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Detroit's pension boards pay $22K to send 4 trustees to Hawaii [link only]
Detroit Free Press [link only] | May 17, 2013

Posted on 07/23/2013 11:03:58 AM PDT by grundle

link only

http://www.freep.com/article/20130517/NEWS01/305170014/pension-funds-travel-General-Retirement-System-and-the-Police-and-Fire-Retirement-System-Hilton-Hawaiian-Village-Waikiki-Beach-Resort-Honolulu


TOPICS: Miscellaneous
KEYWORDS: detroit
This was posted two months ago when it was new, but given recent events I think it deserves to be posted again now.
1 posted on 07/23/2013 11:03:58 AM PDT by grundle
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To: grundle
This was posted two months ago when it was new, but given recent events I think it deserves to be posted again now.

I certainly don't mind, grundle. Nero is such a skillful fiddler, don't you think?

2 posted on 07/23/2013 11:10:43 AM PDT by Standing Wolf
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To: grundle
Someone posted over on Zero Hedge the other day that one ( or more? ) of the Pension Funds won't open their books, yet Team Orr has a 60 day investigation on the pensions at an almost forensic level going on, and it is not done yet..

My question is, is their malfeasance and at what level with these plans?

Is this is what Meredith Whitney was hinting to with her Muni Bond Call a while back? Was it to politically incorrect to say outright that it maybe the fraud or abuse within these plans that helped her make her call?

I don't know, but why do I feel that what might be uncovered could shake the financial markets?

3 posted on 07/23/2013 11:13:38 AM PDT by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks.....)
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To: grundle

Hey, with Global Warming right around the corner our people want to be prepared and can help us cope with the new tropical setting. This was a goodwill mission to assist the pension members.


4 posted on 07/23/2013 12:15:23 PM PDT by kempster
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To: Standing Wolf

Yes, quite skilled.


5 posted on 07/23/2013 1:16:03 PM PDT by grundle
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