Report on Extent of San Diego's Pension Woes to Be Released Next Week
- San Diego Report: Crimes Led to Crisis. Saskal, Rich // Investment Management Weekly;8/14/2006, Vol. 19 Issue 32, p1
The article focuses on a report prepared by a Kroll Inc. audit committee which states that numerous violations of federal securities law and other state and federal laws are at the root of the pension and bond disclosure crisis in San Diego, California. The reason for the conducting the...
- U.K. pension industry says eliminate rule. Payne, Beatrix // Pensions & Investments;2/19/2001, Vol. 29 Issue 4, p16
Reports the demand of the pension industry to eliminate Minimum Funding Requirement (MFR) in Great Britain. Aspects of MFR suggested for replacements; Impact of MFR on the local bond market; Replacement recommended by Paul Myers, chairman of Gartmore Investment Management PLC.
- Pension funds take a new look at an old asset class: bonds. Kelley, Bruce // Pensions & Investments;4/5/1999, Vol. 27 Issue 7, p3
Reports that United States pension funds are looking at domestic and international bond markets. Manager searches of pension funds; Changes in core-plus accounts.
- Traders Look to Illinois After Pension Reform Dims. RIGGS, TAYLOR // Bond Buyer;6/3/2013, Vol. 384 Issue 33921, p2
In this article, the author informs that the traders of the U.S. bond market have turned to municipal bonds of Illinois as the state Senate has failed to pass a comprehensive pension reform package.
- Outside auditor receives first copies of pension scandal report: KPMG to review document, then approve 2003 city audit. Allen, Mike // San Diego Business Journal;7/24/2006, Vol. 27 Issue 30, p5
The article reports on the pension scandal discovered by Kroll Inc. to the outside accountant KPMG and to the federal authorities of San Diego, California. Kroll Inc., a New York risk management firm and a unit of Marsh & McLennan Cos., has delivered the first copies about the causes of $1.4...
- Kroll Report Still Reverberating Through City Hall. // San Diego Business Journal;8/21/2006, Vol. 27 Issue 34, p46
The author reflects on the mismanagement of pension fund of San Diego, California which is still rings all the way to its City Hall as speculated in the Kroll Inc. Report. As for authors of Kroll and former chairman Arthur Levitt of the Securities and Exchange Commission, its evidence was more...
- Pension reforms help boost investor interest in Asian bond markets. Kelly, Bruce // Pensions & Investments;2/7/2000, Vol. 28 Issue 3, p45
Focuses on the growth of Asia's bond markets. Reforms in pension schemes; Demand from global money managers; Institutional investors' interest in stable bonds.
- Riverside County, Calif., Plans Pension Obligation Issue. Saskal, Rich // Bond Buyer;11/19/2004, Vol. 350 Issue 32014, p34
Cites the plan of Riverside County, California to enter the pension obligation bond market to fund a portion of the unfunded liability. Preliminary approval from the Southern California county's government body; Value of the county's unfunded pension liability for its employees in the California...
- Illinois Sees Debt Deluge. DEVITT, CAITLIN // Bond Buyer;2/16/2011, Vol. 375 Issue 33468, p1
The article reports on how Illinois helped in rising the bond issues in the Midwest more than 26 percent in 2010 to 83.8 billion dollars. It informs that Illinois was the largest issuer of the Midwest in 2010. It tells that lllinois's borrowings were raised from 703 percent to 8.6 billion...