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10 May 2010, 8:29 pm
The expenses of keeping an inmate in a private facility are about the same as a public prison: $45 to $47 per inmate per day. [read post]
10 May 2010, 6:11 pm
I just oppose what some unions are doing with their pension funds as corporate governance activists (frankly, I'd rather see them go back to funding the mob), the role public employee unions are playing in the growth of the state, and the thuggish tactics a few unions use in organizing and politics. [read post]
10 May 2010, 6:08 pm
In most cases, you can receive PERA disability benefits and workers’ compensation benefits at the same time.Police officers, firefighters, corrections officers, and other public employees who receive PERA disability pension benefits are usually also entitled to workers’ compensation benefits.PERA allows a disabled firefighter, police officer, or corrections officer to receive duty disability benefits plus re-employment earnings plus workers’ compensation wage loss… [read post]
10 May 2010, 11:08 am
Investors, including pension funds and other institutions that manage money for others, have a fiduciary duty to maximize value. [read post]
10 May 2010, 8:00 am
It is the third largest public pension fund in the United States. [read post]
10 May 2010, 5:00 am
As a result of that investigation, the NYAG formed a nationwide task force and published a “Public Pension Fund Reform Code of Conduct” for advisers providing services to public funds. [read post]
10 May 2010, 3:06 am
Freeman, professor emeritus at the University of South Carolina School of Law, and a study Professor Freeman co-authored comparing mutual fund fees with those of public pension funds. [read post]
10 May 2010, 2:59 am
We need to understand that increases in unemployment, poverty, and public dependency in rural areas are all symptoms of the continued extraction of economic wealth or capital from rural areas. [read post]
8 May 2010, 1:22 pm
KPMG will pay $24 million and Countrywide will pay $600 million to settle a class action securities lawsuit by New York state's retirement fund and five New York City public pension funds to recover investment losses. [read post]
7 May 2010, 3:41 pm
Society’s response to domestic violence[10] Aside from funding more police and women and children’s shelters, society’s prime response to domestic violence has been the ability to obtain civil protection orders.6. [read post]
7 May 2010, 6:22 am
(Kenneth Anderson) Clemens Kownatzki at Business Insider talks today about the effects of demography on public pension liabilities in different countries. [read post]
6 May 2010, 3:45 pm
The California attorney general has alleged that top executives and a board member at Calpers accepted trips, champagne and other gifts from a businessman trying to secure investments from the giant California public-pension fund. [read post]
6 May 2010, 2:13 pm
The Council of Institutional Investors, which represents public and labor pension funds, is urging its members to contact senators to urge them to oppose the Carper amendments. [read post]
5 May 2010, 1:50 am
A lawsuit against the large ratings companies filed by the California Public Employees' Retirement System can proceed, a state court judge ruled. [read post]
3 May 2010, 11:50 pm
Today, Fannie and Freddie raise money to purchase mortgages from pension funds, mutual funds and foreign governments. [read post]
3 May 2010, 5:53 pm
We need to cut our military funding and we need to raise taxes to pay for these things that will improve life for all of us. [read post]
2 May 2010, 11:53 am
Notably, there has been no mention yet of whether the government would relax rules on laying off public workers. [read post]
1 May 2010, 5:35 pm
The following are various hedge fund events happening this month. [read post]
29 Apr 2010, 2:08 pm
” The National Association of Shareholder and Consumer Law Attorneys is a nonprofit organization comprised of about 100 law firms representing consumers and investors - including pension funds and individuals - in cases of securities fraud and other forms of "white collar" wrongdoing and criminal activity. [read post]
27 Apr 2010, 10:08 am
The process can also be used by labor unions, politicians who manage public pension funds, and others to force corporations to respond to pet social or political causes.Major business associations -- including my employers at the National Association of Manufacturers -- joined with free-market advocates to also register sharp objections to the proxy access language in an April 12 letter, warning it could unleash "an onslaught of activists trying to manipulate the… [read post]
