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Jay-Z may have been involved in some corrupt deal with the Governor of New York.

Jay , the Governor and the Wall Street bankers over at AEG decided to pull some kind of scam, where they would secretly grant themselves the exclusive rights to a new casino in New York.
The NY Post is reporting that Jay-Z may have been involved in some corrupt deal with the Governor of New York. They say that Jay , the Governor and the Wall Street bankers over at AEG decided to pull some kind of scam, where they would secretly grant themselves the exclusive rights to a new casino in New York.
 

The NY Post is reporting that Jay-Z may have been involved in some corrupt deal with the Governor of New York. They say that Jay , the Governor and the Wall Street bankers over at AEG decided to pull some kind of scam, where they would secretly grant themselves the exclusive rights to a new casino in New York.

Here is the excerpt from the New York Post:

The governor's friendship with the hip-hop impresario is raising questions because of the latter's involvement with AEG, the consortium controversially selected to run a multibillion-dollar racino at Aqueduct Racetrack.

Paterson tabbed AEG in late January to turn the aging track into a slick gaming venue with 4,500 video slot machines.

But the deal is under federal investigation after questions were raised about the secret selection process.

Last Aug. 31, Jay-Z and his wife, Beyoncé, shared a podium with Paterson to announce that Jay-Z would stage a 9/11 benefit concert at Madison Square Garden.

In early September, AEG Chairman Richard Mays approached Jay-Z through his business partners and asked whether he would be interested in joining the consortium -- which at the time ranked last among six bidders seeking the lucrative project.

Within days, Jay-Z had agreed to take a 7 percent stake in AEG through one of his companies, Gain Global Investments Network LLC.

Jay-Z, 40, had long been interested in the project, sources said. In spring 2009, he'd begun talking with casino mogul Steve Wynn about joining Wynn's bid to operate the racino.

No deal was hammered out, and Las Vegas-based Wynn Resorts Limited, frustrated by the long review process and its murky rules, eventually bowed out.

"Paterson directly told Wynn he needed to have a minority partner, so he went and got Jay-Z. But when Wynn pulled out, Jay-Z was without a home," a source told The Post. "AEG went and grabbed Jay-Z after his deal with Steve Wynn fell through."
AEG jumped at the chance to recruit Jay-Z, who has become increasingly close to Paterson, sources said. The two dined together in June and hung out in the Hamptons.

After attending the 9/11 concert at Madison Square Garden as Jay-Z's guest, Paterson wrote to MTV: "I can personally attest to his commitment to New York and the impact he has on New Yorkers of all ages. He is most definitely deserving of the top-MC-of-2009 title."
AEG denies that it courted Jay-Z to win favor with the governor.
"Given [Jay-Z's] superstardom and his long and deep connection to New York, the partners thought he could bring a unique perspective to shaping a facility that would truly be an entertainment destination," AEG spokesman Jonathan Rosen said. "The partners were looking to bring in someone who could bring marketing and community advice to the team." -NY POST

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