Saturday, May 02, 2009

Cuomo Subpoenas 100 Hedge Funds, Enlists 36 States In Mushrooming Pension Probe

TPM:

The New York state pension fund scandal is starting to look pretty national. New York AG Andrew Cuomo just
issued 100 subpoenas to investment firms in his expanding investigation of pay-to-play schemes that defraud public employee retirement funds, and announced the participation of 100 officials in 36 states' attorney general offices in the probe.

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