Congress Probing Charlie Millard’s Quixotic “North Star” Strategy For “Insuring” Pensions | Talking Points Memo

Even later update — Earlier posts read as though Millard’s investment plan had been entirely implemented, which we don’t believe to be the case. A Congressional staffer said the PGBC had refused to say how much of the fund had already been reallocated under Millard’s guidelines. But a PGBC spokesman told BusinessWeek none of it had and that the agency would “work with our board to decide whether these contracts should be terminated and whether strategic partnerships fit into the board’s investment approach going forward.”


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=142742