clear
Monday August 21st, 2017 12:26AM

Billionaire suggests black senator worse than Ku Klux Klan

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 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, an apparent reference to the white headgear of the Ku Klux Klan, 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 quickly denounced Loeb's comments.

"These comments were deeply hurtful and offensive and there is no place for this type of rhetoric in any discourse — political or otherwise," Cuomo said in a statement.

Stewart-Cousins' spokesman Mike Murphy 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," Murphy said. "This whole episode speaks volumes about the state of our politics right here in New York."

Loeb's Facebook post was in response to a story in The New York Times earlier this week on the ongoing tension among 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 screenshot 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," 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.
Judge considers dropping case against Taylor Swift
The judge in the groping trial between Taylor Swift and a former radio host sent jurors home early Friday as he weighed whether to dismiss the DJ's claims that the singer ruined his career.
5:52PM ( 10 minutes ago )
Billionaire suggests black senator worse than Ku Klux Klan
A billionaire hedge fund executive has apologized for an online post saying a black New York state senator has done "more damage to people of color than anyone who has ever donned a hood."
5:45PM ( 17 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
5:44PM ( 17 minutes ago )
Associated Press (AP)
Fire blocks route for dozens in Glacier National Park chalet
A wildfire has cut off the return route of dozens of hikers staying in a Glacier National Park backcountry chalet
5:18PM ( 43 minutes ago )
Kenyatta declared winner of disputed Kenya presidential vote
Kenya says President Uhuru Kenyatta wins 2nd term; opposition calls it 'charade'
5:15PM ( 47 minutes ago )
APNewsBreak: Beyond bluster, US, NKorea in regular contact
Beyond the bluster, the U.S. has been quietly engaged in ongoing diplomatic communications with North Korea over the last several months, The Associated Press has learned.
4:45PM ( 1 hour ago )
AP National News
Renovations underway at the White House
The White House is undergoing a major face lift while President Donald Trump is out of town
3:46PM ( 2 hours 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
3:40PM ( 2 hours ago )
Senate GOP rallies behind McConnell in feud with Trump
Senate Republicans are rallying in support of Majority Leader Mitch McConnell, pushing back against the onslaught of criticism from President Donald Trump of his top Senate partner
3:24PM ( 2 hours ago )
AP Online National News
The Latest: Trump says Merkel doesn't speak for US on NKorea
President Donald Trump says German Chancellor Angela Merkel does not speak for the U.S. on North Korea
4:23PM ( 1 hour ago )
The Latest: Trump tells NKorea's Kim he'll regret any action
President Donald Trump says North Korea's leader will "regret it fast" if he threatens or acts against Guam, or any other U.S. territory or ally
3:46PM ( 2 hours ago )
GOP campaign operative encourages Kid Rock to run for Senate
The head of a major super PAC allied with Senate GOP leadership is encouraging Kid Rock to run for Senate against Democrat Debbie Stabenow
3:39PM ( 2 hours ago )
AP Online Headlines - Washington
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 ( 4 hours 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 ( 5 hours 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 ( 5 hours ago )
AP Online Congress News
Train collision in northern Egypt kills 43; 122 injured
Train collision in Egypt's port city of Alexandria kills 43 in country's deadliest rail accident in over a decade
4:13PM ( 1 hour ago )
Leaked email shows HBO negotiating with hackers
An email sent by HBO to a group of hackers shows the entertainment company expressed willingness to pay $250,000 to the hackers as they threatened to release electronic data swiped from HBO's servers
3:36PM ( 2 hours ago )
NBC moves 130 Premier League games to streaming service
NBC experiments by moving 130 Premier League games from cable to streaming service
2:52PM ( 3 hours ago )
AP Business
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 ( 8 hours ago )
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 ( 9 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 ( 10 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 ( 2 days ago )
AP Business - Financial Services
Judge considers dropping case against Taylor Swift
The judge in the groping trial between Taylor Swift and a former radio host sent jurors home early Friday as he weighed whether to dismiss the DJ's claims that the singer ruined his career.
5:52PM ( 11 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
5:44PM ( 18 minutes ago )
Sen. Jeff Flake working Arizona as he faces tough 2018 race
Republican Sen. Jeff Flake has spent the first part of the August congressional recess touring the U.S.-Mexico border, visiting a wildfire-scarred town in Arizona and giving a speech to business leaders
5:38PM ( 24 minutes ago )
Bills trade Watkins to Rams; get Matthews from Eagles
The Buffalo Bills have shaken up their roster with two separate trades, dealing starting receiver Sammy Watkins to the Los Angeles Rams and acquiring Jordan Matthews from Philadelphia
5:38PM ( 24 minutes ago )
The Latest: Judge mulls dropping case against Taylor Swift
The judge in the groping trial involving Taylor Swift and a former radio host has sent jurors home as he weighs whether to dismiss the DJ's claims that the singer ruined his career
5:37PM ( 25 minutes ago )