La. Teachers and Employees Pass Audit

Lewis, Jakema
April 2005
Investment Management Weekly;4/25/2005, Vol. 18 Issue 16, p3
Presents the results of legislative audits performed on the Louisiana State Employees' Retirement System (LASERS) and the Teachers' Retirement System (TRS) in Louisiana concerning their acceptance of meals from money managers. Background on the investment policy of the LASERS; Rate of return of the investments of the TRS; Practice of the TRS of dismissing money managers who take them out for meals.


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