Tom Foley on Corporations
Is Foley opposed to the recent agreement between Connecticut and United Technologies Corp. to keep the corporation's headquarters and engineering forces in Connecticut and expanding them? Is that the type of "corporate welfare" he opposes? Foley knows that competition for new industry may be "corporate welfare," but when you are in competition with other states you must play the game to attract industry.
Foley called O'Garro "the central figure in a federal corruption investigation involving the Treasurer of the City of Hartford"--Adam Cloud--"and members of his family who are closely connected to Gov. Malloy." Cloud's father, businessman Sanford Cloud, served on Gov. Dannel Malloy's transition team after Malloy's 2010 election victory over Foley.
Foley also questioned other Small Business Express program loans or grants--including $5 million in economic aid to Back9Network, a Hartford-based cable golf network with ties to Malloy.
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Retiring in 2014 election:
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