A more than seven hour hearing at the State Capitol gives insight on Pennsylvania’s pension systems. Testimony given shows billions of dollars in private equity fees that have not always been reported to pension funds.
An Oxford University professor tasked with tracking spending in Pennsylvania’s pension system has concluded that the commonwealth’s two largest public funds have underreported billions of dollars they paid to private investors.
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Around 500 military medals and awards are just sitting idle in a vault at the Treasury Department’s Bureau of Unclaimed Property, but a newly launched website is trying to change that.
Every dollar in the Treasury comes from the hard work of Pennsylvania taxpayers. Pennsylvanians need to trust that their money will be managed with fairness and integrity, uncompromised by conflicts of interest, political affiliation, favoritism, or other unfair considerations. Under my administration, the days of needing to know someone to do business with Treasury will be over.
We can and should do much better.
“I’ll be the kind of commonsense problem solver Pennsylvania needs.”
– Joe Torsella
We must put more pressure on Facebook -- it's clear that it's time to have an Independent Board Chair at Facebook so that we can stand up for investors, and against the unchecked corporate power of Mr. Zuckerberg. Learn more here: reuters.com/article/us-fac…