You should trust Wall Street with your retirement savings, says Gina and the Kid, without public scrutiny, without accountability.They say that if the pension doesn’t agree to Wall Street secrecy demands, the “best” deals these billionaires have to offer workers will not be available to the pension and the pension will suffer. In a democracy, public monies should always be subject to public scrutiny. Knowing that you are right, you may choose to do nothing about the wrongdoing. As a result of diligent investigative reporting by local media, the Toledo Blade, the fund manager was sued by the state on behalf of the OBWC. This is an outrageous exception to the rules of normal pension prudence. I can now say – with the publication of I’m here to tell you once again, what happened here in Rhode Island under the guise of “pension reform” was egregious and wrong. Please try again later. I am not that lawyer but I’d be happy to assist whomever you engage. During the Rhode Island General Assembly's 2012 session, Raimondo advocated for a decrease in the maximum allowable interest rate on Raimondo was elected governor of Rhode Island on November 4, 2014, winning 41% of the vote in a three-way race, defeating challengers When she ran for governor, Rhode Island had the nation’s highest unemployment rate.In February 2017, Raimondo's Executive Secretary of Health and Human Services In 2019, Raimondo negotiated a no-bid contract renewal with While General Treasurer, in 2007, Gina co-founded a very small private investment firm called Point Judith Capital. It’s a deal so drenched in obvious political foulness that it reeks. My firm, Benchmark Financial Services, Inc. and I have pioneered over $1 trillion in forensic investigations of the money management industry. Believe me, Wall Street won’t care one iota if the details surrounding one highly unusual—not to mention improbable—politically-charged, failing investment are made public. On the other hand, the potential harm from releasing the information regarding this single, highly-unusual, politically-charged deal is non-existent. The world did not come to an end by making the records of this highly unusual, politically-charged investment open to public scrutiny. Rhode Island Access to Public Records laws should require disclosure. Born Edward Ahmed Hamilton Siedle, I grew up in Trinidad, Venezuela, Panama, Peru, England, Uganda, Egypt and the U.S. Published on Nov 9, 2017. Wall Street schemes potentially looting your pension.But I do know the voluminous questions that state and federal law enforcement and regulators, as well as pension stakeholders like you should be asking. Now Gina, her minion Kid Magaziner and their billionaire Wall Street backers claim that withholding information from the public, benefits the public.That’s right—they claim lack of public scrutiny is good for the public. Of course, these disingenuous arguments are meant to scare the public into agreeing to Wall Street secrecy demands. So, you have two choices. Kid Magaziner knows better. Cuomo over COVID-19 quarantine
Raimondo was tied with the governors of North Dakota and Utah for the 12th-highest rating.In early February 2020, Raimondo appeared alongside former Republican New York City Mayor and Democratic presidential hopeful Raimondo serves as vice chair of the board of directors of Crossroads Rhode Island, the state's largest homeless services organization. $500 million in funds could be eligible for the program, which would enable Treasury "to extend its expertise to municipalities and improve investment returns by creating economies of scale.
Please try again later. This feature is not available right now. Or you can continue to fight the good fight.During that seemingly endless waiting period when I knew I was right but seemed to be getting nowhere, I often recalled the words of one of the greatest writers of our time, Samuel Beckett:Since the looting of your pension is still going on, so must you. Published on Jul 2, 2015. Please try again later.
19,336 talking about this. Gina was also "gifted" ownership of an undisclosed number of shares in the same fund. As some of you may recall, in 2013, four open-government groups – Common Cause Rhode Island, the state’s chapter of the American Civil Liberties Union, the Rhode Island Press Association and the League of Women Voters of Rhode Island sent a letter to then-Treasurer Raimondo voicing their concerns regarding the Treasurer’s strategy of withholding hedge fund records. Gina Raimonod's 13-year "Loser's Bonus" paid by state pension is an outrageous exception to the rules of normal pension prudence. You were the first to call-out pension looting—which is now a global pandemic.