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The $25 billion Texas Permanent School Fund has issued an RFP for a general consultant after accusing its incumbent advisor R.V. Kuhns & Associates of conflicts of interest in a real estate search that the fund conducted in April.
08/11/08 – Money Management Letter – By Diana Britton
Entries from March 2009
March 11, 2009
Texas Trustees Accuse R.V. Kuhns Of Foul Play
March 11, 2009
CalSTRS, CalPERS Freeze Morgan, Goldman Stock Lending
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The $160 billion California State Teachers Retirement System and the $230 billion California Public Employees Retirement System have suspended securities lending for its shares of Morgan Stanley and Goldman Sachs to help protect the firms from the abusive short selling.
09/22/08 – Money Management Letter – By Diana Britton and Sara Behunek