No response yet. Think I'll write letters to the editors of the Zanesville Times Recorder and the Chillicothe Gazette this weekend to try to get their readers to call on Ney to explain his "winnings".
1 comment:
Anonymous
said...
Here is something from the "Toledo Blade" that shows a fellow (R) turning his back on the Ohio people getting fleeced:
"The SEC first wrote to bureau chief investment officer Bob Cowman on Nov. 8, 2002, about the excessive fees of 6 cents per trade. On Feb. 7, 2003, the bureau’s new chief investment officer, Terry Gasper, wrote back to federal regulators that the fee level was appropriate. Unsatisfied, an SEC lawyer wrote to Attorney General Petro on March 17, 2004, about the fees, which the federal agency said were too high for the services that the bureau was receiving from several firms.
“This letter is to inform you of possible abuse of discretion by the Ohio Bureau of Workers’ Compensation in paying excessive brokerage commissions,” Diane Dallianis of the SEC wrote to Mr. Petro.
Chief Counsel Elizabeth T. Smith replied for Mr. Petro that the trading fees were acceptable.
The SEC was also concerned whether the brokers in question could handle some of the large block trades from the bureau.
Mark Anthony, spokesman for Mr. Petro, said yesterday the letter from Ms. Smith was merely transmitting what bureau officials had told the attorney general’s office.
The spokesman said neither Mr. Petro nor his office had investigated the SEC’s concerns."
The Blade is absolutely unrelenting in its coverage of Coingate.
1 comment:
Here is something from the "Toledo Blade" that shows a fellow (R) turning his back on the Ohio people getting fleeced:
"The SEC first wrote to bureau chief investment officer Bob Cowman on Nov. 8, 2002, about the excessive fees of 6 cents per trade. On Feb. 7, 2003, the bureau’s new chief investment officer, Terry Gasper, wrote back to federal regulators that the fee level was appropriate.
Unsatisfied, an SEC lawyer wrote to Attorney General Petro on March 17, 2004, about the fees, which the federal agency said were too high for the services that the bureau was receiving from several firms.
“This letter is to inform you of possible abuse of discretion by the Ohio Bureau of Workers’ Compensation in paying excessive brokerage commissions,” Diane Dallianis of the SEC wrote to Mr. Petro.
Chief Counsel Elizabeth T. Smith replied for Mr. Petro that the trading fees were acceptable.
The SEC was also concerned whether the brokers in question could handle some of the large block trades from the bureau.
Mark Anthony, spokesman for Mr. Petro, said yesterday the letter from Ms. Smith was merely transmitting what bureau officials had told the attorney general’s office.
The spokesman said neither Mr. Petro nor his office had investigated the SEC’s concerns."
The Blade is absolutely unrelenting in its coverage of Coingate.
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