Spin Cycle

News, views and commentary on Long Island, state and national politics.

An NYPD spokesman Wednesday night shot down a report that Commissioner Ray Kelly was in talks with JPMorgan Chase Inc to take over its top security job before Bill de Blasio becomes mayor.

"The story is false," said the spokesman of the report in the New York Post.

advertisement | advertise on newsday

However, a source familiar with the NYPD and its operations said that Kelly had been approached by a number of financial services firms about a possible job but that it was unclear if JPMorgan was among that group. There was no indication Kelly was in serious talks with any of the firms, said the source, adding that it was entirely possible that he could even work for Mayor Michael Bloomberg when he leaves office on Jan. 1.

Kelly has been police commissioner for over 12 years, the longest anyone has held the job in city history. He was commissioner briefly from 1992 to 1994 during the Dinkins administration and then took over again when Bloomberg took office in early 2002.

The architect of the city's massive counterterrorism program after Sept. 11, Kelly has also been credited with driving crime down to historic levels. But mayor-elect de Blasio said during the campaign that he would dump Kelly. De Blasio is a critic of NYPD stop-and-frisk tactics.

For a number of years when he wasn't in public service, Kelly worked in the corporate investigative world. He also was in charge of global corporate security at Bear Stearns & Co. from 2000 to 2001