KY

Politics
1:18 pm
Thu September 13, 2012

Retirement Official Says Pensions Systems Haven't Used Controversial Placement Agents Recently

After being heavily criticized for their use, Kentucky’s major pension program says it hasn't used a placement agent for three years.

Placement agents are investing middle men that direct pension funds to investment opportunities. Kentucky has not had a good track record with placement agents, who have been accused of mismanaging millions for the pension funds according to a 2011 audit.

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Morning Cram
8:52 am
Thu March 29, 2012

the morning cram [the man, the legend edition]

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"When Earl played, he put fire in his right hand...it had the stank on it...it was the right thing." - Ricky Skaggs

NPR reports Earl Scruggs, legendary banjo picker and giant of bluegrass music, has passed away at the age of 88. 

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Morning Cram
11:55 am
Thu December 15, 2011

the morning cram [there's no place like home edition]

Nine years of war in Iraq is symbolically coming to an end.NPR reports the number of troops in Iraq has fallen from 20,000 to 4,000. Hopefully the real end is on its way as well.

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