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Washington Prowler

Andrew Cuomo Up to Old Tricks

Could he end up investigating himself?

While traveling on a U.S. State Department-funded tour of the United Arab Emirates (UAE), Imam Feisal Abdul Rauf, the man who backs the Cordoba Initiative, which would fund the construction of a mosque near the site of the World Trade Center 9/11 terrorist attacks, met with potential financial backers of the project, including current and former investors in a firm that formerly had close ties to New York gubernatorial candidate Andrew Cuomo.

While in Dubai, according to State Department sources, Rauf met with financiers behind Emirates National Securitization Corporation (ENSeC). ENSeC is Dubai’s version of Fannie Mae and Freddie Mac, which has developed a secondary mortgage system that is assisting in capitalizing residential and commercial properties that are collateralized by UAE based mortgages.xq

ENSeC was the brainchild of Andrew Cuomo more than a decade ago, when, as a senior executive of Island Capital Group LLC in Manhattan, he was credited with working with the UAE to create the secondary mortgage entity. Andrew Farkas is the chairman of Island Capital, and currently a co-finance chair for the Cuomo for Governor campaign; for many years he served as vice chairman of ENSeC before selling his interest to the Dubai government sometime between 2008 and 2009. Farkas also has had extensive dealings with Dubai World, and his relationship with Cuomo is a complicated and controversial one.  

Between 2004 and 2006 Cuomo reportedly earned as much as $2 million from his time with Island Capital, which followed failed political campaigns in New York and his scandal-ridden time as Secretary of Housing and Urban Development in the Clinton administration. Cuomo’s time at HUD included a sexual harassment case and abuse-of-office charges after he, according to the agency’s inspector general, attempted to have the agency target African-American mayors in investigations of potential housing fraud. 

During Cuomo’s time at HUD, he also authorized an investigation of Insignia Financial Services, a firm owned by … Andrew Farkas.  In the civil suit that Cuomo authorized in 1997, federal prosecutors accused the Farkas firm of paying $7.6 million in kickbacks to the owners of 17 federally subsidized projects that Insignia managed.

Farkas has no ties to the mosque controversy, nor does ENSeC. Cuomo — currently the New York State attorney general — claimed he would look into who was financing the so-called Ground Zero mosque.

Letter to the Editor View all comments (21) |

The Westchester News | 9.23.10 @ 8:12AM

The only place Andrew Cuomo has to look is into his deep pockets that are loaded with Islam funding, 25 million to be exact. Andrew Cuomo would support Islam burning the American Flag for a few coins, oh wait, he does. He also supports Islam Muslims spitting on the graves of all the Americans who died on September 11, 2001.
Andrew Cuomo is a Career Politcian and his Idol and mentor is Michael Bloomberg, a real dirty under handed Billionaire.

America Has Spoken!

Carl Paladino will be the next Governor of New York State.

~ The Westchester News.Com

Mimi| 9.23.10 @ 9:23AM

Thank you Westchester News....Sounds like these two have a lot to answer for. Is this the tip of an ICEBERG?......We need an army of Patriotic , honest, investigative journalist to hit the streets all over the state of New York...To put out the TRUTH. Andrew as pre-govenor has been on COAST, to RIDE into office. We have 40 days, just the MOSQUE issue is enough to defeat him. Carl Paladino has the guts, courage, and TRUTH, behind him....no SHARIA ties...LETS GET THE SHOW ON THE ROAD !!!

RWinks | 9.23.10 @ 4:25PM

Great idea, Mimi, but where you gonna find patriotic honest investigative journalists?

Mimi| 9.23.10 @ 7:41PM

RW...I thought if I pricked their conscience, They would come out of the wood-work in DROVES. Lotta work here...hopefully some will take the challenge. We need them to speak truth against the POWERFUL....It is the AMERICAN WAY!!!

Booger| 9.23.10 @ 9:07AM

From the desk of Andrew Cuomo:

Dear Voter,

It has come to my attention that large numbers of you are actually considering giving your vote to that windbag a@@h*** Paladino this November. First and foremost, I would like to stress to each of you f****** morons who is thinking about voting for that s***head Paladino that I completely respect your right to vote, even if you're completely f****** in the head. That being the case, there are a few things we need to talk about before the election.
Did you know that it's now possible to cross-reference your state tax form with your voter i.d.? Sure, it's old technology. So while you're voting for the candidate of your choice, event that f***w**,d********, c********* Paladino, please remember that it just MIGHT be POSSIBLE that the Attorney General can see who you voted for and cross reference it with your tax i.d. I know, I know, some people scream about "privacy" all the time, but only criminals really worry about that. If you're doing the right thing, and hey, we're all gonna do the right thing here, okay, then you don't have to worry about privacy.
On an unrelated issue, let's talk about yard signs. I see a few of you dumba**** have Paladino signs out in the yards in front of your bedbug infested dumps. You do know we have imminent domain around here, right? I'd hate it if your neighbors or somebody started filing a complaint about your property just because of a stupid f******* Paladino sign in the yard, and then there was an inspection, and then your property got condemned. Not that it would be connected to the election, but s*** happens, you know.
On the other hand, say you had a couple of nice Cuomo yard signs out front sprucing the place up. Why that could actually INCREASE your property values, not to mention drive down crime by the very mention of my name. So if somebody was having trouble with the local code board, say, and had a couple of MY signs out front, then the A.G.'s office could explain to those yokels how things really worked. You know what I mean.
Anyway, these are just a few thoughts I wanted to share with you headed into November. Have a nice f******* day.

Sincerely,

Future Governor Andrew Cuomo

t.wood| 9.23.10 @ 9:19AM

This should go viral.

TR| 9.23.10 @ 11:26AM

The best post of the day!!! You are great!

Anthony| 9.23.10 @ 1:50PM

It appears Andrew the Nasty accompanied Madam Hillary on her NY listening tour before the queen duped the fools of NY and dumped them for her failed presidential bid.
Andrew appears to understand the plight of upstate NYers very well. He should, he, Hillary and their party have created NYs mess for decades.
Yet the fools will continue to vote D. Fortunately, when Madam Hillary loses her bid for president in 2012, she'll not dupe NYers into a second listening tour, simply because she won't give a s*** by then.

hardcard| 9.23.10 @ 9:17AM

the apple doesn't fall far from the tree. Very true this crook is the son of a crook. they both have been wheeling and dealing all their lives. court street ain't the same without you mario, remember?

coal carrier| 9.23.10 @ 10:04AM

I am sure Andrew listened very carefully to papa Mario while growing up. You know son; there is a lot of money to be made in politics. And it is all other peoples money!

Ruckster| 9.23.10 @ 11:00AM

The last time A. Cuomo ran for governor he backed out before the primary rout like Charlie Crist and his wife was cheating on him with a stud Republican.

TheRover| 9.23.10 @ 8:34PM

A vote for Cuomo, more of the same plus a mosque at ground zero....

A vote for Paladino, and you can help drive a stake into the heart of The Vampire State!

LemonMeister | 9.26.10 @ 3:53AM

Andy should have kicked Sandy to the curb. He’s getting no H3@d. She got the divorce settlement from ex hubby Bruce Karatz in 2005. No associated scandal here or conflict of interest mr Attorney General, NY NY??? The same year he (Mr Karatz) stole 13 million dollars from KB Home shareholders to pay for her ousting. Karatz is a convicted felon were waiting on the delayed prison sentence. Cuomos girlfriend benefited from the theft? A “KB Home Sucks” just Google it. Sandra Lee Karatz got on the cooking channel thanks to Bruce’s media connections. Love the guzzling of Vodka By Sandra Lee on the cooking channel it’s no secret see her on YouTube bottoms up (don’t want to paint that picture here) you two. BTW Karatz and Sandra Lee (Mr & Mrs. Bruce Karatz) built this lemon in 2005 http://www.akbhomesucks.com Bruce Karatz appeal is going to be heard in the ninth district. His new council has clandestine connections with the 9th circuit. Andy did you investigate this yet? Yawns just keep your office positions another poser for Gov of NY NY. Arnold the Terminator are you investigating these accusations? Asta La Vista KB keeps screwing the little guy as you posers. Homeowners are you sleeping? Stand up and be counted while these friends of the felon’s keep fleecing society.

Joanna | 6.6.11 @ 6:13AM

The time is definitely right for change.
UTI Treatment

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