Monday, January 23, 2012
Riverdale Review Editor Finally Admits that Congressman Engel and Councilman Koppell Helped Him Acquire Paper
Chris Bragg over at City Hall blog managed to get an answer to a question that people have been asking for nearly a decade -- who helped Andy Wolf acquire the Riverdale Review nearly two decades ago? The answer confirmed the long-standing rumors that Congressman Eliot Engel and Councilman Oliver Koppell were instrumental in his ability to acquire the paper. Earlier today Andy Wolf "acknowledged that in the mid-1990’s – when he bought the Review – Engel made a phone call to a Elias Karmon, a local businessman, in an effort persuade Karmon to give Wolf a loan that would allow him to buy the paper. Wolf declined to say how much the loan was worth. Wolf also acknowledged that Koppell, an attorney, did some pro-bono legal work on his behalf that helped complete the transaction. " For years it has been whispered that these elected officials made it possible for Wolf to acquire the paper, and it appears they have been rewarded handsomely with two decades of favorable coverage. Not surprisingly, despite being asked in another local publication about their involvement, neither has ever acknowledged any role -- but that may change now that Wolf has come clean.