SEC probes possible pay-to-play within Detroit pension funds after $480M in 'risky investments'

Guest at 16h02
17
Feb
2011
SEC probes possible pay-to-play within Detroit pension funds after $480M in 'risky investments'

Oh, you guys are going to love this one. The Securities and Exchange Commission is investigating potential pay-to-play allegations and other shenanigans within Detroit’s public employee pension funds. This involves over $480 million being lost from the pension fund:

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"SEC probes possible pay-to-play within Detroit pension funds after $480M in 'risky investments'"

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17/02/2011 at 16h02 by "Guest"