{"id":23720,"date":"2010-12-30T05:58:30","date_gmt":"2010-12-30T05:58:30","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/ohio_sues_wells_fargo_over_pension_fund_loss\/"},"modified":"2010-12-30T05:58:30","modified_gmt":"2010-12-30T05:58:30","slug":"ohio_sues_wells_fargo_over_pension_fund_loss","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=23720","title":{"rendered":"Ohio sues Wells Fargo over pension fund loss"},"content":{"rendered":"<p>An Ohio pension fund has sued Wells Fargo &#038; Co to recover losses suffered when a bank that it bought put the fund&#8217;s money into a risky investment vehicle that failed.<\/p>\n<p>The School Employees Retirement System of Ohio, represented by state Attorney General Richard Cordray, said it lost $29.6 million because a unit of Wachovia Corp mismanaged a securities lending program marketed as a &#8220;low-risk&#8221; way to boost returns.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/idUSTRE6BS30820101229\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Ohio pension fund has sued Wells Fargo &#038; Co to recover losses suffered when a bank that it bought put the fund&#8217;s money into a risky investment vehicle that failed. The School Employees Retirement System of Ohio, represented by<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=23720\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,149,111,114,662,593,151,619,585,596],"tags":[],"class_list":["post-23720","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-economy","category-education","category-law-legal-issues","category-pensions","category-personal-finance","category-politics-in-general","category-state-government","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/23720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23720"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/23720\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}