State Treasurer Dale Folwell had sobering words on Saturday about the state's pension plan and state health plan. Overly optimistic projections have left both facing daunting ... Keep Reading
state pension fund
State Treasurer Cowell Involved in Yet Another Pay-to-Play Scheme with Erskine Bowles
Yesterday's International Business Times calls into question some of State Treasurer Janet Cowell's decisions and transparency over the past few years in her role overseeing the ... Keep Reading
Investigation Accuses State Treasurer Cowell of Secret Wall St. Deals
An investigation of North Carolina's state pension system and the state's Treasurer, Janet Cowell, funded by the State Employees Association of North Carolina (SEANC) suggests that ... Keep Reading
Changes Coming to State Pension Fund Oversight?
Per the N&O: State Treasurer Janet Cowell announced Thursday the creation of an independent, bipartisan commission to review the state’s governance structure for investment ... Keep Reading
SEANC Hires Investigator to Examine State Treasurer Cowell for “Conflicts of Interest”
Due to growing concern over State Treasurer Janet Cowell's decision to shift a larger share of the state employee's pension fund into "alternative" investments that carry higher ... Keep Reading
NC’s Unfunded Pension Liabilities Increase Worst in Nation
From 2009 to 2012, North Carolina's unfunded state pension liabilities skyrocketed by nearly 700%. That's the findings of new data released by the Institute for Truth in ... Keep Reading
Surprise! Cowell’s Cronies To Get Paid
Per Thompson Reuters News: NEW YORK, Dec 6 (Reuters) - Bernstein Litowitz Berger & Grossmann and Labaton Sucharow will be the lead law firms in securities lawsuits arising out ... Keep Reading
State Treasurer Cowell: “Obviously, that means more burden on taxpayers”
A couple of months ago, I blogged here about how North Carolina's pension fund is likely in much worse shape than even the current $2.8 billion unfunded liability represents. The ... Keep Reading
State Treasurer Cowell: Why So Much Support From Out of State Law Firms?
The Fayetteville Observer today publishes an article of mine focusing in on the high amount of out-of-state donors of State Treasurer Janet Cowell, and a practice that certainly ... Keep Reading
State Pension Fund Returns Nearly $4 Billion Below Projections
An already bad week for State Treasurer Janet Cowell just got a little worse. On the heels of the Facebook fiasco, which raised several questions of dubious ethics, we now hear ... Keep Reading
