Juan Gonzalez of the Daily News was all over the CityTime scandal for years. Finally U.S. Attorney Bharara got involved. As a result, a couple folks went to jail, a couple fled to India, and the city is getting back a half billion dollars.
What did Bloomberg say? He said the project fell through the cracks. He also said we’d get value for the $722 million we spent. Not a chance. But if our net cost is $222 million, it might pay off. Thanks to Bharara. But Bloomberg? He can Bite Me.
CityTime a bigger scandal even than Boss Tweed – NY Daily News.