Queens, NY – Continuing their efforts to protect energy ratepayers, Senator Michael Gianaris and Council Member Peter F. Vallone, Jr. are pushing a federal judge to reject the proposed settlement for an illegal price-fixing case involving Morgan Stanley and two western Queens power plants that caused ratepayers to lose nearly $300 million in two years.
“I am thrilled the State Liquor Authority stood with the Long Island City community today when it voted against the Gypsy Rose liquor license application. This neighborhood is no place for a sex-based business, and today’s vote brings us one step closer to ensuring the wholesome, family-friendly environment in which an increasing number of people live and work. It is clear the SLA takes community input to heart and I commend the board for today’s decision.”
The Queens Chronicle investigates the alleged prixe-fixing scheme employed by Morgan Stanley and KeySpan that overcharged New Yorkers for electrictity while garnering Morgan Stanley and KeySpan $21.6 million. Senator Gianaris believes that the Department of Justice's recommended fine of $4.8 million is inadequate.
A price-fixing scheme allegedly concocted by Morgan Stanley and KeySpan, and involving Astoria Generating Co., may have overcharged New Yorkers for electricity while garnering Morgan Stanley and KeySpan millions, according to published reports and two area politicians outraged at the scheme: Councilman Peter Vallone Jr. (D-Astoria) and state Sen. Mike Gianaris (D-Astoria).
The Queens Courier wrote an article about the Department of Justice's $4.8 million settlement with Morgan Stanley for their illegal pricing scheme, which cost ratepayers roughly $300 million. Senator Gianaris and other local politicians are pushing the Dept. of Justice to increase the fine, arguing that the current settlement is unacceptable and would allow Morgan Stanley to keep millions in profit.
Local elected officials are expending “energy” to ensure Morgan Stanley doesn’t get a quick “fix” to its illegal pricing ploy.
City and State wrote an editorial that talks about the upcoming release of New York state's new lines for election districts. Senator Gianaris believes that LATFOR's redistricitng process is nothing more than a political power play.
It was one of the last of the group’s dozens of public hearings before drafting new lines for election districts. Dilan, representing the Senate Democratic Conference on the task force, was upset about a memo from a Senate Republican lawyer that advocated for a 63rd Senate seat. The memo had been placed on the LATFOR website late on a Friday, with no Democratic input.
An editorial written by Capital discusses the looming release of LATFOR's redistricing lines and the possibility that Governor Cuomo will veto the redistricting proposal. According to Senator Gianaris, LATFOR's inability to propose district lines that are fair will likely necessitate court involvement.
This week, the lawmakers running the redistricting process are expected to reveal the lines they came up with. (A lawmaker told me they may release Assembly and Senate lines as soon as today, but not congressional ones.)
The New York Daily News article discusses the state Senate Republican's proposal for new districting lines that combines four Queens districts into two. Senator Gianaris believes that the Senate Republican's ploy further demonstrates why the redistricing process needs improvement.
The state Senate GOP majority wants to merge four Queens districts currently held by Democrats into two — and one is held by the chair of the Democratic Senate Campaign Committee.
Michael Gianaris, whose position makes him a main architect of Democratic campaign strategy in the Senate, would face a reelection dogfight against a Latino incumbent, Jose Peralta, in a heavily Latino district, sources said.
Capitol Confidential posted an article that highlights the many issues resulting from the state Senate Republican's redistricting proposal, which Senator Gianaris feels should not be tolerated by the people of New York.
Because we’re expecting several of them, we’re posting a separate React-o-Mat to corral statements from Senate Democrats ticked off by the release of LATFOR’s maps.
From Sen. Mike Gianaris, in a phone interview with Jimmy:
“I spent over five years making the case for an independent redistricting, and in five years I did not accomplish as much for the cause as Senate Republican’s did today. It’s about as bad — partisan, political — as you could imagine.”