Did Cuomo and his lawyer, Glaser, reach their level of incompetence at HUD with $76 Billion in missing money? ~ Peter Principle
|Where the $76 billion dollars went|
"In fiscal year 1998, HUD had “undocumentable adjustments” of $17 billion: that is, $17 billion could not be accounted for. In fiscal 1999, HUD announced that it required $59 billion of “undocumentable adjustments” to balance the books and that it would not provide audited financial statements as required by law."
The "compassionate" Cuomo did not want those taking any of the $59 billion to suffer a government witch hunt and so, "Cuomo did not order the HUD Inspector General to investigate the reason for the missing billions or to try to get the money back."
Who's watching Howard Glaser and our money this time?