Albany's Times-Union has a really good article on how Verizon is trying to get away with defrauding the state of million dollars in emergency government subsidies it should not have collected from the government after 9/11.

The article outlines it's 'double-dipping' accounting:

Auditors found that Verizon failed to tell the federal government just how much a private insurance settlement paid the company for its emergency 9/11 repairs.

Claims already covered by insurance and non-emergency repairs that didn't qualify for full reimbursement weren't all that state auditors questioned. They also disallowed almost $21 million in expensed straight time pay for employees and about $35 million for other costs that did not meet audit evidence standards.

In all, Verizon claimed more than $230 million more than the plan allowed and, as a result, collected almost $39 million more than it was entitled for emergency repairs, auditors concluded.

The auditors' report also said Verizon delayed or tried to obstruct the audit team's effort to document Verizon's claims. "As the audit progressed, we encountered serious difficulties in obtaining information from Verizon on such key items as labor and insurance proceeds. During the course of the audit, the latter issue developed into the single most significant topic," the auditors wrote in their report.

It would take over a year for the auditors to obtain documentation of Verizon's $825 million insurance settlement for all its 9/11 damages, according to the audit report.

Schumer, who worked to bring federal aid to New York City after 9/11, had no immediate comment on the audit.

The audit report comes at a time when Verizon Chief Executive Ivan G. Seidenberg is being scrutinized by shareholder activists focusing on excessive payments to executives.

I guess Verizon needs all that extra money to pay it's lobbyists so they can give it back to their favorite porkers on Capitol Hill.

A quick look throughout both FollowTheMoney.org and OpenSecrets.org gives us a clue as to how Verizon spent some of that money in Washington and Albany.