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Ever See A $5M Check?

July
8

Here’s Tom Golisano, whose net worth is $1.8 billion ranking him #557 on Forbes billionaire list, showing off the $5 million check he plans to deposit in his new PAC.

Don’t expect the check to bounce.

golisanocheck.jpg

This entry was posted on Tuesday, July 8th, 2008 at 1:16 pm by Joseph Spector.
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6 Responses to “Ever See A $5M Check?”

  1. Anonymous

    Facts on Tom Golisano’s Political Action Committee (“PAC”):
    I. Tom Golisano Cannot Contribute More Than $150,000 to his “PAC”:
    The Election Law 14-116
    8. Except as may otherwise be provided for a candidate and his family, no person may contribute, loan or guarantee in excess of one hundred fifty thousand dollars within the state in connection with the nomination or election of persons to state and local public offices and party positions within the state of New York in any one calendar year. For the purposes of this subdivision “loan” or “guarantee” shall mean a loan or guarantee which is not repaid or discharged in the calendar year in which it is made.
    II. Tom Golisano may not spend more than $6,000 in the primary on behalf of Joe Mesi either individually or in coordination between Golisano’s “PAC” and Mesi’s Campaign:
    The Election Law 14-100
    9. “contribution” means:
    (3) any payment, by any person other than a candidate or a political committee authorized by the candidate, made in connection with the nomination for election or election of any candidate, or any payment made to promote the success or defeat of a political party or principle, or of any ballot proposal including but not limited to compensation for the personal services of any individual which are rendered in connection with a candidate’s election or nomination without charge; provided however, that none of the foregoing shall be deemed a contribution if it is made, taken or performed by a candidate or his spouse or by a person or a political committee independent of the candidate or his agents or authorized political committees. For purposes of this article, the term “independent of the candidate or his agents or authorized political committees” shall mean that the candidate or his agents or authorized political committees did not authorize, request, suggest, foster or cooperate in any such activity; and provided further, that the term contribution shall not include:

    III. Steve Pigeon, a Golisano confidant, is an Agent of candidate Joe Mesi:

    “Mesi, who is famous for his boxing career, is close to Pigeon, who is playing a major behind the scenes role in the Mesi campaign.” –The Capitol 7/1/2008

    “Given that Mesi is championed by former Erie County Democratic Chairman Steve Pigeon…” – Buffalo News 4/6/2008

    “Mesi is connected to former Erie County Democratic Chair Steve Pigeon…” – The Capitol 3/10/2008

    “[F]ormer Chairman Steve Pigeon burst onto the crucial State Senate scene with a famous candidate like boxer Baby Joe Mesi…” –Buffalo News 3/9/2008

    “If Mesi makes the move, he brings instant name recognition and the network of former Erie County Democratic Chairman Steve Pigeon, his political godfather.” –Buffalo News 2/17/2008

    “Mesi said he has been encouraged by former county Democratic Chairman G. Steven Pigeon, a close family friend who has often mentioned the boxer as a future candidate for office. ‘Through Steve, I’ve talked to all the big players in Albany,’ said Mesi, adding that he has also discussed his candidacy with local minor party leaders.” – Buffalo News 2/14/2008

    IV. Steve Pigeon has authorized, requested, suggested, fostered and cooperated in the activities of the “PAC”:

    “Steve Pigeon, who will be running the operation funded by Golisano…” –Capitol Confidential 7/7/2008

    V. Did candidate Joe Mesi authorize, request, suggest, foster or cooperate in any way with Tom Golisano?

    “[Golisano]’s spoken with Kathy Konst, “Baby Joe” Mesi, and Rick Dollinger…” – Capitol Confidential 7/8/2008

    VI. Because Golisano’s “PAC” will not be independent of candidate Joe Mesi, it must comply with the contribution limits for a State Senate race:

    The Election Law Section 14-114 and section 6214.0 Rules and Regulations, for 2008 limit such contributions as follows:

    State Senate Primary $6,000
    State Senate General $9,500

  2. the consultant

    actually I have seen a five million dollar check
    it was from seagrams to my family for scotch!

  3. ed1

    Trump could do himself a service by seeking out this guy’s barber and setting him to work.

  4. WaltTrombone

    I got a check bigger than that from Publisher’s Clearing House just a little while ago.

  5. ed1

    I’ve seen a five million dollar czeck, too – Jaromir Jagr

  6. the consultant

    I pay 20 bucks for a haircuit..unlike johnny edwards

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