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Legislators shut the public out of a meeting on Tuesday to discuss a state agency's use of public funds to make venture capital investments in private companies. Ironically, closing the meeting allowed for better public scrutiny of the agency's activities, said the committee chairman, Rep. John Wright, R-Broken Arrow. The House Government Reform, Agency Oversight and Administrative Rules Committee was scheduled to discuss the "activities and investments of the Oklahoma Capital Investment Board," according to the agenda for Tuesday's meeting. The Capital Investment Board, created in the late 1980s, uses tax credits as collateral for borrowing money to invest in private venture capital funds. Among its many projects, the board had a part in the temporary relocation of the Hornets NBA bask...
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LOS ANGELES - An activist investment fund disclosed Thursday that it has bought a 5.2 percent stake in troubled Web portal Yahoo Inc. and called for sweeping changes to the board. A public letter from Daniel Loeb, chief executive of investment adviser Third Point, comes after Yahoo's board fired CEO Carol Bartz on Tuesday after 2 1/2 years on the job, a move she bitterly criticized in an interview published Thursday.
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... (TCA) published two draft regulations for public review in May 2008. The first of these allows the Turkish Competition Board (TCB) to impose higher fines on entities that brea.... Infrastructure Investment Trusts: A draft Communique on the Principles Regar...
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The following Putnam County-related news and feature items were among those published in recent editions of The Charleston Gazette, Charleston Daily Mail, Saturday Gazette-Mail and Sunday Gazette- Mail: Senate defeats Tomblins U.S. 35 proposal On March 2, the state Senate shot down acting Gov. Earl Ray Tomblins proposal to shore up funding for the U.S. 35 toll road, leaving the projects status in jeopardy. The state has been struggling for months to find a way to complete the final 14.6-mile stretch of road in Mason and Putnam counties before the low bid on the project expires. The Tomblin administration had pitched a plan that still called for tolling all 32 miles of U.S. 35, but the Senate rejected that plan by a 21-12 margin. I think we need to go back to the drawing board on the la...
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Schweitzer makes less than the head football and men's basketball coaches at the University of Montana and Montana State University and the head women's basketball coach at UM. Rounding out the 10 highest-paid state employees are: * Virginia Hill, a psychiatrist for the Department of Public Health and Human Services, which oversees the state mental hospital, $191,118. * Allen Harmsen, professor of veterinary molecular biology at Montana State University, $186,872. * J. Thomas Gray Jr., psychiatrist for the Department of Public Health and Human Services, $185,911. * Clifford Sheets, chief investment officer, Board of Investments, $185,000. * Daniel Hash, dentist, Department of Corrections, $177,027. * David Schaefer, psychiatrist, Department of Corrections, $174,962. $38,550 average The...
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Regents award raises IOWA CITY -- The Iowa Board of Regents unanimously voted Thursday to give 4 percent salary raises to the presidents of three state universities and to sweeten the deferred compensation packages for two of them. The increase puts the annual salary of University of Iowa President Sally Mason at $483,600, Iowa State University President Greg Geoffroy at $440,561 and University of Northern Iowa President Ben Allen at $332,800. Board President Craig Lang said the raises were awarded after the nine-member governing board spent Wednesday behind closed doors conducting performance reviews of the university leaders. He said the regents considered many factors, including the sour economy, the rising cost of education and "the value of this investment to the public and the ci...
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Register Staff NEW HAVEN -- Workforce Alliance, the public/ private work force investment board for South-Central Connecticut, has won a three-year grant to help link candidates with careers in "STEM"-related fields. STEM (science, technology, engineering and math) cuts across all industries and Workforce Alliance has brought on Debra Vazquez as coach to help prepare disadvantaged adults, ages 18-24, and dislocated workers for mid- to high-wage careers in fields such as advanced manufacturing, engineering, computer science and technology.
