In a testament to ai5000 Editor-in-Chief Kip McDaniel's judgment of talent (or luck, as some see it), ai5000 book reviewer Sara Nelson critiques ai5000 Editor-at-Large Joe Flood's The Fires -- his first (of what we hope is many) non-fiction novel.
In an 82-page ruling, Supreme Court Justice Lewis Bart Stone in Manhattan dropped some of the charges against Hevesi, which include felonies and misdemeanors of bribery, grand larceny, money laundering and fraud.
Data from SuperRatings reveals that the average super fund returns have fallen under the double-digit mark, as Australians would have fared better by putting their superannuation solely into Australian shares for the past decade.
Despite a tumultuous 2008, the CIC outperformed many other sovereign wealth funds following the global financial crisis -- the country's $300 billion SWF upped its net profit to $41.7 billion in 2009 from $23.1 billion in 2008.
Republican Harry J. Wilson, who's campaigning for state comptroller,
called incumbent Democrat Thomas J. DiNapoli’s management of the state
pension fund “the largest Ponzi scheme in New York State history.”
MetLife Assurance's survey showed pension fund trustees and
sponsors are struggling to effectively manage longevity risk, which
ranked second only to the measurement of technical provisions and
liabilities in importance for respondents.