I love good news.
The board of an Illinois pension fund planned to ask District-based Carlyle Group last week about millions of dollars it paid a politically connected lobbyist for help in winning half a billion dollars in investments from the fund.These people are some of the most powerful people on the planet. Wealthiest, too. Asking questions leads to more questions. We'll see if anything develops from this. Hoorah for justice!
However, when Carlyle Managing Director David M. Rubenstein appeared in Chicago on Thursday, the board of the Illinois Teachers' Retirement System refrained from asking about the finder's fees paid to Robert Kjellander, an Illinois lobbyist who was recently elected treasurer of the Republican National Committee. The board wanted to avoid interfering with a federal investigation, said John Day, a spokesman for the pension fund.
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