Cuomo's Pension Proposal Rejected by Assembly Democrats, Gov Threatens Shutdown
New York Governor Andrew Cuomo has had his pension proposal rejected by the state's Assembly Democrats.
New York Governor Andrew Cuomo has had his pension proposal rejected by the state's Assembly Democrats.
Australian Treasury Secretary Martin Parkinson has voiced disapproval of a sovereign wealth fund for the country following strong support for such a fund from resource-rich Western Australia.
The Organisation for Economic Co-operation and Development has been called in to review the Irish pension system as the Eurozone nation flounders in recession.
The Alameda County Employees’ Retirement Association has called for class-action status in a lawsuit with Lehman Brothers Holdings Inc.’s former auditor Ernst & Young.
The House Oversight and Government Reform Committee is considering a bill that would push Federal employees, including members of Congress, to contribute 1.5% more toward their pensions.
UK's pensions lifeboat has added agriculture and timberland to its alternatives roster.
Newly settled litigation allows California’s top insurance regulator to keep tabs on the state's insurers’ investments in companies doing business in Iran.
Dutch pension fund ABP is suing US investment bank Goldman Sachs for knowingly selling the scheme junk mortgages and providing misleading information.
The Justice Department is set to create a special unit to investigate abusive lending and packaging of risky mortgages, as part of President Obama's 2012 agenda.