Yep, Kentucky Retirement Systems is a hot box of shit. And that’s putting it nicely. So let’s put on our gloves and dig in: KRS assets fall $680 Million The Kentucky Retirement Systems’ net assets have fallen $680 million in this fiscal year’s first nine months as investment income and contributions failed to cover rising [...]

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Really? You’re shocked that former Massey CEO Don Blankenship was part of Steve Beshear’s Kentucky Derby entourage? And that all of his biggest donors got first pick of the best 360 seats at Churchill Downs? [CJ/AKN Here & Here] Donors to Hal Rogers (shocker!) got a sweet deal from the government to sell them $6.5 [...]

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Carter County is a corrupt poop hole of awful. The County Attorney and the Journal-Times are reporting open meetings violations. [Journal-Times] Comment on Kentucky will likely be a bit boring tonight on KET at 8:00 P.M. Eastern. But you should consider watching it anyway. Scheduled guests: Joe Gerth, Donna Groves, Amanda Van Benschoten’s replacement. [KET] [...]

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The Kentucky Coal Association freaks out and goes crazy on anybody who dares question mountaintop removal. So what’s the latest? A super-expensive “white paper” attacking the Sierra Club. Take a look: CLICK FOR PDF Bill Bissett wishes desperately that he could be accepted by everybody as a non-spinster. But. Uh. As long as the KCA [...]

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The Kentucky Supreme Court this week unanimously voted to re-elect Chief Justice John Minton to the top judicial position for another four years. [Ryan Alessi] Robert Wilcher, one of two Kentucky Retirement Systems board members representing county employees, resigned today. The board gets to appoint someone to fill his term. [Deep KRS Shenanigans] From the [...]

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What the crap is going on in Carter County these days? Now the Fiscal Court is up to no good with the DLG? Lawwwwd. [Journal-Times Here & Here] The wife of Chuck Wells says a defective heater caused a fire that killed her husband and she’s suing the manufacturer. [H-L] Mittens Romney used to love [...]

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JPMorgan Chase lost $2 billion in a hedging strategy failure and heads rolled, people were fired, it made the news. Kentucky Retirement Systems lost $100 million in a failed hedging strategy and it was covered up, the mainstream media ignored it and the only head to roll was that of the trustee who blew the [...]

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Remember when Richie Farmer decided to use state resources to campaign? I.E., when he made his name as large as possible on these ag stickers and put them everywhere? Looks like Jamie Comer took a hint and made his name a reasonable size. Here’s a picture from Mr. Blurrycam with the details: Thank goodness those [...]

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What’s that sound? You mean the Kentucky Retirement Systems is still claiming that Chris Tobe isn’t an actual SEC whistleblower? Funny, Pensions & Investments sure seems to think he is: At the $13.3 billion Kentucky Retirement Systems, a trustee precipitated an investigation, detailed in an independent counsel report released March 12, into use of placement [...]

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Industrial and Commercial Bank of China gets the nod to take over a US bank, the first such US approval for a Chinese firm. [BBC] Makers of flame retardants manipulate research findings to back their products and downplay health risks. [Chicago Tribune] Colin Powell says that Dubya didn’t bother consulting his national security council on [...]

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