clear
Friday August 18th, 2017 2:49AM

NYC billionaire suggests black NY senator is worse than KKK

By The Associated Press
Related Articles
  Contact Editor

ALBANY, N.Y. (AP) — A billionaire hedge fund manager has apologized for an online post saying that a black New York state senator has "done more damage to people of color than anyone who has ever donned a hood" because of her support for teachers unions.

Daniel Loeb issued a statement saying he regrets the language he used in the Facebook post about Senate Minority Leader Andrea Stewart-Cousins, a Yonkers Democrat. The post was an apparent reference to the white headgear of the Ku Klux Klan. It was deleted late Thursday.

Loeb, the CEO of the investment firm Third Point, is a top donor to Democratic Gov. Andrew Cuomo and many other politicians. He is a leading supporter of charter schools.

"I regret the language I used in expressing my passion for educational choice," he said in his statement about the post, emailed to The Associated Press on Friday morning. "I apologize to Sen. Stewart-Cousins and anyone I offended."

Cuomo and other Democrats had denounced Loeb's comments.

"We have no connection with these comments whatsoever and in our opinion they are entirely inappropriate and have no place in the public discourse," said Cuomo spokesman Rich Azzopardi.

Mike Murphy, a spokesman for Stewart-Cousins, said there was "no place in our discourse, political or otherwise, for these dangerous words.

"Daniel Loeb should be utterly ashamed of his disgusting statements. This whole episode speaks volumes about the state of our politics right here in New York," Murphy said.

Loeb's Facebook post was in response to a story in The New York Times earlier this week on the ongoing tension between Cuomo, mainline Democrats and a Democratic Senate faction led by Sen. Jeff Klein of the Bronx who broke ranks with the party to empower Republicans, who now control the Senate. The story detailed an exchange between Stewart-Cousins and Cuomo in which Cuomo suggested that Klein had a better grasp of suburban issues than mainline Senate Democrats.

"You look at me, Mr. Governor, but you don't see me," Stewart-Cousins told Cuomo in response, according to the article. "You see my black skin and a woman, but you don't realize that I am a suburban legislator. Jeff Klein doesn't represent the suburbs. I do."

While Loeb deleted his remarks, The Times reported the text and the AP obtained a screen shot of the post.

"Thank God for Jeff Klein and those who stand for educational choice and support Charter (sic) funding that leads to economic mobility and opportunity for poor knack kids," the post read. "Meanwhile hypocrites like Stewart-Cousins who pay fealty to powerful union thugs and bosses do more damage to people of color than anyone who has ever donned a hood."

Klein, another recipient of Loeb contributions, also distanced himself from the remarks.

"The statements are wrong and have to be repudiated. I dissociate myself from such statements," he said in a statement.

  • Associated Categories: Associated Press (AP), AP National News, AP Online National News, Top General short headlines, AP Online Headlines - Washington, AP Online Congress News, AP Business, AP Business - Industries, AP Business - Financial Services
© Copyright 2017 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Bodyguard: I saw DJ reach under Taylor Swift's skirt
A former bodyguard for Taylor Swift has said he saw a DJ she accuses of groping her reach under the singer's skirt during a 2013 pre-concert meet and greet photo session
1:54PM ( 10 minutes ago )
Trump warns US 'locked and loaded' as North readies missiles
President Donald Trump tweets that the U.S. military is "locked and loaded" as he warns North Korea against threatening the U.S.
1:52PM ( 11 minutes ago )
NYC billionaire suggests black NY senator is worse than KKK
A billionaire hedge fund executive has apologized for suggesting that a black New York state senator has done "more damage to people of color than anyone who has ever donned a hood."
1:48PM ( 16 minutes ago )
Associated Press (AP)
Soggy New Orleans looks warily at more rain, possible floods
Flood-weary residents of New Orleans are on edge as the city scrambles to fix its malfunctioning water-pumping system and the governor declares a state of emergency in the city
1:28PM ( 36 minutes ago )
Fear spreads over tainted eggs despite low risk to consumers
Fears over tainted eggs spread across Europe despite experts saying health risks are low
1:24PM ( 40 minutes ago )
Los Angeles poised to take another step toward 2028 Games
The city appears poised to take another step toward bringing the 2028 Olympics to Los Angeles, despite questions about future costs
12:57PM ( 1 hour ago )
AP National News
NYC prepared for president's return to Trump Tower
Donald Trump is planning to come home to Trump Tower for a few days starting Sunday
11:04AM ( 3 hours ago )
EU plans talks as egg scandal hits 17 countries
The EU is planning an extraordinary meeting next month over the tainted egg scandal as products contaminated with an insecticide spread to 17 countries
9:03AM ( 5 hours ago )
10 Things to Know for Today
Among 10 Things to Know: Poll shows most favor fixing, not scrapping, 'Obamacare'; Taylor Swift takes stand at sex assault trial; Jordan Spieth rebounds after shaky start at PGA Championship.
8:37AM ( 5 hours ago )
AP Online National News
The Latest: Heated rhetoric on NKorea alarms global leaders
An escalating exchange of provocative rhetoric between the United States and North Korea is alarming international leaders
1:19PM ( 45 minutes ago )
The Latest: Dem wants legislation prohibiting nuclear strike
A Democratic congressman wants the House to reconvene from its summer recess to consider legislation prohibiting a pre-emptive nuclear strike against North Korea.
12:54PM ( 1 hour ago )
Resistance leaders play long game, dismiss impeachment talk
The anti-Trump resistance movement leaders say they have little interest in clamoring for the president's impeachment over his campaign's ties to Russia
12:45PM ( 1 hour ago )
AP Online Headlines - Washington
Experimental defense unit funds new tech but faces skeptics
President Donald Trump's administration is endorsing a Barack Obama-era effort enlisting startup companies to develop solutions for the military's toughest technology challenges
10:04PM ( 16 hours ago )
Trump suggests Senate GOP leader must deliver or step aside
President Donald Trump is suggesting that Senate Majority Leader Mitch McConnell might have to think about stepping aside if he doesn't deliver on the president's agenda of health care, taxes and infrastructure
9:38PM ( 16 hours ago )
The Latest: Trump escalates feud against Senate leader
President Donald Trump is escalating his feud against Senate Majority Leader Mitch McConnell
8:07PM ( 17 hours ago )
AP Online Congress News
Bills trade Watkins to Rams; get Matthews from Eagles
Eagles trade receiver Jordan Matthews, draft pick to Bills for cornerback Ronald Darby
1:25PM ( 39 minutes ago )
The Latest: Report: Egg scandal suspect denies involvement
Dutch media are reporting that a suspect in Europe's contaminated egg scandal
12:57PM ( 1 hour ago )
Snap stock hits lowest level since IPO after paltry earnings
Shares of Snap Inc. are down sharply following paltry earnings results
11:52AM ( 2 hours ago )
AP Business
North Korea tensions continue to weigh on global stocks
Global stock markets have slumped as President Donald Trump's bellicose remarks on North Korea prompted investors to unload shares in companies that have been on the rise
8:31AM ( 5 hours ago )
The Latest: EU plans egg scandal talks, next month
The EU says it wants to hold an extraordinary meeting late next month to discuss the egg contamination scandal
7:57AM ( 6 hours ago )
Downward dog meet jumping goat: Goats invade yoga classes
Yoga classes are inserting curious and silly goats into normally calm yoga sessions
7:02AM ( 7 hours ago )
AP Business - Industries
Study says Trump moves trigger health premium jumps for 2018
Trump administration moves are triggering double-digit premium increases on individual health insurance policies purchased by many people _ according to a new analysis by the Kaiser Family Foundation.
11:23AM ( 1 day ago )
Study: Trump actions trigger health premium hikes for 2018
Study: Trump administration actions are triggering double-digit premium increases for next year on individual health insurance policies
3:37AM ( 1 day ago )
Insurer: Miami is more vulnerable to hurricanes like Andrew
Almost 25 years after Hurricane Andrew struck south of Miami, a new insurance underwriters' analysis says the city's vulnerability to another Category 5 hurricane has grown exponentially
5:22PM ( 1 day ago )
AP Business - Financial Services
Bodyguard: I saw DJ reach under Taylor Swift's skirt
A former bodyguard for Taylor Swift has said he saw a DJ she accuses of groping her reach under the singer's skirt during a 2013 pre-concert meet and greet photo session
1:54PM ( 10 minutes ago )
Trump warns US 'locked and loaded' as North readies missiles
President Donald Trump tweets that the U.S. military is "locked and loaded" as he warns North Korea against threatening the U.S.
1:52PM ( 12 minutes ago )
DeVos say school vouchers part of tax overhaul discussions
Education Secretary Betsy DeVos says the possibility of a federal tax credit school voucher program is "certainly part of our discussion" around a broader tax overhaul
1:45PM ( 20 minutes ago )
Dallas RB Ezekiel Elliott suspended 6 games in domestic case
Cowboys running back Ezekiel Elliott has been suspended for six games after an NFL investigation of his domestic violence case out of Ohio
1:36PM ( 29 minutes ago )
First US woman to summit K-2 in Pakistan says she's 'proud'
First American woman to scale world's second-highest mountain, K-2 summit in Pakistan, says it was a 'proud moment'
1:33PM ( 31 minutes ago )