Newark Mayor Cory Booker reportedly pocketed an unknown amount of annual payments from his former law practice while the firm collected millions of dollars from independent authorities located within Brick City, according to published reports.
The NY Post reported over the weekend that the front-runner in New Jersey’s U.S. Senate election received an undisclosed amount of money from the Trenk DiPasquale law firm from 2007 to 2011. During that time, the firm collected more than $2 million in fees from independent authorities located within Newark, according to the report.
Booker told the paper the five payments were part of “a settlement buyout for [his] interest in the firm” but both he and his campaign declined to disclose the amount of the checks.
“I had an equity stake, and we had a negotiated settlement,” Booker said.
The mayor left the firm in 2006 after being elected.
Veteran New Jersey reporter Robert Hennelly has a column today in Salon in which he bashes the New York Times for glosing over the "icon of cronyism" in its Christie coverage.Read More >
By JEFF BRINDLE It is critical that the Legislature soon enact a pending bill that would ensure the state’s Gubernatorial Public Financing Program is available in the event of a special election for governor. Not only is there no current legal... Read More >
“We’re going to hold the line until hell freezes over, and when hell freezes over, we’re going to hold the line on ice skates." - Assemblyman Raj Mukherji (D-31), at yesterday's SEIU 1199 rally.- PolitickerNJ
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