Written by Howard Weitzman Thursday, 10 October 2013 00:00
Threat of lawsuit, made at public expense, aims to silence political opposition
Former Nassau County Comptroller Howard Weitzman announced that he received a letter from the law firm Edwards Wildman Palmer LLP, at the behest of the Nassau County Attorney’s Office, threatening a lawsuit unless he retracts a complaint he filed with the Securities and Exchange Commission. The complaint, based on an investigative piece published by the Wall Street Journal, highlights evidence that Comptroller George Maragos’s annual financial report is misleading and that the County Attorney’s office colluded with a partisan Republican judge to ‘cook the books’ and misrepresent the county’s financial condition on the annual financial report.
“It is a new low for Mr. Maragos to use taxpayer dollars to hire an attorney to threaten his political opposition,” said Weitzman. “I have asked the SEC to look at the way Mr. Maragos and the administration manipulated county finances to claim that the county ended the year with a ‘miraculous’ surplus, when in fact the county has gone deeper into debt.”
This is the third attempt Republican leaders in Nassau County have made to keep Weitzman from disclosing the truth about the county’s financial reports. This month alone, Weitzman was twice denied the opportunity to testify at public hearings, even though the hearing notices explicitly stated that there would be time for public comment.
The thrust of Weitzman’s complaint is that Maragos and other county leaders misrepresented the county’s financial condition, thus misleading the public and county bond holders. The county’s 2012 official financial report prominently touts a surplus that is a total work of fiction. On the last business day of 2012, County Attorney John Ciampoli sought a controversial and highly unusual court order to push outstanding property tax refunds from 2012 to 2013, in order to make the county appear to have a budget surplus on its 2012 annual financial report, the last annual financial report before Maragos and County Executive Ed Mangano face re-election. Maragos has repeatedly defended the surplus, which he called “like a miracle,” noting that auditors have certified his report. Auditors never certified the claim of a budgetary surplus.
“Every CPA knows that you cannot hide behind the old ‘the auditors certified it, so it’s correct,’ line,” said Weitzman. “The county’s financial statements are the responsibility of the Comptroller, not outside auditors. Even so, auditors also certified statements by Enron, WorldCom, and Lehman Brothers before their misdeeds were exposed.”
The threatening letter received by Weitzman alleges that his complaint could have “the potential to seriously affect the County’s ability to obtain financing in the near future.” This claim is patently absurd because the only way the complaint could affect the county’s ability to obtain financing would be if the SEC finds that the financial statements falsely masked the County’s 2012 deficit. In that case, Weitzman’s concerns would be validated.
Counsel for Mr. Weitzman submitted a letter responding to the outside counsel hired at the behest of Mr. Maragos. In the letter, Weitzman’s attorney contends: “We will seek sanctions and attorneys fees in the event that you commence a frivolous lawsuit against Mr. Weitzman. We will be glad to use that opportunity to conduct discovery and expose the truth behind the ‘voodoo accounting’ upon which Mr. Maragos’ ‘miraculous’ surplus is based.”
County legislators have started to ask questions about the cost and appropriateness of Ciampoli’s actions. Concerns have been raised about whether it is appropriate to hire lawyers at public expense to intimidate critics of the administration.
Saturday, 26 July 2014 00:00
Starting July 26, the St. Kilian Roman Catholic Church in Farmingdale will feature a production of the hit musical, The Wizard of Oz.
Based on a classic tale—first penned as a children’s novel by L. Frank Baum in 1900 and later transformed into a major motion picture by Metro-Goldwyn Meyer in 1939— The Wizard of Oz tells the story of a girl named Dorothy Gale, played by Zoe Neyer, and her dog Toto, who after being thrown into a twister end up in the Land of Oz.
Trying to find her way home, Dorothy meets Glinda the Good Witch of the North, played by Angela Roedig, who instructs her to “follow the Yellow Brick Road.”
Friday, 25 July 2014 00:00
Farmingdale females were out in force on July 12, to represent their hometown at the 31st annual Long Island Women’s 5 kilometer run sponsored by the Runner’s Edge and the Greater Long Island Running Club.
Bob Cook, who owns the Runner’s Edge shoe and sports apparel store on Main Street, said that attendance at this year’s race was the highest in the race’s history, with more than 500 women competing for the grand prize.
According to Cook, over the years, the race has attracted the likes of world-class runners and Olympians from all over the state, racing for the $500 grand prize.
Thursday, 24 July 2014 00:00
Throughout the summer, the Farmingdale Observer will feature the box scores from the Farmingdale Baseball League Inc.’s 9/11 Baseball Tournament.
Plainedge 12 - Island Trees 2 (9UB)
Ozone Howard Huskies 14 - Wantagh Hawks 1 (9UA)
Thursday, 24 July 2014 00:00
The Farmingale Devils Travel Baseball teams were in action during The 4th of July weekend and provided fireworks in two different states.
The 11U Devils won their third tournament this year. They traveled to Connecticut for the fourth of July tournament. The Devils lost game one on Saturday 7-5 to the Connecticut Defenders and won game two 17-0,The Devils advanced to the playoff round and would meet the Defenders again .The bats were on fire all day led by Big Joe Mcgrath and Nick Franco.The Devils beat the Defenders 11-5 and advanced to the championship to play the number one seed and undefeated Hit Club. The Devils jumped out to 4-2 to lead .The game was tied at 9-9 going to the 6th inning and the Devils would score 2 runs and hold on to win the tournament. The Devils had 52 hits and scored 44 runs,Big Joe had 4 doubles a triple, Nick Franco had 8 hits. Anthony Quatromani 8hits.Matt DiSanti drove in the last run in the championship game. Tim Dorman 6 hits. Patrick Quinn 5 hits and 6 stolen bases. Nick O'Connor 3 hits and 4 stolen bases. Kyle Gaertner 6 hits and was winner pitcher in championship game. Patrick Sanchez was the winning pitcher in semi-final game.