Settlement Fund Archives - Page 30 of 31

‘POB a pie in the sky’

An investment expert has cautioned the Legislature against floating pension obligation bonds to address the immediate funding needs of the CNMI government, describing it as a “pie in the sky.” Wilshire Associates principal Maggie W. Ralbovsky, CFA, made this clear to members of...

Posted On Mar 05 2014 17:09

, By Moneth G. Deposa

Settlement Fund’s assets reach $106.3M, up by $1.5M

At the end of January 2014, the Settlement Fund had assets totaling $106.3 million, an increase of $1.5 million from Dec. 31, 2013’s balance. Settlement Fund investment consultant Maggie Ralbolvsky of Wilshire Consulting disclosed during her presentation in federal court on...

Posted On Mar 05 2014 16:54

, By Ferdie De La Torre

Woodruff’s $185K OK’d; Jorgensen’s $800K is placed under advisement

U.S. District Court for the NMI designated judge Frances Tydingco-Gatewood approved yesterday the $185,000 in attorney’s fees and costs for Betty Johnson’s local counsel, Stephen Woodruff, and said she will consider the $800,000 in attorney’s fees and costs for Johnson’s original...

Posted On Mar 04 2014 14:14

, By Ferdie De La Torre

Settlement trustee says personnel budget up by $141,008

While personnel wages and salaries of the Settlement Fund increased by $141,008 from fiscal year 2013, the Fund was able to reduce the overall administrative expenses by 17.85 percent, according to Fund trustee Joyce CH. Tang. In her supplemental report and response filed in...

Posted On Feb 27 2014 10:46

, By Ferdie De La Torre

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‘POB a pie in the sky’

Settlement Fund’s assets reach $106.3M, up by $1.5M

Woodruff’s $185K OK’d; Jorgensen’s $800K is placed under advisement

Settlement trustee says personnel budget up by $141,008

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