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Union City developer admits money laundering role in N.J. corruption probe

A Union City developer and former partner of FBI informant and admitted scam artist Solomon Dwek admitted today to conspiring to launder money as part of the federal sting operation that led to the arrests of several mayors, rabbis and other officials last July.

Shimon Haber, 34, of Brooklyn, also acknowledged a role in attempting to funnel money into the campaign account of an unnamed Union City elected official as part of an effort to gain approvals on a major real estate project he and Dwek had been pursuing on Palisades Avenue in Union City.

Court filings and campaign finance reports show the money went to an election campaign associated with Mayor Brian Stack. The mayor has not been charged with any wrongdoing and has declined repeated requests to discuss the matter.

Hudson County towns could move non-partisan elections to November

Hudson County municipalities could get a chance to move non-partisan elections from May to November. Jersey City and Hoboken councilmen plan to introduce ordinances that would move the May non-partisan elections in those cities to November.

The Assembly approved a measure that would allow such a move yesterday sending it to the governor's desk to be signed into law. The Senate unanimously approved it Dec. 10. The Assembly voted 49 to 25 with two abstentions.

Justice Department lawsuit accuses N.J. of discrimination in written police tests

New Jersey’s civil service test for police officers seeking a promotion to sergeant discriminates against African-American and Hispanic candidates, according to a lawsuit filed by the U.S. Department of Justice Thursday.

Even African-Americans and Hispanics who pass the multiple-choice test are less likely to receive promotions because their scores are lower, according to the 10-page lawsuit filed against the state and the Civil Service Commission. The suit seeks to block the state from using the test.

LibertyHealth signed a contract Friday to sell Meadowlands Hospital in Secaucus to a Newark-based healthcare investment company that will maintain the 230-bed facility as an acute care hospital, officials said.

LibertyHealth signed a contract Friday to sell Meadowlands Hospital in Secaucus to a Newark-based health care investment company that will maintain the 230-bed facility as an acute care hospital, officials said.

The sale to MHA LLC, which must be approved by the state, will result in another for-profit hospital in the state.

Meadowlands, which opened 34 years ago, was sold "to ensure its long-term future as an acute-care hospital," said Mark Rabson, director of corporate affairs for LibertyHealth, which also operates Jersey City Medical Center.

Russian: "U.S. Capitalism is gone with a whimper"

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

The Real Reason your Wife Doesn’t Want to Work

You’ve used logic, reason, ultimatums, bargaining and begging to no avail. Your wife still won’t go back to work even though the kids are in school full-time. You may ask yourself why she spent time and money on an education only to disempower herself by becoming financially dependent upon you. It’s a valid question.

Being at home for the kids after school, shuttle services and taking care of you are plausible excuses, but they are excuses and flimsy ones at that. Let’s be honest, has your wife achieved Donna Reed status or does she complain about the menial aspects of housekeeping, cooking, laundry and driving the kids everywhere? Do you eat a lot of takeout food and pre-prepared meals?

Bank Autopsy: New Jersey's First BankAmericano

One hundred and forty American banks failed in 2009. But only two of them were in the New York metro area. WNYC’s Ilya Marritz reports that in the case of First BankAmericano, an institution based in Elizabeth, NJ that was founded to serve the Latino community, sloppiness and a risky business strategy killed the company.

Anthony Perez is just the kind of guy First BankAmericano wanted as a customer. He’s Puerto Rican. He cuts hair around the corner from the bank’s headquarters in Elizabeth. But he keeps his money at a bigger bank with more branches.

When First BankAmericano shut down last summer, he chalked it up to the law of the jungle.

“Hey it’s survival of the fittest, man. If you don’t play your cards right then go out of business,” Perez says. “Just don’t ask for a bailout.”

N.J. corruption case witness joins rogue's gallery

One man ran a Mafia-controlled brokerage that fleeced investors out of millions. Another was an admitted drug user who once ordered a murder. Yet another operated a Ponzi scheme right under the nose of his employer — the U.S. government.

To that rogue's gallery of federal snitches add the name of Solomon Dwek, the failed New Jersey real estate tycoon at the center of the biggest corruption sting in the state's history.

When Dwek takes the witness stand, possibly as early as next month, the success of the government's cases against potentially dozens of defendants will hinge on whether prosecutors can persuade a jury to believe a man who recently pleaded guilty to a $23 million bank fraud.

Stevens Institute of Technology President sued for plundering the endowment and receiving $1.8 million in illegal low-interest loans

 

In the 1990s, the president of Adelphi University was accused of receiving excessive compensation and forced from office. Since then, the leaders of American, Towson, Texas Southern and other endowment-poor universities have also crashed to earth after plunging their institutions into turmoil for similar excesses.

Now, charges are swirling over Stevens Institute of Technology in Hoboken, N.J. The state attorney general has sued the institute and its president, Harold J. Raveché, accusing him of plundering the endowment and receiving $1.8 million in illegal low-interest loans for vacation homes, with half of them later forgiven.

Superior Court Assignment Judge Maurice Gallipoli rules against Hudson County freeholders in pay-to-play lawsuit

Superior Court Assignment Judge Maurice Gallipoli

The Hudson County Board of Freeholders should have sought new bids rather than drastically reducing a contract to provide medical services at the county jail and juvenile detention center.  

Superior Court Assignment Judge Maurice Gallipoli voided that amendment in a written decision Tuesday, saying the Board of Freeholders shouldn't have awarded the contract in the first place.

In his 14-page opinion, Gallipoli said allowing the amended contract to stand "would allow for the award of a contract which was never really put out for public bid."