Early this morning, New York State Senator Malcolm A. Smith and City Councilman Daniel J. Halloran were arrested after a plot to fix this year's mayoral race was uncovered. Smith, a Democrat, was on the verge of running for mayor of New York as a Republican. He was allegedly paying Halloran to help him arrange meetings with Republican leaders to finagle his name onto the ballot. This reeks of Clay Davis.

Prior to becoming the first black president of the State Senate, the 56-year-old Smith was a contractor and real estate developer. Back in 2010, he was placed under the microscope for alleged "self-serving" non-profit real estate investments. Both Smith and Halloran face federal corruption charges, though Smith's lawyers maintain his innocence. 

[via Gawker]