Daily Rogues Report. New York State pension fund corruption

David Loglisci and Hank Morris from the New York State Comptroller’s Office have been indicted on 123 charges for taking kickbacks from firms wanting to manage state pension fund money.

[Attorney General Cuomo] called it a corrupt scheme that helped Comptroller Alan Hevesi’s campaign gain donations from those playing to play.

Our political and financial sectors have been corrupted and compromised. Too many criminals are in high places of power. We need heavy government regulation and oversight. And we need to toss the garbage out. Some of them unquestionably should to go to prison.