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Carlyle group taking MILLIONS from Illinois Teacher Retirement fund [View All]

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Gabi Hayes Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-16-05 09:44 AM
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Carlyle group taking MILLIONS from Illinois Teacher Retirement fund
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I stopped getting the Tribune last week, and missed this

however, an SBC repairman told me about this yesterday, and it put me into a state of apoplexy

frickin CARlyle and the Republican hierarchy have their filthy hands on MY retirement money!!!!

http://www.chicagotribune.com/news/nationworld/chi-0508100130aug10,1,7889547.story

Federal authorities investigating the state teacher pension fund have subpoenaed the records of investment deals that netted the national Republican Party's treasurer $4.5 million, according to sources familiar with the investigation.

Robert Kjellander, who was named treasurer of the Republican National Committee on Friday, is among a number of political insiders whose dealings with the Teachers' Retirement System have come under scrutiny, according to sources who spoke on condition of anonymity.

Kjellander has not been accused of any wrongdoing and has said he has not been contacted by federal authorities. Last week, federal prosecutors charged former pension board member Stuart Levine with extorting money from investment firms that were seeking board business.

Kjellander, Illinois' longtime national Republican committeeman and a friend of President Bush's political strategist Karl Rove, has received $3.1 million representing The Carlyle Group, a Washington-based investment firm that focuses on private equities.


just when you think it can't get any more Fffffed up, this kind of story comes along

you think Danny Casolaro had his hands on an octopus. What must it really be like with the BFEE?
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