Page 6 - Robin Rayfield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A new report calls for a probe into Paycheck Protection Program COVID-19 relief loans given to labor unions ineligible to receive them.

How hedge funds and private equity firms exploit workers' retirement savings.

Damschroder: Investment staff bonuses approved while retired Ohio teachers still await COLA increase.

From Bloomberg: A group of retirees says the $80 billion Ohio state teachers' pension fund is paying high fees to private equity firms for underwhelming returns. A report commissioned by the 18,400-member Ohio Retired Teachers Association says 'billions have been have squandered' by the State Teachers Retirement System of Ohio on fees and under-performance in the pension fund's $14.3 billion alternative-investment portfolio, according to a draft seen by Bloomberg.

Lawsuit seeks unredacted reports from Ohio State Teachers about alts investments Lawsuit seeks unredacted reports from Ohio State Teachers about alts investments Getty Images/iStockphoto A lawsuit was filed in the Ohio Supreme Court to force the $89.5 billion Ohio State Teachers Retirement System, Columbus, to release unredacted reports related to the pension fund's alternative investments. The writ of mandamus complaint was filed May 21 by Edward Siedle against the pension fund and CEM Benchmarking Inc., seeking unredacted reports related to the pension fund's alternative investment manageme...