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State government seeks more minority investment advisers
A Baltimore senator and Comptroller Peter Franchot raised concerns Wednesday about the failure to appoint an African-American investment manager to an unpaid committee that advises the state’s $37 billion pension fund.
Board to clarify process for pension position
Maryland officials plan to clarify how advisers are appointed to state's pension system after a black applicant withdrew his candidacy because of comments made about his character in a closed meeting.
Bond sale takes precedence over crabs
Comptroller Peter Franchot may have to be later than he'd like at this year's Tawes Crab and Clam Bake in Crisfield.
Wetlands license approved for broadband effort
In a step toward improving high-speed Internet access on the Eastern Shore, state officials approved a wetlands permit Wednesday allowing optic fiber cable installation over and under Maryland tidal wetlands. Comptroller Peter Franchot will be in Chicago Monday morning at a press conference with the Rev. Jesse Jackson and Illinois Gov. Rod Blagojevich to discuss ways to increase the number of minority investment managers for public pension funds.
Franchot wrangles over, eventually approves O’Malley’s $75 million in proposed budget cuts
Comptroller Peter Franchot grilled Gov. Martin’s O’Malley’s budget secretary for more than an hour at the Board of Public Works meeting over $75 million in budget cuts the governor proposed and Franchot eventually approved.
O’Malley, team defend sale of former troubled youth facility
Gov. Martin O’Malley and his juvenile services team defended their decision Wednesday to allow the sale of the former Bowling Brook youth facility in Carroll to a for-profit Nevada firm that runs juvenile detention centers.
Board transfers grant obligation on boys school
In a move to reopen a school for troubled boys where one youth died after being restrained by staff last year, the Board of Public Works voted Wednesday to remove some hurdles to enable a company to buy the facility.
Public works board approves $50 million in cuts
The Board of Public Works approved $50 million in spending reductions Wednesday to compensate for the repeal of a hugely unpopular sales tax that never took effect.
Franchot says his inspectors will hunt for gaming devices
Comptroller Peter Franchot has upped the ante in his crusade against slot machine gambling, telling 7,200 retail alcohol licensees that his agents would now be hunting for illegal gaming devices. More Peter Franchot Stories
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