Daily Archives: December 22, 2016, 1:22 pm

Official Took Bribes to Steer Pension Funds to Brokers, U.S. Says – The New York Times

A former portfolio manager who was responsible for investing $53 billion in New York State employee retirement funds took over $100,000 in bribes in exchange for steering more than $2 billion in fixed-income business to two brokers, earning them and their firms millions of dollars in commissions, federal authorities said on Wednesday. via Official Took Bribes to Steer Pension Funds…

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