Alain Kaloyeros (photo via The Governor's Office)

Alain Kaloyeros, the former president of SUNY Polytechnic Institute who spearheaded key pieces of Governor Andrew Cuomo’s vaunted Buffalo Billion economic revitalization program, was found guilty in federal court on Thursday of bid-rigging state contracts in favor of upstate firms whose executives were major donors to the governor’s campaign.

Following a trial that lasted just under a month, a jury found Kaloyeros guilty on charges of wire fraud and conspiracy to commit wire fraud in

Cuomo in Buffalo (photo via The Governor's Office on Flickr)

After laying out multiple corruption and bribery charges against nine players involved with Gov. Andrew Cuomo’s signature economic development program, including his former aide and close friend Joe Percoco, family friend and confidante Todd Howe, and a number of major developers and Cuomo donors, U.S. Attorney Preet Bharara refused to say whether the governor is a target in the probe or if it is reasonable to hold him accountable for the conduct of the people he empowered.

Scheiderman, left, & Cuomo, center (photo via The Governor's Office on Flickr)

More than a month after Governor Andrew Cuomo announced that Bart Schwartz, a former federal prosecutor, would head an “independent investigation” into the Buffalo Billion economic development program, it remains unclear whether Schwartz has begun his

IBM (photo: Patrick via Flickr)

International Business Machines (IBM) has a long history in New York - its headquarters is located on the New York-Connecticut border in Armonk; it used to be one of the largest employers in the state; and it was part of a 2011 deal to bring $4.4 billion in investments to upstate New York through the creation of a high-tech computer chip manufacturing plant. The success of the company and the overall state economy have travelled similar paths, both

Gov. Cuomo in Buffalo (photo via The Governor's Office)

As U.S. Attorney Preet Bharara’s office issues a storm of subpoenas to the administration of Governor Andrew Cuomo and his close associates in relation to the state’s Buffalo Billion economic development program, the governor and his aides have delivered a consistent message: the investigation targets the dealings of a few bad apples, the governor wasn’t aware of any wrongdoing and he wants to get to the bottom of the situation as quickly as possible.

“I’ve said to all my people, and I’ve said to