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12 Mar 2012, 1:47 pm
It can also draw in the efforts of elected political representatives and the wider public. [read post]
12 Mar 2012, 12:31 am
Even–or maybe especially–a union pension fund wasn’t able to bring democracy to the board room at Google (See “Bricklayers Union Pension Fund Stock Voting Rights Plan Hits Brick Wall at Google“). [read post]
7 Mar 2012, 3:09 pm
One of the nation's largest public pensions said it would vote to block Kinder Morgan's $21 billion takeover of the El Paso Corporation, citing a lack of transparency and a conflict of interest related to the company's merger adviser. [read post]
7 Mar 2012, 5:30 am
It turns out a scumbag was sending around a fake message from the SEC’s Whistleblower Office: Dear customer, Securities and Exchange Commission Whistleblower office has received complaint about alleged misconduct at your company, including Material misstatement or omission in a company’s public filings or financial statements, or a failure to file Municipal securities transactions or public pension plans, involving such financial products as private equity… [read post]
7 Mar 2012, 5:21 am
Liabilities keep mounting, much faster than funding The runaway pension liabilities are making the city’s finances parlous: Mayor Taveras recently warned that Rhode Island’s capital could run out of cash by June and face bankruptcy. [read post]
6 Mar 2012, 2:08 pm
If anything, the student summer job centres should have seen their funding increased alongside a greater focus on providing services over the internet for young job seekers as part of a coordinated policy response to youth unemployment in Canada.The public response to the cuts has been highly critical. [read post]
6 Mar 2012, 12:05 pm
The Service noted that the Donors did not retain any powers or rights to affect the interests of the beneficiaries during the term of the Trust (the time between funding and the death of both Donors). [read post]
6 Mar 2012, 12:00 pm
The New York City Pension Funds are composed of the New York City Employees' Retirement System, Teachers' Retirement System, New York City Police Pension Fund, New York City Fire Department Pension Fund and the Board of Education Retirement System. [read post]
6 Mar 2012, 5:16 am
Rhode Island and Connecticut also have state-funded PILOT programs, in which municipalities get state money to cover unrealized income from their tax-exempts. [read post]
6 Mar 2012, 5:00 am
In addition: The Commission has also received letters from Members of Congress, from elected government officials with fiduciary responsibility for nearly one trillion dollars in pension fund assets, and from a coalition of United States Senators. [read post]
6 Mar 2012, 3:23 am
Here are what the emails said: Dear customer, Securities and Exchange Commission Whistleblower office has received an anonymous tip on alleged misconduct at your company, including Material misstatement or omission in a company's public filings or financial statements, or a failure to file Municipal securities transactions or public pension plans, involving such financial products as private equity funds. [read post]
5 Mar 2012, 7:39 am
In the latest case involving a corrupt public official keeping a taxpayer-funded salary, an assistant fire chief in Florida will hang on to a six-figure annual pension despite a fraud conviction. [read post]
5 Mar 2012, 5:33 am
Consumers (sales taxes) and homeowners have said they are fed up with paying more taxes, yet are unwilling to go quietly when programs are cut for lack of funding. [read post]
4 Mar 2012, 2:35 pm
Recent market volatility, large funding deficits and pressures from creditors, shareholders, rating agencies and plan participants make it harder for pension fiduciaries to avoid the adoption of some type of pro-active risk control strategy that effectively integrates asset and liability economics. [read post]
29 Feb 2012, 5:43 am
If passed, the bill would mark the first time in over 30 years that there would be no guaranteed funding for public transit. [read post]
28 Feb 2012, 5:13 pm
The Judgments include new refinements in offsets for pensions and Social Security disability benefits. [read post]
28 Feb 2012, 5:05 am
A shareholder resolution from the New York City pension funds has helped prompt deals with Apple and other big electronics firms to be more open about conditions in their supply chains, even as investors tell companies they want environmental and social policies that are sustainable over the long term [read post]
26 Feb 2012, 7:28 pm
We should create more government incentives for, and provide more startup funding to, intracity and intercity rail systems, to bring the US into the twenty-first century in public transportation. [read post]
24 Feb 2012, 1:33 pm
And yet, our criminal justice system has failed on every count: public safety, fairness and cost-effectiveness. [read post]
24 Feb 2012, 5:57 am
According to the SEC Alert, sent through the Agency's push technology, it has received numerous calls in the past 24 hours concerning an email that reads as follows: "Dear customer, Securities and Exchange Commission Whistleblower office has received an anonymous tip on alleged misconduct at your company, including Material misstatement or omission in a company's public filings or financial statements, or a failure to file Municipal securities transactions or… [read post]
