New York Pension Scandal

The Times profiles Hank Morris and provides some background on the pension scandal gripping New York.

Though fleeting, Mr. Morris’s work about 10 years ago for Bear, the now-defunct Wall Street investment house, offers an early, inside glimpse of how he became a pre-eminent practitioner of the art of access capitalism. Over the years, his public profile was that of a leading New York campaign consultant — a guru sought after by marquee Democrats nationwide. But below the radar, Mr. Morris increasingly gravitated toward more lucrative activities, parlaying his political relationships to bolster a portfolio of private business interests.

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