tag:blogger.com,1999:blog-22040291.post4764010446209191901..comments2024-01-09T17:38:35.707-05:00Comments on This Old State: Treasurer touts Innovation Fund; criticism emergesUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-22040291.post-51786260337046697252010-03-22T23:20:29.736-04:002010-03-22T23:20:29.736-04:00Wonder why Weisel failed to cite the classic examp...Wonder why Weisel failed to cite the classic example of why ETIs are inappropriate for trust funds? Google KPERs and ETIs. The Kansas pension fund set a record in losses on ETIs not that long ago. Investing state pension funds in ETIs should offend anyone who understands the basic concept of fiduciary responsibility.<br /><br />Investing for any purpose other than maximizing risk adjusted return to those the trustee is supposed to represent is a breach of fiduciary duty and an invitation to financial malfeasance. State pension funds should not be used to enhance the profits of the politically connected individuals who got into the investment business to use their political connections.Fernnoreply@blogger.comtag:blogger.com,1999:blog-22040291.post-4455885972379328062010-03-18T08:26:40.553-04:002010-03-18T08:26:40.553-04:00How much you want to bet that Ms. Cowell would &qu...How much you want to bet that Ms. Cowell would "invest" in companies who themselves "invested" in Ms. Cowell's campaign?<br /><br />Looks like Ms. Cowell wants to be Meg Scott Phipps's cellmate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22040291.post-68175925945505775382010-03-18T04:02:26.471-04:002010-03-18T04:02:26.471-04:00jordan 17 rings
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