Pension Funds

Steep Losses Pose Crisis For Pensions

Washington Post | David Cho | Posted 10.11.2009 | Business


The financial crisis has blown a hole in the rosy forecasts of pension funds that cover teachers, police officers and other government employees, cast...

Campaign Contributions May Be Linked To Pension Fund Deals

usatoday.com | Kevin McCoy | Posted 09.27.2009 | Business


More than two dozen firms that have surfaced in a broad corruption investigation of public pension funds gave at least $1.97 million in campaign contr...

Bloomberg Pushes Thompson On Pension Funds

New York Post | Posted 09.20.2009 | New York


Mayor Bloomberg and likely Democratic challenger Bill Thompson got into one of their roughest fights of the mayoral campaign yesterday after it was re...

AIG Shows Why We Need the Employee Free Choice Act

Mike Elk | Posted 08.11.2009 | Business


Mike Elk

Unions, representing the combined interests of everyday Americans, can be a valuable instrument in fighting for the interests of all, not just those at the top.

Traders, Lap Dances, And Pensions: Overlooked Bloomberg Reports

The Huffington Post | Ryan McCarthy | Posted 07.18.2009 | Business


We recently came across two criminally overlooked stories from Bloomberg that cover some very impressive ground. In a report from March, Bloomberg t...

NY Pension Scandal: Carlyle Group To Pay $20M

AP | DAVID B. CARUSO | Posted 06.14.2009 | Business


NEW YORK — The Carlyle Group, one of the nation's largest private equity funds, has agreed to pay $20 million and make other reforms to resolve ...

Grand Theft Automaker

Stuart Whatley | Posted 05.31.2009 | Business


Stuart Whatley

Nobody expects the administration to right the world economy in a day, but what it can do is make sure each who is owed gets his fair share of the pie.

My Late Night Visits from the Ghosts of Financial Outrages Past, Present, and Future

Arianna Huffington | Posted 05.21.2009 | Business


Arianna Huffington

With my younger daughter away, I was looking forward to a quiet night in, curled up in bed with a few dozen pieces on the financial crisis I'd cut out from newspapers and magazines. But instead of reading a few and nodding off, I ended up staying up most of the night, getting more and more outraged with each article I read. These days, the business section is not for the faint of heart. READ MORE The Torture Moment The way we respond to the revelations about the Bush administration's use of torture will define the kind of country we are. It is a test of our courage and our convictions. So far, the media are not getting high marks. They can't seem to shake their addiction to looking at every issue through the archaic prism of right vs. left. READ MORE

Michael Vick's Second Crime Almost as Bad as his First

Russ Wellen | Posted 05.07.2009 | Media


Russ Wellen

Professional athletes are notorious for their selfish and temperamental behavior. And, those who behave like prima donnas seem to understand or care h...

Hidden Pension Fiasco May Foment Another $1 Trillion Bailout

Bloomberg News | Posted 04.03.2009 | Home


The Chicago Transit Authority retirement plan had a $1.5 billion hole in its stash of assets in 2007. At the height of a four-year bull market, it did...