No, not that one.
This is the Triangle Trade run by Speaker of the New York Assembly, Sheldon Silver.The triangle was between a doctor, a law firm, and Silver’s bank accounts.What a clever scheme.No wonder he was the speaker for the past 20 years.Shelly landed himself a $120,000 per annum side job (a non-job, really) with a personal injury law firm. The firm sought people with mesothelioma… a disease caused by asbestos…because the potential settlements were huge and the practice was awarded the customary 30%.It was a gold mine. They even ran TV solicitations for more afflicted clients.Columbia University had a doctor and researcher who specialized in mesothelioma. People with the dreaded disease flocked to him.Shelly did the math.He worked out a special deal with the doctor.The Doctor would refer his patients to the law firm in exchange for secretly funneled state grants.The good doctor obliged and was happy.The plan provided the firm with valuable clients and their lucrative civil suits.The lawyers were happy.The speaker received millions in commissions from the law firm, which made him happy.And we haven’t even talked about the extortion, the tax evasion, or the real estate scams.Mr. Silver faces many decades of prison time.The prediction here is he’ll get somewhere between a token punishment or less.That 2 party club that calls itself New York State’s government likes to keep a hazy, soft-edge on political propriety, ethical regulations, and convenient escape hatches.The citizens shouldn’t be happy.