Odds & Ends - August 3, 2009
July 31, 2009
*New Jersey State Attorney General Anne Milgrim has filed a lawsuit against Merrill Lynch & Co. The suit alleges that Merrill Lynch sold the New Jersey Division of Investment $300 million in stock in January 2008 based on misleading information. The Division of Investment oversees the pension fund investments for the state.*The Massachusetts Pension Reserves Investment Management Board (PRIM) has posted a loss of 23.6% or $12.8 billion for the fiscal year ended June 30.
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