Less than a month after winning a special U.S. Senate primary election in New Jersey, Newark Mayor Cory Booker is cutting ties with his miserable failure of a startup, Waywire, a company he founded last year whose purpose is unclear at best. You may remember Waywire—whose scandals are detailed below—as the outfit that put a rich little boy on its advisory board and may have used Booker's influence to raise more than $1 million for its murky mission. Waywire also lost its CEO last month.