Bloomberg's 3-Tier Campaign Finance Structure

In motion papers filed yesterday, lawyers for indicted campaign worker John F. Haggerty, Jr., asserted that Mayor Michael Bloomberg's 2009 reëlection campaign had structured ''donation'' payments from the mayor's private bank accounts to the Independence Party, with the participation of Deputy Mayor Kevin Sheekey.

"Bloomberg's money went into the party's 'housekeeping account,' which is supposed to support only general party activities," reported Adam Lisberg from The Daily News.

Besides the millions that Mayor Bloomberg spent from his campaign committee account, he also has spent unknown millions from his personal (private) bank accounts, as well as having made millions of dollars in ''donations'' to charitable organisations in exchange for their political support in overturning the term limits law.

Here we begin to see clear evidence of a three-tiered campaign funding operation, where only one tier was ever meant to be disclosed or reported.

We like @billthompsonnyc, but is he really in the mayoral race to win it ? nyc-mayor-2013.blogspot.com/p/bill-thompso… : Financial reliance on @mikebloomberg

— Louis Flores (@maslowsneeds) February 18, 2013