~S Government ethics experts express concern that governors - TopicsExpress



          

~S Government ethics experts express concern that governors drawn from the ranks of companies that manage pension money could bring an inherent conflict of interest: Their duty to do right by taxpayers and retirees could be pitted against their personal financial interests and their loyalties to longtime Wall Street associates. You want financial decisions about pension funds to be made with the interests of the pension in mind, and these scenarios raise questions about whether they are and will be in the future, said Melanie Sloan, a former federal prosecutor who runs the watchdog group Citizens for Responsibility and Ethics in Washington. The question is: If these gubernatorial candidates are elected, are they going to be making decisions in the best interest of the pension funds or their former colleagues?
Posted on: Mon, 03 Nov 2014 17:21:42 +0000

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