Cuomo Subpoenas 100 Hedge Funds, Enlists 36 States In Mushrooming Pension Probe
Posted in Main Blog (All Posts) on May 3rd, 2009 4:37 am by HL
Cuomo Subpoenas 100 Hedge Funds, Enlists 36 States In Mushrooming Pension Probe
What did we tell you? The New York state pension fund scandal is starting to look pretty national. New York AG Andrew Cuomo just issued 100 subpoenas to investment firms in his expanding investigation of pay-to-play schemes that defraud public…
Marc Correra: The Link Between New York’s Pension Scandal And “Toxic Waste” In New Mexico?
Three weeks ago we told you about accusations that the New Mexico State Investment Council had been under political pressure to invest teachers’ retirement funds in risky investments like a $90 million “toxic waste” CDO backed by subprime mortgages –…