Showing posts with label State Pension Funds. Show all posts
Showing posts with label State Pension Funds. Show all posts

December 11, 2009

Giving Campaign Contributions


Here's an example why individuals and corporations give money to politicians. One investment executive gave thousands using employees and got back a $150 million pension-fund investment. After being caught he agreed to pay a $20 million fine. Not a bad profit with no jail time.

http://www.nypost.com/p/news/local/slap_in_pension_con_fbj0aynxR10xSEsV9ChhxH

$20M slap in pension con
AP
New York Post
Last Updated: 4:05 PM, December 10, 2009
Posted: 4:04 AM, December 10, 2009