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Albany Watch

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Bruno Ends Consulting Job

December
21

After coming under fire for the business arrangement, Senate Majority Leader Joseph Bruno said this afternoon that he will end his employment with a Connecticut-based investment firm.
An article earlier this month in the New York Times said that firm, Wright Investors’ Services, handles millions of dollars of business for New York labor unions. Bruno’s employment with the firm dates back to the mid-1990s.
Bruno has refused to discuss his role with the firm. Bruno’s outside financial interests are also under federal investigation.
“After several weeks of discussion, Wright Investors’ Service and I have mutually agreed to end our relationship,” Bruno said in a statement. “The relationship was formally ended on December 17, 2007.
“I have done so because the focus on my outside interests has taken attention away from more pressing issues such as our efforts to address the critical needs of our State going forward.”

This entry was posted on Friday, December 21st, 2007 at 3:25 pm by Joseph Spector.
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A behind-the-scenes look at state government and politics from the Capitol bureau of Gannett News Service.
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About the authors
Jay GallagherJay Gallagher has covered Albany for Gannett News Service since 1984 and has been Albany Bureau chief since 1989. He`s a native of the Boston area and likes to point out that in this millennium, the score is Red Sox 1 championship, the Yankees 0.
Cara MatthewsCara Matthews has been a statehouse correspondent in the Albany Bureau since August 2005. Prior to that, she covered Putnam County government and politics at The Journal News for nearly five years. Before that, she worked at newspapers in Connecticut and covered the state Legislature for one of them.

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