Money for Nothing

seabrook.jpg

After a number of stories last year (here, here, and here) pointing to a common scam perpetrated by candidates running against token opposition, the city's Campaign Finance Board finally issued a report this week on the 2005 elections addressing a little problem with the way they give away money.

Under current rules, candidates may file a Statement of Need with the CFB, allowing them to collect matching funds for their campaigns even if their challengers haven't raised a single dollar. It's a way of ducking a measure built in to the system to limit money given to candidates who don't need it.

Take the example of Bronx Councilman Larry Seabrook last year.

Seabrook essentially pumped up his opponent's credentials, saying that the challenger "has the backing of Mayor Bloomberg's high-spending mayoral re-election campaign."

After sending that letter, which allowed him to collect more than $70,000, Seabrook promptly endorsed Bloomberg.

-- Azi Paybarah CORRECTION: The original post said that Seabrook used most of the matching funds he receieved to pay his own brother for working on the campaign.

What this filing actually shows is that Seabrook's brother is owed (Schedule N) tens of thousands of dollars, but was paid only a fraction of that (Schedule F). Furthermore, as a lawyer for Seabrook called to point out, his brother was paid with private contributions, not the matching funds.

Additional fundraisers will be held to pay him the rest, the lawyer said.

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Comments
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ANONYMOUS (not verified) says:

Check out how many other members put their relatives on the payroll. Look at Sears-she put her sons, including the inept Stuart on, as well as her daughter inlaw. Stuart almost screwed up her matching funds, and has never been able to hold a real job. He's also responsible for alienating her staff.

Anonymous says:

Azi - don't try to take credit for this - the CFB raised it in previous reports. Only the City Council can change the law.

Anonymous says:

That's a really good gig if you can get it... I think Seabrook paid his more for "fundraising services" than he actually raised... outrageous!

Anonymous says:

Can someone please tell me how Seabrook has not managed to get indicted over the years. He is unbelievable.

anonymous (not verified) says:

that's andrew "reformer" cuomo backer larry seabrook, just in case anyone cares.

anon (not verified) says:

eva moskowitz hired her lawyer husband as a legal advisor. i do not think the media chose to focus on this. i guess being a white manhattan " liberal" gives you a pass from the media assuming you are doing something that is questionable.

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