Preet Bharara gets half billion dollars back on CityTime boondoggle. Bloomberg says it “fell through the cracks”

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.