(Columbia, SC) – The State Treasurer’s Office filed its response with the South Carolina Supreme Court this morning advising the Court that the Warburg Pincus investment funding has been authorized based upon the information contained in sworn affidavits supplied by senior officials of the South Carolina Investment Commission. The sworn statements verify each of the [...]
(Columbia, SC) – Today, the South Carolina Investment Commission refused to provide State Treasurer Curtis Loftis with a document that would provide safety for the retirement fund’s $26.5 billion. The Treasurer asked for a simple legal document, signed by the Commission’s chief legal counsel, that would certify that the terms and fees in the investment [...]
I firmly reject the Investment Commission’s efforts to silence my public criticism of the commission’s investment practices and its repeated refusals for information about the nature of investment practices, investment fees and contracts and other documents related to the investments. I will continue to press for transparency and accountability by the Investment Commission and staff.
To my Friends and Supporters:
Having my name mentioned for higher office is flattering, often amusing and usually harmless.
But recently those who oppose our efforts to bring transparency and accountability to how your money is managed have been using that harmless parlor game to thwart our efforts. Inside the corridors of power the special interest whispers [...]
STATE TREASURER’S OFFICE MAY HAVE MONEY FOR YOU …
We barely noticed it last week when S.C. Treasurer Curtis Loftis put out a press release praising the State Senate for preserving his ability to distribute unclaimed funds and property to South Carolina taxpayers.
Loftis referred to the Senate vote as “a victory for the citizens of South [...]
S.C. Gov. Nikki Haley’s attempt to create a small potatoes “efficiency cop” within the governor’s cabinet has been a total (and secretive) failure. As a result, S.C. Treasurer Curtis Loftis is stepping up to the plate in the hopes of delivering some real value to taxpayers.
Under the terms of a proviso included the state budget, [...]
South Carolina’s state government is constitutionally prohibited from running deficits – but that restriction (which isn’t always followed) doesn’t apply to local governments.
Now … how deep a hole have these county and municipal leaders dug for themselves?
According to the latest data from S.C. Treasurer Curtis Loftis’ office, local governments in South Carolina are currently $10.4 billion [...]
South Carolina State Treasurer Curtis M. Loftis, Jr. is visiting New York and Boston to meet with rating agencies, the state’s financial and investment partners, law firms and others. During the period of May 14th through May 22nd, Treasurer Loftis will be strengthening relationship(s) with our associates as well as searching for new alliances.
Treasurer Loftis [...]
We have no idea who Katrina Daniel is … and we’ve never heard of Greenville (S.C.) Business Magazine.
We’re gonna go out on a limb and guess that Daniel is a reporter … and that the publication she’s writing for has something to do with business … perhaps in Greenville?
We could be wrong about all that, [...]
Looks like somebody finally answered that Craigslist ad for a new S.C. State Treasurer …
Converse Chellis, one of South Carolina’s most left-leaning, free-spending “Republican” politicians, will face a GOP primary opponent in 2010, FITS has learned.
Clark Parker, a certified public accountant from Horry County, has decided to challenge the RINO incumbent – an intention he [...]
We’re pretty much impervious to political shock around here.
In fact, we take pride in our ability to see the S.C. political chess board several moves ahead of … well, anybody.
There’s absolutely nothing that surprises us – except S.C. Treasurer Converse Chellis endorsing parental choice.
Which he did today.
Wait … huh?
Are you kidding us?
Nope … it’s true.