Rick Lazio Is Worth A Lot Of Money (Updated)
…But it’s impossible to tell exactly how much from his (late) Public Integrity Commission financial disclosure form, even though his campaign made an unredacted version available shortly after 6 p.m. this evening.
The form includes ranges, the highest of which is F. That stands for $250,000 or over.
The market of Lazio’s Upper East Side condo is listed as F. Same for his compensation as a managing director at JP Morgan Chase Asset Management Group until he took an unpaid leave last September to run for governor. He also has quite a bit of JP Morgan stock, also listed under F.
Jimmy Vielkind has reported that Lazio was paid a $325,000 salary and $1.3 million bonus for his work for J.P. Morgan in 2008 – the same year the firm received federal TARP bailout cash, which it later paid back.
The Democrats have been slamming Lazio for his lobbyist days and also insisting that he release his tax returns, which he has said he’ll do, but refuses to say exactly when that will happen. The returns – 20 years of which are supposedly going to be made available at some point – will give a much more in depth picture of the former congressman’s wealth.
UPDATE: State Democratic Party Executive Director Charlie King is out with a statement slamming Lazio:
“The only thing this disclosure makes crystal clear is that Rick Lazio made a killing as a Wall Street lobbyist while the rest of the economy burned.”
“Lazio should make good on his ‘open kimono’ policy by actually opening his kimono and releasing his tax returns so the public learns what his Wall Street lobbying job pays him year after year. He keeps saying he’ll release his tax returns but won’t say when. Why?”
| Print article | This entry was posted by Liz Benjamin on June 24, 2010 at 6:34 pm, and is filed under Andrew Cuomo, Rick Lazio. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed. |
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http://www.vjmachiavelli.blogspot.com VJ Machiavelli
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Carpet Bagger



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