Ohio probe sought in pensions' currency dispute

June 14, 2011
By Associated Press

COLUMBUS, Ohio (AP) — Ohio Treasurer Josh Mandel has asked for a state investigation into whether banks may have manipulated foreign exchange rates charged to Ohio pension funds and the state's injured worker insurance, potentially costing pensioners and businesses tens of millions of dollars over the past 12 years.

(Please click on this link for the rest of the article: http://moneywatch.bnet.com/economic-news/news/ohio-probe-sought-in-pensions-currency-dispute/6246781/)
From John Curry, June 14, 2011