Politically connected placement agents get subpoenas in NY pay-to-play pension probe

Political agents get subpoenas in NY pension probe

NEW YORK — Investigators probing influence peddling at the state pension fund have subpoenaed a number of politically connected New Yorkers who picked up big paychecks lobbying former officials at the retirement fund.

State officials on Wednesday released a list of dozens of agents who acted as middlemen between investment firms and pension fund officials during the tenure of former comptroller Alan Hevesi.

Among the businesses listed was a firm run by Hevesi’s predecessor, H. Carl McCall.

Other firms that made the list were run by a former deputy mayor, a former city council president and the president of the Intrepid Sea, Air and Space Museum.

Attorney General Andrew Cuomo is looking into whether some of those agents failed to register with regulatory authorities.