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.
Former New Jersey Governor James McGreevey might remember that former Newark Mayor Sharpe James played a significant role in helping him to get that title. But regarding the highly contentious Newark mayoral race between candidates Ras Baraka and Shavar Jeffries, McGreevey told PolitickerNJ.com on Thursday that he has no interest in picking a side.Read More >
By JON BRAMNICK Voices around the country agree with our concern that "bipartisan committee led by John Wisniewski is partisan." Below are observers who agree Wisneiwski's committee is not bipartisan: Chuck Todd, NBC News: "Democrats made a mistake... Read More >
“The new agenda is charter schools. It’s a profit-making business. $500 million will not be in our hands. The school board is an advisory board. We are not going to tell the governor to unleash the dollars. Don’t be fooled. It’s not abracadabra. It’s politics.” - Paterson Mayor Jeff Jones- PolitickerNJ.com
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