Jul 27
2018
Editor Jim Heaney discusses a recent story by Charlotte Keith on the failure of the AMRI project to spin off the jobs promised by state officials. During his interview with Susan Arbetter of The Capitol Pressroom he also touches on the guilty verdicts in the corruption trial involving the Buffalo Billon and reforms in the state’s economic development programs.
Jul 12
2018
Alain Kaloyeros has been known as many things during his career. Dr. K. Near genius. Nanotech guru. And as of Thursday, convicted criminal. Ditto for Lou Ciminelli. Civic leader. Power broker. Philanthropist. And yes, convicted felon. Down the list of defendants we go. Guilty. Guilty. Guilty. And, at the risk of repeating myself, guilty. It was a good day for clean contracting, for good government. But the job is far from done. Testimony during the trial established that the governor’s office installed Todd Howe, a longtime Cuomo associate, as the administration’s “eyes and ears” inside the operation that Kaloyeros headed[...]
Jun 15
2018
On Monday, Buffalo businessman Louis Ciminelli, will face trial in federal court in Manhattan, accused of taking part in a scheme to rig the bids for the construction work on the huge factory for SolarCity. Federal prosecutors say Ciminelli and other executives at his company worked with Alain Kaloyeros, the state official in charge of Gov. Cuomo’s Buffalo Billion initiative, to secretly tailor the bid specifications so their company would get the contract. Kaloyeros, who is also facing corruption charges, presided over a system of non-profit organizations that were exempt from the usual state oversight, even as they handed[...]
Feb 28
2018
The University at Buffalo Foundation spent almost $40,000 on questionable entertainment expenses, operated for three years under an expired contract with the campus, and lacks policies to ensure contracts are competitively bid, according to an audit released yesterday by the state comptroller’s office. The foundation also paid the salaries of two retired university staff members who returned to state employment, while they were also collecting state pensions – allowing them to circumvent state caps on “double-dipping,” the report found. The private UB Foundation is technically separate from the public university, but has long faced pressure to be more transparent[...]
Nov 20
2017
The University at Buffalo Foundation quietly invested in an offshore fund that finances fracking and oil companies, even as the university declares itself a leader on combating climate change, leaked documents reveal. The private foundation, whose assets top $1.1 billion, is technically separate from the public university and does not disclose information about specific investments – despite mounting pressure from a student-led campaign for divestment from fossil fuel companies. But, in data made public Friday through the so-called “Paradise Papers,” a massive leak of documents from an offshore law firm, the foundation is named as a shareholder in a fund[...]
Nov 9
2017
Bringing IBM to Buffalo was meant to create good-paying jobs and develop a technology hub downtown. Three years ago, Gov. Andrew Cuomo announced that the state would spend $55 million on equipment and office space for the company to set up a “center for cutting-edge software development.” In exchange, IBM and its partners agreed to create 500 jobs over five years. State officials made the point over and over: these would be good-paying, high-tech jobs. But many of the employees in IBM’s Buffalo office, at least so far, are working in low-skilled, relatively low-paying, call center jobs. Most of them[...]
Nov 7
2017
Investigative Post reporter Charlotte Keith discusses her recent story on the state-funded 43North business plan competition on WBFO’s Press Pass.
Oct 11
2017
Jim Heaney tells Susan Arbetter of The Capitol Pressroom that out-of-town entrepreneurs who take state money and then leave after just a year remind him of a Steve Miller song … “Take the Money and Run.”