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                                       politics + culture

Sunday, May 13, 2007

Giuliani Partners: secrecy and shady characters

John Solomon and Matthew Mosk at the Washington Post take a much-needed look at GOP Candidate, Rudy Giuliani's private firm, Giuliani Partners, and how it has quietly made him tens of millions of dollars:

On Dec. 7, 2001, nearly three months after the terrorist attack that had made him a national hero and a little over three weeks before he would leave office, New York Mayor Rudolph W. Giuliani took the first official step toward making himself rich.[...]

Over the next five years, Giuliani Partners earned more than $100 million, according to a knowledgeable source, who spoke on the condition of anonymity because the firm's financial information is private. And that success helped transform the Republican considered the front-runner for his party's 2008 presidential nomination from a moderately well-off public servant into a globe-trotting consultant whose net worth is estimated to be in the tens of millions of dollars.[...]

Famously loyal, Giuliani chose as his partners longtime associates, including a former police commissioner later convicted of corruption, a former FBI executive who admitted taking artifacts from Ground Zero and a former Roman Catholic priest accused of covering up sexual abuse in the church.

Secrecy and dealings with shady characters are, of course, Rudy Giuliani's right as a private citizen, but they are perhaps incompatible with the public's right to a full examination of the character and career of a candidate for President.

In a nutshell, Solomon and Mosk's investigative reporting shows that Giuliani belongs to the Dick Cheney school of corporate secrecy and executive prerogative. That's hardly a surprise given Mr. Giuliani's reputation, but, in 2007, that should give anyone pause.



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