Detroit pension leaders indicted on bribery conspiracy charges

[ARCHIVED THREAD] - Detroit pension leaders indicted on bribery conspiracy charges

Posted: 3/20/2013 5:22:41 PM EDT

DETROIT -

Ronald
Zajac, of Northville, the general counsel of Detroit's two pension
funds, and Paul Stewart, of Detroit, a former trustee of Detroit's
Police and Fire Retirement System were both charged Wednesday with
participating in a bribery and kickback conspiracy involving more than
$200 million in investments before the two city of Detroit pensions,
announced U.S. Attorney Barbara L. McQuade.

Zajac and Stewart were added as defendants in a superseding indictment that already had charged former city Treasurer Jeffrey Beasley and investment sponsor Roy Dixon with the bribery and kickback conspiracy. The charges were set forth in a 5th superseding indictment issued by a Detroit federal Grand Jury on Wednesday.

http://www.clickondetroit.com/news/Detroit-pension-leaders-indicted-on-bribery-conspiracy-charges/-/1719418/19397804/-/mjg0gnz/-/index.html

What more can be said about the shitbags of Detroit?

Posted: 3/20/2013 5:24:02 PM EDT

[#1]

Detroit you say?

Shocking.

Posted: 3/20/2013 5:24:30 PM EDT

[#2]

No way!

Posted: 3/20/2013 5:25:25 PM EDT

[#3]

Detroit Wins Again

Posted: 3/20/2013 5:27:00 PM EDT

[#4]

Something tells me those numbers are probably way low.

Posted: 3/20/2013 5:43:19 PM EDT

[#5]

Say it isn't so! Not the hard working, honest people of Detroit.

Posted: 3/20/2013 5:51:45 PM EDT

[#6]

Put those venal bastards in the arena with swords and spears and let them fight to the death.

Posted: 3/20/2013 5:53:35 PM EDT

[#7]

Get used to these types of reports.

An emergency financial manager was appointed by the governor to oversee Detroit. The EMF will start working at the end of April. You can bet the shreaders are working overtime to destroy anything resembling evidence.

Posted: 3/20/2013 5:54:51 PM EDT

[#8]

Corruption in Detroit city government?

Nahhhh! Can't be.

Posted: 3/20/2013 5:55:57 PM EDT

[#9]

My baby didn't do nuffin

Posted: 3/20/2013 5:57:10 PM EDT

[#10]

People in Detroit want the taxpayers in the rest of the state of Michigan to bail them out constantly, but as soon as Lansing starts to attach any kind of strings to the money, the following cry is heard:

...wait for it...

...wait for it...

RACISM!

Posted: 3/20/2013 6:00:06 PM EDT

[#11]

Pretty much why I left my last job. Government whores voting themselves raises on the taxpayer funded system while doubling down on a cushy six figure pension for life.

Posted: 3/20/2013 6:05:46 PM EDT

[#12]

Quoted:
Say it isn't so! Not the hard working, honest people of Detroit.

What's left of them...

Posted: 3/20/2013 7:21:41 PM EDT

[#13]

I am shocked I tell ya, I am shocked!!!!!!

Posted: 3/20/2013 7:23:49 PM EDT

[#14]

Quoted:
Get used to these types of reports.

An emergency financial manager was appointed by the governor to oversee Detroit. The EMF will start working at the end of April. You can bet the shreaders are working overtime to destroy anything resembling evidence.

Probably working harder now then they ever worked in their lives.

[ARCHIVED THREAD] - Detroit pension leaders indicted on bribery conspiracy charges

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