Tag Archives: massachusetts state
Pension fund fires 2 money managers
Boston Globe – The Massachusetts state pension fund fired two money managers yesterday for poor performance, including one that had lost $12 million investing with accused swindler Bernard L. Madoff. Austin Capital Management, which had managed $170 million in state […]
FACTBOX-Companies exposed to Madoff
Forbes – Following are some of the companies exposed to the alleged $50 billion securities fraud by Wall Street pioneer Bernard Madoff: * AUSTIN CAPITAL MANAGEMENT – The company managed money for the Massachusetts state pension fund, which lost […]