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Placement Agents in Public Pensions – Corruption in Investments Linked to Insolvency

11 Pages Posted: 23 Apr 2013 Last revised: 25 Aug 2014

Christopher B. Tobe

Stable Value Consultants

Date Written: April 23, 2013

Abstract

I do not think it is coincidence that the placement agent scandals were first uncovered in Illinois and continue with a SEC investigation in Kentucky. My theory is that in this “Culture of Cover up and Corruption” states that would look the other way on paying half the ARC, would look the other way on investment corruption and placement agents as well. A chapter in my upcoming book Kentucky Fried Pensions is based on this whitepaper.

Keywords: Public Pensions, Retirement, SEC Placement, Agents, Corruption

JEL Classification: G23, J26, H72

Suggested Citation

Tobe, Christopher B., Placement Agents in Public Pensions – Corruption in Investments Linked to Insolvency (April 23, 2013). Available at SSRN: https://ssrn.com/abstract=2255149 or http://dx.doi.org/10.2139/ssrn.2255149

Christopher Tobe (Contact Author)

Stable Value Consultants ( email )

Louisville, KY
United States

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