reporting Samson refuses to provide any more records to bridge scandal committee
Michael Chertoff and Angelo Genova, Samson’s attorneys said that
Whether or not Samson previously intended to comply with the subpoena, he’s using the US Attorney’s subpoena of the panel’s records as grounds for not doing so. Will likely prevail if the legislature sues for his records.
SHAWN BOBURG and STEPHANIE AKIN reporting: GWB investigation: Port Authority executive director Foye testified before grand jury