Gerald Guterman - Criticism

Criticism

Guterman's active support of some New York politicians, such as Ed Koch and Comptroller Harrison J. Goldin also brought repeated scrutiny from the New York newsmedia. A new law was past in 1988 that limited private campaign contributions and drew scrutiny to both Donald Trump, and Gerald Guterman. While their contributions were discussed at the hearings, the new law did not prohibit their practices that drew so much attention:

For example, the developer Donald Trump told the commission that in 1985 he spread tens of thousands of dollars in contributions to City Council President Andrew J. Stein among 18 subsidiary companies to skirt the state's limits of $50,000 for individual and $5,000 for corporate contributions. Another developer, Gerald Guterman, contributed $100,000 in one month to Mr. Goldin by parceling the gifts among 21 companies.

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