Federal investigators have issued subpoenas to pension funds linked to union locals in the New York district of Senate majority leader Joseph Bruno. Officials charge that unions have invested millions of dollars with an investment firm that has the senator on its payroll, possibly in exchange for political favors. Although Bruno has not been formally charged, questions regarding his affiliation with the firm have been mounting over the last two years. It has not been disclosed the exact nature of Bruno's employment with the firm, Wright Investors' Service.
See "Investigation Into Bruno Broadens", Danny Hakim, The New York Times, February 3, 2008