Shakeup In Illinois Continues

Lewis, Jakema
October 2006
Investment Management Weekly;10/16/2006, Vol. 19 Issue 39, p1
The article reports on charges filed against officials connected with the Illinois Teachers' Retirement System. Alleged former trustee Stuart Levine, outside counsel Steve Loren and previous partner of Healthpoint Capital Joseph Cari breached their fiduciary duties with their involvement in a kickback scheme.


Related Articles

  • Illinois Indictments Allege Pension-Fund Kickbacks. Cavanagh, Sean // Education Week;8/10/2005, Vol. 24 Issue 44, p24 

    The article reports that the U.S. attorney's office for the Northern District of Illinois charged Stuart Levine, a lawyer, businessman, and former trustee of the Teachers' Retirement System, with soliciting hundreds of thousands of dollars in kickbacks and illegal payments. Federal officials...

  • News from Europe.  // Management Services;Mar2004, Vol. 48 Issue 3, p18 

    This article presents business-related updates in Europe as of March 2004. The Employment and Social Affairs Council proposes legislation to protect the health and safety of workers exposed to electromagnetic fields and waves. A directive will overrule existing regulations and require...

  • BRIEFLY. Kucinich, Jackie // Hill;8/1/2007, Vol. 14 Issue 94, p30 

    The article reports on a reform bill that was passed in the House of Representatives that states members of Congress convicted of a felony can no longer collect congressional pensions. A member of Congress who is convicted of a felony, such as bribery of public officials or witnesses, or...

  • Energy, inspector offices to hit business crime.  // American Bar Association Journal;Jan1979, Vol. 65 Issue 1, p22 

    Reports that the U.S. Department of Energy and inspectors general in a variety of government agencies are expected to lead efforts to expose white collar crime. Tremendous increase in the number of civil and criminal cases; Issuance of administrative subpoena; Suspension from government...

  • Fiduciary Cover Needed For Pension Woes. Moore, Alton // National Underwriter / P&C;5/28/2007, Vol. 111 Issue 21, p34 

    The author reflects on issues concerning failed pension plans and the Pension Protection Act in the U.S. According to the author, the issues have brought back the fiduciary liability insurance which has become an important management liability product. He notes that plan fiduciaries include...

  • Prepare now for fiduciary rules. Pinheiro, Brian M.; Anderson, Kurt R. // Employee Benefit News;Nov2011, Vol. 25 Issue 14, p24 

    The article reports that the U.S. Department of Labor has delayed the deadlines on the fiduciaries rules of retirement plans focusing on the Employees Retirement Income Security Act.

  • Expense report abuse. Burke, Michael J. // Internal Auditor;Apr96, Vol. 53 Issue 2, p82 

    Comments on how companies treat dishonest behavior of their employees. Examples of expense report abuse; Impact of corporate actions to the society.

  • Fraud discoveries are chance happenings.  // Internal Auditor;Aug96, Vol. 53 Issue 4, p10 

    Reports on the findings of Ernst & Young's new `International Fraud Survey,' concerning company fraud. Estimated losses contributed by fraud; Percentage of frauds committed by employees; Companies' concern over business growth than protecting the firm against fraud.

  • Too good to be true. McNamee, David; Thompson, Courtenay // Internal Auditor;Aug96, Vol. 53 Issue 4, p62 

    Presents a hypothetical case of a workplace fraud. Role of internal auditors in preventing conflict of interest between the employee's responsibilities to the employer and the employee's self-interest.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics