Previously undisclosed emails by a mortgage industry lobbyist doubling as a consultant for then Attorney General Andrew Cuomo show the lobbyist played a self-described “critical role” in one of Cuomo’s signature financial crisis investigations.Imagine that.
The emails from 2007 and 2008 detail how the lobbyist, longtime Cuomo confidant Howard Glaser, was involved in an investigation of mortgage industry players that included Glaser’s own clients.
In one email, Glaser touted his influence over a Cuomo deal that weakened rules to prevent misdeeds in the mortgage market. That deal, with mortgage giants Fannie Mae and Freddie Mac, reflected Glaser’s “significant, critical, and current input,” he wrote in an email, “a fact to which current [Fannie and Freddie] employees and the NYAG’s office are prepared to attest.” Fannie and Freddie were both Glaser’s clients.
The emails contradict Glaser’s previous account of his involvement in Cuomo’s investigations.
Wednesday, March 11, 2015
Emails Reveal Lobbyist Had Undisclosed Role In Cuomo Financial Crisis Investigation
Pro Publica reports: