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Ohio Democrats cry foul;Taft surprised by investment losses - Plain Dealer

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rndmprsn Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-10-05 07:15 AM
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Ohio Democrats cry foul;Taft surprised by investment losses - Plain Dealer
there's blood in the water...and ohio dems smell it, go on offense over republican abuse of power, ethics and "cover up", this'll be interesting to see where all this goes...ohio rethugs have dominated the state for over 20 years now.

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http://www.cleveland.com/news/plaindealer/index.ssf?/base/news/1118396115217000.xml&coll=2

Columbus- Gov. Bob Taft is weary of "getting surprised" with the drumbeat of revelations of financial missteps by the Ohio Bureau of Workers' Compensation, but he warned Thursday there could be more to come.

Democrats, meanwhile, toured the state decrying a "cover-up" by state Republican leaders and calling for a Securities and Exchange Commission investigation. They also want the BWC Oversight Commission to cede authority for approving investments to the state treasurer for a year.

This week, the bureau publicly acknowledged that politically connected MDL Capital Management, of Pittsburgh, lost $215 million in bureau investments last year. Taft says he learned of the missing funds only this week...

Prentiss - and other Democrats at a morning news conference in Cleveland - renewed calls for equal representation on a House-Senate committee that will examine the bureau's investments.

Democrats say they will not participate on a committee unless they get equal representation. They have proposed a 16-member panel that would report its findings June 30.
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-10-05 07:22 AM
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1. GO OHIO DEMS! Now's your chance to show the citizens of that state
what a bunch of corrupt greedy sticky-fingered ignorant bastards have been running the state.

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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-10-05 07:44 AM
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2. Surprise, surprise, Gov. Taft.

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EST Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-10-05 08:13 AM
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3. The drip becomes drumbeat...becomes deafening
Good report, highly significant, thank you.
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