Damn! It was a busy spring ’09 for the NY SEC office!!
In one case they got $150K from some investment outfit that does money management for the Hunt Oil Family ( who own the Football Chiefs ) in an investigation with the NY AG about shady conduct with goodies to get NY Pension fund money.
In another, some outfit called GT Brands, which works with a private firm Quadrangle Group, paid almost $ 90 grand to get DVD distribution rights to a movie with the charming title “Chooch” which was produced by a guy named Loglisci, who was the Pension Fund’s chief investment officer. Surprise!! About 3 weeks later, Quadrangle got $100 mio in business managing stuff for the Pension Fund!!
NYT, 4.16.09, P. A.20
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