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Bernard L. Madoff

Property Developers and NSW Governence

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The Premier State? How about Centre of Corruption on numberplates instead?

http://www.theaustra...o-1225806788406

For the second time in 15 months, a NSW premier has been executed by Labor, not for doing the wrong thing, but for doing the right thing.In the case of Morris Iemma, it was a reform program to secure the electricity supply of NSW.

For Rees, it was a crazy-brave attempt to deflate perceptions of a "mates" culture in NSW Labor, by cutting the feeding tube to the development industry.

This was a two-pronged political strategy designed to get Labor back in the game. First, donations from developers would be banned. Second -- and this was the brave bit -- Joe Tripodi would be dumped from cabinet, not for any failures as a minister but because of perceptions he and Eddie Obeid were a conduit between the government and developers looking for favours.

"A malign and disloyal group well-known to the NSW community has made the business of government almost impossible," he said.

"Should I not be premier by the end of this day, let there be no doubt in the community's mind, no doubt, that any challenger will be a puppet of Eddie Obeid and Joe Tripodi."

http://www.smh.com.a...91203-k8up.html

KNOWN as He Who Must Be Obeyed, Eddie Obeid is the most powerful politician in the state, yet a check of parliamentary records show the 66-year-old backbencher has not made a single speech in Parliament for the past seven years.

The mystery for NSW voters is how the wordless Obeid and his equally controversial right-wing colleague, Joe Tripodi, wield such extraordinary power that they can make - and unmake - premiers.

Thin-lipped with fury yesterday, Nathan Rees said of the duo: ''Should I not be Premier by the end of this day, let there be no doubt in the community's mind, no doubt, that any challenger will be a puppet of Eddie Obeid and Joe Tripodi.''

If the ferocity of his words by some miracle escaped his party or NSW voters, he repeated the sentence word for word.

The power of Obeid and Tripodi stems from their ability to ''branch stack'' - that is, muster foot soldiers to become members of ALP branches.

In 1996, for instance, Tripodi delivered almost $7000 to ALP headquarters to stack a branch in south-west Sydney. With that money, he was able to pay for 500 new memberships.

By controlling Labor Party branches, the pair can determine who is preselected for local councils and for Parliament.

Their reputations as ''can do'' men also encourages business figures and developers to make donations to Labor through them. And with money comes power.

Labor ministers have told the Herald that the pair have threatened their ministries in the past, and even their seats, for perceived disloyalty to the backroom men.

Through their vice-like hold over the party, they have also withstood controversies that would have destroyed the careers of less powerful people.

Eddie Obeid's reputation as a wheeler-dealer extraordinaire has long been a worry to Labor. A former cab driver turned property developer and ethnic press barron, he pulled off an amazing deal in the fortnight before becoming an MP in 1991.

Having bought a property in Clovelly for $875,000 on Wednesday, the very next day he had sold it to the Housing Department for $1.1 million.

In 1994, Obeid found himself in business with Paul Keating's controversial piggery partner, Al Constantinidis, for whom Obeid went guarantor on a million-dollar loan.

He also joined the late disgraced stockbroker Rene Rivkin to buy the Offset Alpine printing press from Kerry Packer. Investors in the company reaped a small fortune when the overinsured printing premises were destroyed by fire in 1993.

Quite separately, Obeid has had bad luck with fires - two of his premises and two houses have gone up in flames.

The accident-prone Tripodi, 42, has the backing of powerful figures including the property developer Pat Sergi, who was named in the Woodward royal commission as a key member of the Griffith mafia. While an MP, Tripodi had shares in Sergi's company, which bought and sold government land, including Housing Department property.

Over the years Tripodi has been referred to the Independent Commission Against Corruption several times: for his shareholding in Sergi's company; his alleged sexual assault of a Democrat staffer; his personal friendship with Joe Scimone, a former Wollongong Council officer against whom corruption allegations had been made and who was appointed to a position within Tripodi's portfolio; and over his alleged involvement in the Orange Grove affair. In each case ICAC found no evidence of wrongdoing by Tripodi.

One minister likened the betrayal, treachery and naked ambition - revealed so starkly by yesterday's events - to the fall of the Roman Empire.

So damaging is the battle between Left and Right that the Labor caucus Christmas party was cancelled last night ''because we did not think we could be civilised enough not to come to blows with one another'', a minister said.

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Wow. Great article thanks Tinman.

We should get Martin Scorcese down to make a movie about this country.

Studying hard and getting a good job is for losers.

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Wow. Great article thanks Tinman.

We should get Martin Scorcese down to make a movie about this country.

Studying hard and getting a good job is for losers.

Only if you consider multiple-mortgage holders winners.

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Only if you consider multiple-mortgage holders winners.

Well they're not exactly losers yet are they. :)

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The Premier State? How about Centre of Corruption on numberplates instead?

After 14 years of waste and corruption, the current situation if an even bigger reflection of the pathetic Liberal opposition. They should have won power years ago.

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It's like they are trying to snatch defeat from the jaws of defeat wacko.gif

I've always voted for, or given my preference to labor, so you could call me reasonably rusted on, but with this lot I might have to do the unthinkable and preference the Liberals at the next state election, and I'd have to agree with cobran that I think that they are pretty much unelectable themselves. Barry O'Farrell might come accross as a moderate, but it's the other nutters behind him that worry me, but I think they may be worth enduring just to rid ourselves of scum like Tripodi & Obeid.

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I like this fire 'problem' and links to organised crime. Saccy is right we need Scorcese over to make a movie.

In 1994, Obeid found himself in business with Paul Keating's controversial piggery partner, Al Constantinidis, for whom Obeid went guarantor on a million-dollar loan.

He also joined the late disgraced stockbroker Rene Rivkin to buy the Offset Alpine printing press from Kerry Packer. Investors in the company reaped a small fortune when the overinsured printing premises were destroyed by fire in 1993.

Quite separately, Obeid has had bad luck with fires - two of his premises and two houses have gone up in flames.

The accident-prone Tripodi, 42, has the backing of powerful figures including the property developer Pat Sergi, who was named in the Woodward royal commission as a key member of the Griffith mafia. While an MP, Tripodi had shares in Sergi's company, which bought and sold government land, including Housing Department property.

Over the years Tripodi has been referred to the Independent Commission Against Corruption several times: for his shareholding in Sergi's company; his alleged sexual assault of a Democrat staffer; his personal friendship with Joe Scimone, a former Wollongong Council officer against whom corruption allegations had been made and who was appointed to a position within Tripodi's portfolio; and over his alleged involvement in the Orange Grove affair. In each case ICAC found no evidence of wrongdoing by Tripodi.

Makes one wonder about McGurk and those vague Labor links.

NSW can not re-elect this garbage.

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We should get Martin Scorcese down to make a movie about this country.

A special role should be given to the ex Minister for Housing who owns 14 properties. He definitely would independent without any vested interests in discharging his responsibilities in his role! biggrin.gifangry.gif

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Time to re-visit this thread, thanks to the ex NSW Minister for Good Governance - Eddie Obeid.

 

Eddie Obeid’s daughter flogging $2.3 million house in Hunters Hill

 

What intrigues me is this:

 

 

...Last October Gerard Obeid and his wife Gwenda quietly sold their nearby home on Jeanneret Street for $2,615,000, having bought it in 2011 for $2.5 million....

 

So it only rose $100K in 3-4 years, whilst Sydney boomed? Something doesn't seem right even if they overpaid for the property.  :sly:

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