Raymond Kelly, the New York City Police Commissioner, on Friday April 25, abstained from voting to remove a company under criminal investigation for bribing
politicians to get a piece of three billion dollar pension funds. Why is this a problem? The first reason is Kelly is one of three people appointed by
Bloomberg to be on the City Pension Board. The company under investigation is Quadrangle Capital Partners and the co-founder is Steven Rattner, lifelong
Bloomberg friend. The Board has the power to suspend dealings with Quadrangle if they suspect criminal wrongdoing. And I don't think anyone here wants them
to keep handling their pension money until they are proven guilty. Are you starting to see how this looks like a set-up?
Raymond Kelly is the Commissioner of all 37,000 police officers who's pensions are the ones being stolen from by this company under investigation. By not
voting to remove Quadrangle a company under investigation for possibly stealing your money, Kelly has created a conflict of interest. Kelly had two choices;
vote to remove them because there is a criminal probe going on. And more important he's NYC's top law enforcement official, and it's his men and
women who are the victims in this.
It's very clear Kelly made this decision under pressure from Bloomberg and for violating the trust of his office he must step down now.
Bloomberg has a lot of explaining to do also. He's for pension reform, but is silent about white collar crime which has permeated every level of city and
state pension funds. He does not want cops to get what they risk their lives for, but stealing is fine.. Don't let the door hit you in the ass Bloomy on
your way out...





