Your Search Returned 9 tagged news reports
Elliott Broidy, chairman of Markstone Capital Partners, served until May on the Fire and Police Pensions board, which provides benefits to the city's retired police officers and firefighters. Real estate company CIM Group invested $500,000 in Markstone's...
Tags: Elliott Broidy, CIM Group, pensions board, Sean Harrigan, Markstone Capital Partners, SEC, board member, public pensions, police pensions, California, Bosnia and Herzegovina, Cim, Antonio Villaraigosa, Pension, Business Finance, Employment compensation, CalPERS, Pension fund, Social Issues, Labor
The huge California Public Employees' Retirement System is in deep financial doo-doo, having lost tens of billions of dollars in often-speculative investments, and is telling state and local officials it will need more "contributions." Meanwhile, investigations...
Tags: California, public pensions, public employees, california public, Arnold Schwarzenegger, Sacramento, Financial services, Public Employee Pension Plans, Pension, J. J. Jelincic, CalPERS, Employment compensation, Investment, Social Issues, Labor
Finance Minister Jim Flaherty introduced new rules for public pensions on Tuesday, aimed at putting plans at Crown corporations and other firms on more solid ground. Finance Minister Jim Flaherty. (CBC) "We understand the value of secure and sustainable...
Tags: Jim Flaherty, finance minister, minister jim, pensions plans, pensions reforms, Ottawa, Bank of Canada, public pensions, regulators pensions, natural gas
United Nations chief's spokesperson announced in a statement. "[They] discussed a number of critical issues concerning Iran and the international community," the spokesperson said. "[Ban] expressed his grave concern about its [Iran's] activities related...
Tags: Iran, Ali Akbar Salehi, yom kippur, uranium enrichment, elected officials, doing business, companies doing, public pensions, nuclear site, Tehrān
The estimated $56.8-billion drop at the U.S.' largest pension fund, the second annual loss in a row, would have a huge effect on what state and local governments must shell out to support retirees. July 21, 2009 The tremendous drop in value is expected...
Tags: pensions fund, largest public, public pensions, local governments
New York Attorney General Andrew Cuomo said Thursday that he has reached an agreement in which private-equity firm Carlyle Group will pay $20 million to resolve its involvement in a "pay-to-play" probe involving the state's largest pension fund. On a...
Tags: Carlyle Group Admits Role, New York State, pensions fund, attorney general, public pensions, general andrew, Andrew Cuomo, york attorney, pensions probe, public fund
Massive investment losses sustained by public pension funds are pressuring state lawmakers from New Mexico to New York to spend more taxpayer money to shore up their programs, boost the retirement age for newly hired government workers and seek more from...
Tags: public pensions
Amid a growing corruption scandal, New York's comptroller on Wednesday barred investment firms soliciting business from the state pension fund from employing lobbyists known as placement agents. More Business The move comes about a month after state...
Tags: pensions fund, New York State Common, New York City, Steven Rattner, placement agents, New York Times, N.Y. Comptroller Bans Middlemen, pensions invested, invested firms, public pensions
The nation's largest public pension fund, the California Public Employees' Retirement System, said Wednesday employer contributions could increase beginning in July 2010 if the fund's investments sustain their current losses of about 20 percent. Calpers...
Tags: employers contributions, pensions fund, public pensions, largest public, Calpers