POWIP Piece of Work In Progress – Former Abode of Dan Collins

Who should run the pension funds (long time failing)? [UPDATE by Dan]

So, the current NY Comptroller is trying to hang onto his job by saying Wall Street shouldn't manage pension funds - to knock at Harry Wilson, who has quite the Wall Street background.

Oh, and how does DiNapoli have his current position? Oh right. That.

The Comptroller is the sole trustee of NY pension funds by the way. Sounds like a great governance setup, doncha thing?

Well, South Carolina has a different idea. Semi-privatizing their investing activities. Yes, it needs a lot more study, and I'm trying to figure out exactly how it would work, but that's an interesting idea. And they're bound to get some of those nefarious Wall Street guys running that "independent" firm if they go ahead with it. Should be interesting. Of course, it may not happen at all, but it's always interesting to see politicians actually trying to do something practical.

UPDATE:

I'm sorry for horning in, but this gentleman may soon be available:

After Grayson's latest outburst became public, former Keller aide Johann Kipling told the Saint Petersburg Times that the 2008 Keller campaign had unearthed curious inconsistencies in Grayson's professional career.

Kipling's statements were chronicled in an interview set to be released on November 5. Kipling stated that while Grayson touted that he was a respected economist he had actually failed an economics course in his sophomore year. In addition, some of Grayson's senior papers were accused of widespread plagiarism.

In addition, Kipling stated that Grayson's campaign had a glaring omission. During 1988, when Grayson had just turned thirty and while working for the Fried, Frank, Harris, Shriver & Jacobson law firm, he spent four days in the Psychiatric Institute of Washington. What the cause of this stay was is yet unclear, although testimony from co-workers suggests that Grayson was extremely combative with fellow employees, including slapping a female intern in the face. Grayson was released after PIW doctors declared him "not to be a threat to the public."

Asked why the Keller campaign did not release this information, Kipling stated that it was the decision of Keller himself. Keller was a four-term Congressman before the insurgent Grayson captured 52% of the vote in 2008.

MEEP AGAIN: Florida has only three trustees - the governor, the AG, and the CFO - for its state pension funds. Hmmm, maybe NY would be easier.

Meep

Meep is a member of the Irish Catholic mafia, having a suspiciously high number of green-eyed, red-haired friends. While she doesn’t have red hair herself [except when she goes into the sun (rare for any vampire)], she does have green eyes. She’s a raving Papist and is a life actuary on the side [i.e., she counts dead people]. An amateur pain-in-the-ass [willing to go pro!], she likes covering retirement, mortality, math, and education issues.