Detroit pension leaders indicted on bribery conspiracy

Mar 20, 2013 | Posted by: roboblogger | Full story: clickondetroit.com

Ronald Zajac, of Northville, the general counsel of Detroit's two pension funds, and Paul Stewart, of Detroit, a former trustee of Detroit's Police and Fire Retirement System were both charged Wednesday with participating in a bribery and kickback conspiracy involving more than $200 million in investments before the two city of Detroit pensions, ... (more)

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1 - 5 of 5 Comments Last updated Mar 20, 2013
Pete

Livonia, MI

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#1
Mar 20, 2013
 
One is white and one is black so we got that racial equality of charging going for us.

Barbara McQuade is on the job. More will be coming.
grounded in reality

Nashua, NH

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#2
Mar 20, 2013
 
corruption in Detroit??

who knew?

Bet everyone in the state did and just ignored the problem which is why da city is broke.
Pete

Livonia, MI

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#3
Mar 20, 2013
 
grounded in reality wrote:
corruption in Detroit??
who knew?
Bet everyone in the state did and just ignored the problem which is why da city is broke.
Not quite ignored. The fed has been investigating for at least 12 years on these current indictments we have seen. They just don't provide weekly updates like Microsoft as they weave their web.

“TUEBOR”

Since: Jul 11

Michigan

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#4
Mar 20, 2013
 
Detroit officials involved in corruption? Wow! That almost never happens!
Yep I Said It

Detroit, MI

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#5
Mar 20, 2013
 
QUESTION OF THE DAY:

Where is the money?

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