PUBLIC PENSION UPDATE: Corruption indictments may change the way state pension fund is run. “Hank Morris, Hevesi’s top political consultant, and David Loglisci, a former deputy controller for pensions, were charged were charged in a 123-count indictment with steering firms to pension fund business in exchange for tens of millions of dollars in kickbacks.” Just remember, with all the anger at Wall Street, that it’s not like government employees are immune to corruption. . . .
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