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In the discussion thread: Christie Crime Digest Volume III [View all]

Response to Laxman (Original post)

Tue Jul 7, 2015, 01:14 PM

88. Even the LAWYERS are lawyering up???

Last edited Mon Jul 13, 2015, 06:16 PM - Edit history (2)

North Jersey.com: ...(T)hree in-house attorneys have lawyered up amid an escalating investigation into the Port Authority’s decision to redirect $1.8 billion in toll money from its Hudson River crossings to fix roads in New Jersey...suggest(ing)... (that)...prosecutors and federal regulators are closely examining the legal justification for shifting toll dollars to New Jersey-owned roads...The Port Authority quietly justified the spending by labeling the highways as access roads to the agency’s Lincoln Tunnel — even though they are miles from the tunnel, do not connect to it directly and do not generate any revenues for the Port Authority...

The probe into the Pulaski Skyway repairs...is also casting a light on the Christie administration’s reliance on the Port Authority to fund New Jersey projects: Christie claimed $1.8 billion in toll money only a few months after he and New York Gov. Andrew Cuomo approved five years of toll hikes at Port Authority bridges and tunnels...The $1.8 billion was originally slated to go to a new Hudson River rail-tunnel project, called ARC, which Christie canceled his first year in office...All the while he blamed the agency for runaway spending and years of mismanagement...

The probe into the Pulaski Skyway repairs grew from the scrutiny in the wake of the lane-closing scandal but is being led by prosecutors and regulators in New York...The (Security and Exchange Commission) is involved because it enforces federal regulations that maintain the integrity of the bond market...The fact that the Manhattan District Attorney’s Office and the SEC are working together raises the stakes...

Prosecutors in New York have a powerful investigative tool in the form of the state’s Martin Act...Under the Martin Act, fraud “includes all deceitful practices contrary to the plain rules of common honesty” in the sale or purchase of securities...That language leaves prosecutors with a lot of discretion, experts said. “I would not want to be a public official looking at an investigation under the Martin Act,” (says the) director of New York University’s Program on Corporate Compliance and Enforcement and an expert on securities fraud. “It’s very broad.”

In case you need your memory refreshed, here again is a map of the area in question:



And here's the video the New Jersey Star-Ledger did:
http://www.rocktivity.com/video/christieTonnelle.webm

Contending that the Pulaski Skyway was an access road to the Champs-Élysées would have been more believable. But if it can be legally designated as fraud, AND as a favor to then-PA head David Samson (who would have raked in monster fees from his PA clients at his law firm), Christie is definitely done.


rocktivity

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