Monday, January 25, 2010

More Fun With The State Investment Council

Last week the Senate Judiciary heard testimony from Frank Foy, who has filed a whistleblower suit claiming the Education Retirement Board -- for whom he worked as investment officer -- and the State Investment Council were pressured into investments for political purposes. Foy and his lawyer Victor Marshall complained that the SIC and other state agencies were "stonewalling" them by not providing requested documents.

See our story on that hearing HERE.

Today, the Judiciary Committee is scheduled to hear from SIC officials to explain their position.

That hearing is set for 3 pm in the Room 321.

(The meeting time has been revised on this post.)