SC

SC Retirement Commission Picks New Leader (Secretly)

SENATE STAFFER CHOSEN TO MANAGE MULTI-BILLION DOLLAR FUND Ever heard of the term fait accompli?  It’s French for “accomplished fact,” and refers to situations in which people are presented with decisions that have already been made on their behalf. Which leads us to today’s quiz … What state agency can…

SENATE STAFFER CHOSEN TO MANAGE MULTI-BILLION DOLLAR FUND

Ever heard of the term fait accompli?  It’s French for “accomplished fact,” and refers to situations in which people are presented with decisions that have already been made on their behalf.

Which leads us to today’s quiz …

What state agency can hire a $200,000-a-year (not counting benefits) executive director without advertising the position? And without notifying its board members until two working days before the decision is to be announced?

Could it be the same agency that doled out $1.4 million in bonuses to its top executives last year?  The same agency that paid out a record $427,000,000 in fees and expenses last year?  The same agency that’s had three chief operating officers in one year (not counting the present interim executive director)?

Yes, we’re referring to the S.C. Retirement System Investment Commission (SCRSIC) – which boasts the highest fees and some of the lowest returns of any large pension fund in America.

According to our sources, SCRSIC leader Reynolds Williams – whose law firm profits from commission deals – has chosen a crony of liberal S.C. Senate leader Hugh Leatherman to serve as the new head of the agency.

Leatherman’s crony – current S.C. Senate staffer Michael Hitchcock – will be nominated for the position at a hastily called Monday meeting.  Hitchcock will replace of Sarah Corbett – who resigned last month after only one month on the job.

Really?  

So let’s get this straight: The best person the SCRSIC can find to manage this multi-billion dollar fund is a glorified legislative errand boy?  One who has no financial background?  And who does the bidding of the most liberal politician in the state?

Wow … that thought should send chills up and down the spines of South Carolina retirees and taxpayers.

Oh … and it’s also worth noting that Hitchcock’s hiring has been personally managed behind the scenes by Ed Giobbe, appointed to his post by so-called “transparency” advocate Nikki Haley.

Sheesh … “the more things change,” right?

We checked in with S.C. Treasurer Curtis Loftis – a commission member who has relentlessly pushed for reform of this corrupt agency – to see what he thought about this arrangement.

Not surprisingly, he’s displeased …

“The leadership of commission believes it is above the law,” Loftis told us.  “They believe they can hire in secret and then pay hundreds of thousands of dollars to an unqualified candidate and not be questioned.  The outcomes of the commission meetings are predetermined – the public votes are for show.”

Loftis added that “the commission is more concerned with picking fights” than prudently investing retirees’ assets.

We agree …

This agency is out-of-control – with its self-serving corruption literally knowing no bounds.  Worst of all, the mainstream media that should be working to expose these scandals is instead attacking the one guy trying to reform the system.

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229 comments

I'm Just Sayin August 22, 2014 at 12:10 pm

“Not surprisingly, he’s displeased … …Loftis added that “the commission is more concerned with picking fights” than prudently investing retirees’ assets.”

Yeah, I’d be pissed too if I was Reynolds Williams’ bitch.

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Clarissa August 22, 2014 at 6:22 pm

Picking fights is Curtis Loftis mode of operation. Curt has lost millions from the funds and he will be exposed for his stupid dealings with the bank of NY. He is like a wild cat in a cage! He cannot change what he and Ravenel did. 2 peas in a pod. drugs, drunken nights and insane accusations. Best of luck to the new director. Curtis cannot bully him!!! Curtis has lost retirees assets and like the Bank of America, the Bank of NY will be fined billions. Some of that money will go back to the State retirees funds. Get to work, new director. And WELCOME

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Good laugh August 23, 2014 at 12:34 am

Bwahahaha! I just peed my pants laughing. Thanks I needed that!

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Wayne B August 22, 2014 at 12:13 pm

If this rumor is true, it is an excellent choice. As a retiree who has followed the RSIC since its creation, Curtis Loftis is the biggest problem facing the Commission. He is the one picking fights. Loftis should not be on the Commission.

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RogueElephant August 22, 2014 at 1:16 pm

“Curtis Loftis is the biggest problem facing the Commission.” You got that right. He is the only one standing up and asking the tough questions. Why is SC paying the most and getting the least for our retirees ? Why do these slimeballs running the retirement system get big bonuses while the retirees get the shaft ? Why isn’t someone doing something about this problem? One person can’t do it all. Terminator above asked some very good questions. Why all the talk and no action ?

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Brian August 22, 2014 at 1:24 pm

All wasteful slime buckets hate questions, and Loftis is the man that puts them on the spot!
These negative comments are from a couple of investment insiders.

When they quit bashing Loftis you will know Loftis is no longer effective.

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Deja vu August 22, 2014 at 6:14 pm

Curtis is currently emailing his perceived friends and asking them to comment or at least “up” the “pro-curt” comments. He used to stand over me at work until i would comply in commenting or emailing his perceived friends. Now I get emails from friends when he gets his posts on here and we laugh and mock him.
It’s been over a year since I left and it’s been the best year of my life. He knows no boundaries and treats his staff, friends and family like 3rd class servants. I can’t believe no one wanted to run against this guy.

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Got to work for retirement August 25, 2014 at 7:17 am

Glad you made it out. Most everyone else is stuck. Once a potential employer sees his name in the job history section of an application, your name is mud. Unless you know someone who can help you out of that office, you’re just doomed for the next four years. Somebody needs to expose him and get him out of that position before the employees are driven to the point of insanity. People here are getting to the end of their rope, and will come forward soon with videos and lawsuits. We don’t have to work in this awful environment. I’ve never witnessed anything like it in my entire career.

Effective August 22, 2014 at 11:11 pm

Loftis was never effective. He has done nothing, nothing for the State. Lost millions from the retirees fund, paid his intimate friend millions, made false accusations , lies, conflicts and cannot work with people in his own office and the commission. He cannot be effective now . The legislature will take care of it for the sake of the people of SC.

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M326 August 22, 2014 at 3:22 pm

Curtis Loftis lost retirees over $200 million when he settled with the Bank of New York for 12 cents on the dollar. The only ones who made out like a bandit were the Bank of New York and Loftis’s personal attorney who walked out with $2 million in his deep pocket.

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DSS August 22, 2014 at 3:33 pm

M326 is Sam Griswold is a liar. I worked with him at and I know it to be so.

Now he is with Consumers Choice, one of the worst Obama funded health issuance plans in the country.

I wonder how much money he is making off that. Both above and below the table.

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Roses August 24, 2014 at 12:58 pm

Oh, Curtee, c’est aujourd’hui dimanche et je vais voir maman, J’ai achète des roses blanches parce qu’elle les aimait tant! Et toi, Curtee , qu’est-ce que tu vais faire aujourd’hui dimanche. Une petite photo d’une église sur Facebook pour faire plaisir aux dames du tea party. Je te conseille d’aller voir ta mere et de lui apporter des roses blanches parce qu’ellle les aime tant. Que le bon Dieu, si misericordieux, qui a tant aime les hommes, pardonne le mal que tu as fait sur terre et sauve ton âme des enfers. Imposteur!

jimlewisowb August 24, 2014 at 1:06 pm

Oh, Rosee, C’est un blog en anglais. Si vous voulez embrasser, sucer ou baiser français bite, soit trouver un blog français ou mieux encore prendre un bateau lent et aller à baiser France

Roses August 24, 2014 at 1:23 pm

Hein!!! Je ne te comprends pas Tu manques de savoir, et d’intelligence. Retourne a l’école, petit conard! Pour améliorer ton francais.

cowdad August 22, 2014 at 1:32 pm

It is incredible that you would prefer to keep your head stuck in the sand. If it were just Curtis saying that place was corrupt, that would be one thing. But even the latest Funston audit describes major violations of fiduciary duties at that place.Your status as a retiree gives you absolutely no special status for commenting on this. It’s the current members of the plan who are going to pay the prices for the excesses of Reynolds Williams, not current retirees–so you really have less status for commenting on this than the 200,000 or so current members.

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M326 August 22, 2014 at 3:24 pm

Your understanding of the Funston audit is amazing! At one point, it states that the biggest risk to the retirement fund is Curtis Loftis! You obviously have not read this report or if you did are misinterpreting it badly. What are your financial analysis credentials, anyway?

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DSS retired August 22, 2014 at 3:39 pm

M326 is Sam Griswold and old Sammy Boy is a liar. I worked with him at and I know it to be so.

Now he is with Consumers Choice, one of the worst Obama funded health issuance plans in the country.

Obama gave them $80,000,00. Lots of fingers in that pie. That is why he likes the big pie at the investment commission. It is 30 billion dollars, and there are lots of fingers in that pie.

I wonder how much money he is making off that. Both above and below the table.

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tombigbee August 22, 2014 at 5:39 pm

Curt sounds jealous!

Dad August 22, 2014 at 5:53 pm

Curt is in love with Sam. Sorry, Sam is married with kids. Curt, look at your new PR guy. Take him to the Phoenix bar in NY or a bar in Washington or Boston and see if he stays with your office! LOL

Perv August 22, 2014 at 6:15 pm

His next PR guy (5th or 6th now?) should be advised not to travel with him.

Not fair! August 22, 2014 at 6:15 pm

Super jelly!

Urgent August 25, 2014 at 10:47 pm

You need to go the tapes and listen to the activities of the commission. Loftis has lost all credibility.. He is a sick man not able to handle fiduciary duties. He has lost the fund millions .. in the long run billions. Loftis must be taken off the commission. He is not smart and is over his head.. A dangerous situation.. incompetent man with a 27 billion dollars trust fund.. Urgent action needed..

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cowdad August 22, 2014 at 7:41 pm

Curtis is not the one taking his friends up there to get $30 million. After the internal investment committee votes down an investment 3 times, Curtis is not the one railroading it on to the agenda anyway. Curtis is not the one who stood up in an investment and claimed his firm might do some work for this investee when he had already done some of that work.

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Guest August 22, 2014 at 12:23 pm

I lost confidence in Loftis as well as the rest of the establishment politicians in this State when Loftis did not have the chutzpah (i.e. balls) to challenge Haley to be the governor and then push for term limits to absolutely every elected official in this State.

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Pfft! August 22, 2014 at 12:54 pm

Loftis is just a bag of useless wind. Always blowing here and blowing there, but nothing changes.

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Brian A August 22, 2014 at 1:18 pm

Loftis stated plainly that had work to finish at the Treasurer’s office. Thanks to him for staying and completing the job, and not hoping up the later like most pols.

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Dad August 22, 2014 at 5:30 pm

Brian. Where have you been for the last 4 years? Loftis has done nothing, zero, nothing for the state and the people of SC. He has lost millions for the retirees fund and has paid his intimate friend 2 millions from the fund and has signed a 10 years contract with the same bank of NY that has cost the fund millions! Stupid is and Stupid does. the new leader will stand for the retirees of SC and not for Curtis and his vices. HOPING UP THE LATER???? LOL Fat fingers Curt!!

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cowdad August 22, 2014 at 7:22 pm

Sam, you and Reynolds can claim Curtis lost millions but you can’t prove. And not only can’t you prove it, you can’t even offer any evidence that has any credibility. And look, I know Reynolds Williams is a liar because I listened to his description of what happened at the Supreme Court last March–Reynolds described that hearing as if it were a victory. Sam, were you there at that hearing? Did you hear Reynolds’ lawyer’s voice cracking after the justices walked on him like they did?

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Loftis is so ignorant August 23, 2014 at 12:31 am

Curt, stop using Brian’s name. That’s the most obvious post you could make embicile.

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M326 August 22, 2014 at 3:18 pm

I lost confidence in Loftis when he paid his personal attorney $2 million of retiree’s money to settle a lawsuit with the Bank of New York for 12 cents on the dollar. Somebody got rich on that and it was not retirees.

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DSS with Samuel August 22, 2014 at 3:37 pm

M326 is Sam Griswold and Sammy is a liar. I worked with him at and I know it to be so.

Now he is with Consumers Choice, one of the worst Obama funded health issuance plans in the country. They were given nearly $80,000,000 dollars of tax money by Obama and there is no way, in law, for them to pay the money back.

I wonder how much money he is making off that. Both above and below the table. $80 mil in free taxpayer money is a lot for everyone!

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Friend of Sam August 22, 2014 at 5:36 pm

DSS with Samuel is Curtis Loftis who is one of the biggest liars in State Government.
Now, now, don’t get all apoplectic on us here, Curt. Sam Griswold has never lied to me and I worked with him for a long time. Now, aside from you, can you name one other DSS person who can attest to the allegation that Sam lies? His reputation there was that he told you the truth even when you didn’t want to hear it. I know you got fired from the Lt. Gov.’s Office on Aging and the CG’s office of transparency. When did you get fired from DSS? Never knew they would have you. Relax, now, Curt. It’s going to be just OK.

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Kurtys August 22, 2014 at 6:11 pm

STOP MAKING FUN OF ME!!!!

Enough August 22, 2014 at 11:04 pm

What in the world does this have anything to do with the new director of the commission? Good luck and best wishes to him! Enough of this crap! Enough… Send Curtis Loftis in outer space.. Far away..

Dad August 22, 2014 at 5:19 pm

Loftis will never, never, never be governor. Too many problems with this stupid man. Going back , way back. Just run an internet search on Curtis Loftis (Serbia Link .. Ukraine link.. 2004) He was crazy then and same in 2014. I hope the new leader will send him back to W.Cola. He has done so much harm to the people of SC.

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Temper tantrum baby August 23, 2014 at 12:28 am

His temper will cost him much now that he is getting comfortable (after the primary) in the public eye. Throwing papers, cell phones and computer equipment at employees will only be tolerated for a short time. I foresee hostile work environment lawsuits from all directions.

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Jailbird September 27, 2014 at 10:29 pm

True. Can’t be governor from a jail cell.

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cowdad August 22, 2014 at 7:08 pm

Guest, I have had my complaints about Curtis too, but the bottom line for me is that what Curtis is doing is right, and I also believe in the best interest of the people of South Carolina. I don’t mean to criticize Converse, but Converse should have known what was going on. Converse tried again and again to get an audit committee started at that place and they kept delaying and delaying and delaying. This is not really an issue that Curtis should even figure much into, is it? Sam and Reynolds have tried to make this about Curtis, but it’s not about Curtis: This is about the retirement trust fund of hundreds of thousands of people. This is a gigantic issue. We are talking about the largest single assets for most of the members of the plan.

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True August 25, 2014 at 5:23 pm

Yes it is a gigantic issue . That is why Curtis Loftis must be taken off the commission. This is about Curtis… The biggest problem with the commission is Loftis.

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Hal August 22, 2014 at 12:41 pm

I like Loftis. He us shaking ghings up!

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Dad August 22, 2014 at 4:34 pm

ghings up? Fat fingers Curt, getting in the way. Cannot use the state provided computers anymore? On the tax payers time and money? Fat fingers. LOL

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Ryan the Man! August 22, 2014 at 7:13 pm

Well, I can stop now, and go play. My job is done. What job you say?
To wind Sam up and have him post stupid crap that makes him, and his beloved RSIC, look stupid.
I have done a wonderful job. I am the best. Of course, Sam is the easiest mark there is!

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Curty is the man August 22, 2014 at 7:59 pm

Made a call and found out Curty-boy left work as soon as this post came out. Curtis is te easiest person to get a rise out of. Curty-boy ain’t done. He’ll be back in 5…4…3…2…1…

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On the rise September 27, 2014 at 9:52 pm

Well you would have to be a willing young male, and a little on the dense side, if you want to get a “rise” out of the bug man. However, to say he is easily irritated would be an understatement.

Matt August 23, 2014 at 7:44 am

These threads that appear on any story remotely about Loftis are disturbing. The comments reflect a government agency, the Investment Commission, trying to silence or disparage a critic. The comments are not related to any alleged secret hiring of Mr. Hitchcock, but to any and all possible claims against Loftis, most of which are unfounded or absurd.

I am a democrat so I will never be voting for Loftis, but those attached to the Investments Commission (who else would care enough to comment?) are exhibiting a mania that is uncommon for those entrusted with great responsibility. It is disturbing, and reflective of abusive personalities seeking power and control through vitriol, not meritorious behavior.

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Matt is Curty August 23, 2014 at 8:41 am

Matt is another Curtis alter ego. Look at the flowery wording and the black/whiteness of it. Sounds like Curt took his meds this morning so he should be good for a few hours. Still crazy to use an alter ego to talk about yourself in the third person.

Retiree in Lexington August 23, 2014 at 10:04 am

But it is true that the Reynolds’ rapid toothless attack dogs attack Curtis on any investment commission, even one that Curtis is not in. The story about Harris getting a great job at American Timberlands after he wrote up glowing recommendations of Timberlands and pulled the wool over everybody’s eyes. Reynolds had his senile attack dogs barking “Curtis Loftis”, “Curtis Loftis”, “Curtis Loftis”, etc. Curtis didn’t make Reynolds a crook: Curtis just pointed that out that Reynolds is a crook. If it weren’t true, Reynolds wouldn’t get so worked up. Reynolds is scared half to death he is going to be found out.

USCdad August 23, 2014 at 1:50 pm

Curtis your behavior indicates you’re the only one who is scared. Reynolds is kicking back with his feet up waiting for your show to end. He’ll have the last laugh when you completely self destruct.

Help August 25, 2014 at 7:38 pm

The story is about Curtis Loftis. and you should not waste you time posting on this . Reynolds has not been worked up about this. Poor curty . Curtis needs your help. Go to work for him. LOL. violent temper, vile man, sick, stupid, pervert.. He needs help

Merit August 24, 2014 at 9:40 pm

That critic is a member of the investment commission. Curtis does not have the brain nor the qualifications to serve on that commission and has done many mistakes that have cost the fund millions and in the long run billions to the trust fund of the retirees of SC. The Bank of America has paid billions in fines and some of that money is going back to retirement funds, teachers funds across the country. The Bank of NY will do the same and Curtis Loftis will be the one who was not smart enough to stop the drainage of the trust fund of the retires of SC. His intimate friend got paid 2 millions. He lost 200 millions. never to return. Curtis Loftis was entrusted with great responsibility and could not perform. It is disturbing and reflective of abusive personalities seeking power and control .. Yes, indeed. CURTIS.. You seek power but you do not have meritorious behavior.

We know its curt August 25, 2014 at 7:08 am

So how did the info get leaked to fits? Curtis? We are waiting for your answer? People are on you like a fly on sh…, well, you know.

cowdad August 25, 2014 at 8:03 am

The governor should pin a medal on whoever leaked the story. Every confirmation of corruption takes its toll on the corruption, like another straw on the camel’s back, which should be close to breaking.

Sad August 25, 2014 at 9:11 pm

Where do you see silencing a critic? Get your fact Matt. Glad that you will never vote for Loftis. The claims against Loftis are true and founded . Just a simple internet search …. Do it.. The trueCurtisLoftis.com. Is Curtis Loftis gay? Alt.talk.royalty.1/18/04.. Richinyu2003. Wots this I hear Curtis that in 2001 you took on a male servant to look after your every needs? You interviewed quite a few guys for the job, the only qualification was a huge dick. U still taking it that way? U know the guys at your church really dont believe ur always hanging around with a guy with a huge bulge just cos he worked for you- yeh right! Need more posts.. many more sick and sad

Job August 24, 2014 at 8:49 pm

What is your job? Curt… That is the question…

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Play August 24, 2014 at 8:53 pm

What is your job, Curt…. That is the question.. You are over your head and cannot compete with the members of the commission and your staff. Sad, very sad..

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cowdad August 25, 2014 at 8:06 am

This article is about the corruption of Reynolds Williams, which really has nothing to do with Curtis, except that Curtis has exposed quite a bit of Reynold’s corruption. And Reynolds does not like that, does he?

Play August 24, 2014 at 9:04 pm

Curtis loftis’job is to wind Sam up! No, Curt, no.. no Your job is to be the treasurer of this state.. you need to understand that. We now have the answer why you are ineffective . You have done a criminal job and you will be exposed soon. Very soon

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sconset987 August 22, 2014 at 12:42 pm

Why are we getting so many positive posts about Loftis all of a sudden? He doesn’t have an opponent in the November election. Is he headed for trouble? There have been rumors out there for a while.

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K&L August 22, 2014 at 12:44 pm

Because he is only guy in state to fight the good old boys! Those special interest folks are bleeding us

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Brain August 24, 2014 at 8:20 pm

K&L get a life. You are Curt. You are not a state employee . You are not a retiree. You are = bottom line= shit for brain

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cowdad August 22, 2014 at 1:34 pm

Because the story is building. With each new incident, there are more people who begin to understand what a problem we have.

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Dad August 22, 2014 at 5:44 pm

Yes, we have a problem. Curtis Loftis .. Curtis Loftis.. The new leader will take no BS from this guy. And yes, we understand what a problem Curtis Loftis is. Mental, physical, moral .. Just run an internet search on him . easy .. public records.. Violence against women, sexual disease, vile behavior, lies, bullying, deceit.. All in public records. Glad to have a new leader in the commission. Welcome…

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cowdad August 22, 2014 at 6:41 pm

Sam, Curtis never lied to get $30 million for one of his friends. Reynolds did that. And maybe not so many people know about it now, but you know that more and more and more people are going to find out about it, no matter how you and Reynolds may work to put the focus on Curtis. Maybe there should be a focus on Curtis for something, but the magnitude of what Reynolds has done is many times everything you and Reynolds have ever accused Curtis of. You can attract attention for a brief period of time why squealing like a stuck pig, but nobody in the legislature is going to want to hear that crap again. You have tesitifed before the legislature for the last time.

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Ghost August 22, 2014 at 6:44 pm

Be quiet and go clean your office and turn the lights out before you leave

Fat August 22, 2014 at 9:42 pm

Tesitifed? What is that? Fat fingers in vaseline again!! LOL Loftis. you are so stupid. Stop posting on Fits! You expose yourself for what you are! Gross.. The Bank of NY and you will answer and pay fines like the Bank of America. .. Billions have gone back to retirements funds.. teachers funds… Cannot wait

Prick August 23, 2014 at 12:22 am

But Curtis did break the law to get $2mil for his close, personal attorney friend. Once again exhibiting abuse of power. He is a bullying coward who will tuck his tail and run off crying like a girl when you stand up to him. I was going to say respect is earned, not given, but I can’t use the word respect in any manner regarding the bugman of west columbia.

M326 August 22, 2014 at 3:13 pm

Because most of those posts are made by Loftis himself using pseudonyms or staffers.

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DSS with Sam August 22, 2014 at 3:35 pm

M326 is Sam Griswold is a liar. I worked with him at and I know it to be so.

Now he is with Consumers Choice, one of the worst Obama funded health issuance plans in the country. Lets see they taxes…oh wait, they have not been filed!!!

I wonder how much money he is making off that. Both above and below the table.

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Stay on topic August 23, 2014 at 12:17 am

Why do you keep bringing up Sam’s name? This article has NOTHING, ZERO, ZILCH to do with Sam. What is your issue?

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John August 23, 2014 at 3:40 am

Lets see they taxes??? What is that? Fat fingers in vaseline again. Curt! LOL

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Simple August 23, 2014 at 7:48 pm

Simple Curt. Inherited wealth, You know . like the Duponts, The Kennedys…Savador Dali…Picasso. No crime in that, my dear..You do not need to be jealous, sweetie. Bless your little heart.. If you are good… we may attention to your temper tantrums and all..

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Where??? August 25, 2014 at 7:03 am

Curtis, where does your money come from? We all know you have failed at everything you have attempted, so where did you get your money? Is it mommy & daddy who handed it to you? Or did you make it off your “charitable foundation”? Or have you and your attorney friend been running those shady deals all of these years, ie., BONY lawsuit, that earn him a huge attorney fee, and he shares it with you? You can’t sit home, ( or in your case, sit in a state office) and draw little ($92,007/yr) or no money, and accumulate the wealth you brag of. So, where do you get your money, curt? That’s right, now it’s clear. You do draw money just sitting in your rump. Daddy pays you to stay away from the bug business, ever since you failed at that too! Too much of a liability for the family business, too many lawsuits. Man, your name is all over the docket in Richland and lexington counties.

Slander August 25, 2014 at 3:05 pm

DSS with Sam , Curtis should think before making statements like that . But , he cannot think because he has SHIT for brains. Exposed as such in 2004 and you know impossible to buy artificial intelligence. Shit for brains then Shit for brains now. Slander does have consequences, Curt.

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Free at last!!!! August 22, 2014 at 6:09 pm

No one at his office posts on here to do his bidding. He is universally hated.

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cowdad August 22, 2014 at 6:46 pm

Sam, you know that Curtis is not the only person who finds corruption to be offensive. Think about it. Most people here go to church and know the difference between right and wrong, and as more and more people learn the facts, more and more people are going to get involved, because this stuff Reynolds has done is so offensive that people are moved to do something about it.

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Church August 22, 2014 at 9:58 pm

So, they know the difference between a violent offender, anger beyond control. bullying to staff that they leave without a job waiting, anger toward women (court documents and tape from the testimonies with the senate hearings with senators Bryant and Laurie ) sexual disease, fornicating outside mariage. So glad Curtis goes to church!!! LOL!! People, please. do something about this vulgar man.

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Sock August 23, 2014 at 8:33 pm

Hope that he will get his ass kicked all the way to eternity, I see in his Facebook that he is ready for a tough week! Wander if the tea party ladies know what a vile person he is.? Sick, vile, fake and incompetent. The legislature will take care of that! Sock it to him!!

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Tom August 22, 2014 at 12:42 pm

The Commission is bottom quartile in performance. Pays high fees.
And we need a government lawyer?

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The Colonel August 22, 2014 at 12:48 pm

I’m confused as to why we’re paying all these bureaucrats to do something any competent investment firm could do for us. What are the qualifications of these good Ol’boys (and girls)?

Oh, thanks for the French lesson Will, I didnt know you knew how to use the Wikitionary.

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aikencounty August 22, 2014 at 2:55 pm

EXACTLY!!!!!!!!!!

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cowdad August 22, 2014 at 6:24 pm

Reynolds’ qualifications are that he is Certified Financial Planner (CFP). That means he is qualified to advise people on their wills and give advice about IRAs and 401(k)s, but I don’t think CFPs can give advice to individuals on specific investments. A CFP is no qualification to serve on that board and I suspect the law was rewritten to allow CFP’s to be on the board for Reynolds. I think if we knew the whole truth, we would find that Reynolds saw that big pot of money and pushed for a new law making a new board in 2006. Then he had to push for another law to allow the RSIC to move investments out of the Treasurer’s custody and into the hands of alternative investment managers, and Reynolds is on the record taking credit for that (01/31/12 at the senate finance committee, and the video is online.) Think about it: Why would Reynolds Williams serve on that board for all those years without any pay? Do you think it’s because he’s got warm spot in his heart for retired state employees?

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Fake August 22, 2014 at 10:23 pm

Curtis Loftis has no qualification, none to be treasurer. The bugman of West Columbia with many problems, mental and physical. The new director will not take any BS from Loftis. Great! A welcome relief for the retirees of this State. A great day for us retirees!

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The Colonel August 22, 2014 at 11:53 pm

Why don’t we just hire the Mutual Fund Store guys, it would have to be cheaper and more effective.

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cowdad August 23, 2014 at 10:17 am

That is what they had in 2005 before Reynolds got the law changed so that he could wheel and deal.

Wayne B August 23, 2014 at 3:24 pm

That is not factual. Of course you know that, don’t you?

Bugman August 23, 2014 at 12:13 am

Curtis’ qualifications are CBE (Certified Bug Exterminator) that means he is qualified to spray for pests and rodents, and he can’t even get that right. Someone should’ve told him to SPRAY the chemicals, not SNIFF them.

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cowdad August 23, 2014 at 10:19 am

The investment commission is infested with big cockroach named Reynolds Williams, who Sam can’t even defend. Wayne Bell can’t defend Reynolds Williams.

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Wayne B August 23, 2014 at 1:16 pm

Me. Williams does not need me to defend him from the personal attacks made by Curtis Loftis. Try another tactic.

Wayne B August 23, 2014 at 3:21 pm

Correction: that should have read: Mr. Williams….

Bug August 25, 2014 at 11:22 pm

Cockroaches are Loftis’s specialty. He knows all about them. but he does not know that they are not people. He sniffed the chemicals and they made him strange. He is imbalanced , scary and all.. I worry about my trust fund since he does not have a degree in finance but in bug control and he thinks that people are bugs. Reynolds Williams is not a bug , I know him! People are not cockroaches.. Tell Curtis Loftis that..

Curt needs friends September 27, 2014 at 10:14 pm

He doesn’t even have a bug man degree. Sad. So sad. He created his republic of curtland to escape the pain resulting from his many, MANY years of failures. It’s his only escape from the cruel reality that he has disappointed his parents, embarrassed the family name, and continues on a daily basis to fail at every single thing he attempts. Ah, but soon, very soon, he will no longer be able to escape to curtland. He will be escaping to the republic of curt’s cell at the penitentiary and his curtmobile will be impounded. What ever will he do without his mighty curtmobile? At least he will finally have a lot of friends. Remember, curt, drop the soap. Just act like it slipped out of your hands. You will have so many new friends if you follow that one simple rule. Drop the soap. Drop the soap. Drop the soap.

Jerk August 22, 2014 at 8:12 pm

You are stupid and that is why you are not paid to do work for the commission. Or you are paid and cannot understand your job. You must go Curt! The legislature will get you out. For the good of the retirees of SC. curt is a jerk!!

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The Terminator August 22, 2014 at 12:52 pm

A major void will result and they will all end up in federal prison. Filling a position like that without advertising invites thousands of lawsuits. Lawsuits that bring discovery and its host of techniques to expose the obvious criminal activities that run wide in this state agency. What can we expect when it sits on top of – and controls – billions of dollars? Imagine a bunch of roaches feeding under the cover of darkness, and that’s what you have here. The people of South Carolina have to force things to happen. We don’t need just change, we need prison sentences for these people. Forget about Curtis. He is playing both sides of the fence. Focus on Leatherman, just like we focus on Harrell. Undermine them. Push them back into a corner like Harrell was and still is. Are you people scared? I am not. I have stood toe to toe with corruption before and shoved it against a wall and brought it to the attention of federal agents and the news media. Real men don’t just whine and cry like many of you do. Obviously, many of you are a bunch of big mouthed wussies who talk the talk, but are afraid to really do anything about this out of control state and its infestation of lawless and corrupt cockroaches.

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Jack of ... August 22, 2014 at 1:21 pm

You are right. Leatherman is running the show through Reynolds Williams.
Haley’s man just does what Williams and Leatherman says.

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Queen Jean August 22, 2014 at 2:04 pm

Poor Terminator: You have not been comprehending. I own the U.S. Attorney in South Carolina, my friend Alex’s ex-son in law, Bill Nettles. Hugh Leatherman and Reynolds Williams are great supporters and friends of mine. Nothing is going to happen to my friends on mine and Bill’s watch. It’s good to dream.

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Mimic August 23, 2014 at 12:08 am

They just learned from watching Curtis. How many people has he hired without interviewing? True, they may not pay as much as this one, but definitely the same concept. His ass should be in a federal jail cell for the crap he pulled with the BONY lawsuit. If he didn’t get crucified for that, the RSIC has no worries. Curt is the pot calling the kettle black. And a cracked pot at that. He’s a complete idiot.

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jimlewisowb August 22, 2014 at 1:01 pm

fait accompli – French for “accomplished fact”

fuck you – SCRSIC code for “fuck you”

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Lonnie August 22, 2014 at 1:19 pm

Great!

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FY August 22, 2014 at 9:21 pm

Fuck you, Curtis… Best translation for fait accompli. Love it and agree with it. Welcome, new DIRECTOR.

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Challenge August 24, 2014 at 2:15 pm

Thank you jimlewisowb for the French inspired link. Thank you Fits for this as well. May we raise the level of discussion and eliminate the posts of Curtis and his alter egos . Can we try to go international! Just a thought, but I wonder how many people in SC will be able to take the challenge! LOL

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Shelly August 22, 2014 at 1:07 pm

I pray for Curtis Loftis on a regular basis. I spent 30 years at the core of state government and I can tell you it is a cess pool.
Good luck Mr Loftis.

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Dad August 22, 2014 at 4:52 pm

Shelly, You need to go to work for Curtis Loftis and find out about his anger beyond control, his rage against women, PR resigning abruptly ,without any jobs waiting for them, false accusations, lies… a cess pool his office is.. Get your facts right . Better yet, go to work for Curtis.

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Dsssss August 22, 2014 at 4:58 pm

Oh Sam, how is that 80 million dollar loan of the tax payers money doing? Your buddy Obama gave you the keys to the loot…gotten much of it yet?

I remember the scandal at HHS. it was not good. How much money was involved?

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Dsssss August 22, 2014 at 5:00 pm

Sam Griswold and the truth are like night and day. You never find them in the same place.

Sam, tell us about the missing money?

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med August 22, 2014 at 8:17 pm

Dugh…Take your medication, Curt!! Quick. You are making a fool of yourself, Curtis Loftis

med August 22, 2014 at 9:16 pm

The missing money? Yes, we want to know. How about the 200 millions Curtis lost from the retirees fund? No missing money , lost money, gone forever from the fund. Curtis will face a grand jury before long.. Curtis , please go away. You are so boring, so boring . Stupid and gross. Sick of it, sick of you..

cowdad August 23, 2014 at 10:24 am

Sam, Reynolds has already tried that one. He gave it to that sleaze Ryberg, the same sleaze who raided the trust for full paychecks on weeks he did not work a full day. Have you ever seen a cockroach pull off a successful attack? When they shoot out of the woodwork, they alarm people, but that’s all Reynolds and Ryberg can do. That’s all cockroaches can do.

Obama August 22, 2014 at 10:28 pm

Sam is taken. Look somewhere else. Mental case and drunk you are. Very Drunk… Curt, stop drinking.. Makes you look like a fool.. Ho. you are a fool..

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Sad August 25, 2014 at 2:38 pm

Dssss, Curtis Loftis , does have SHIT for brains. He needs to do research before making statements like these. Oh, but he cannot learn… SHIT for brains. And too much cocaine. Sad and gross.

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Free At Last!!!!! August 22, 2014 at 6:01 pm

You know how long it took me (and others) to find a job with him on my resume? I finally got out of there and feel terribly for my friends that continue to deal with his onslaught of paranoia, cruelty and shout-inducing anger spasms that occur on a daily basis. They are working overtime to get out! When you spend a career somewhere and watch the abuse that occurred when 2011 rolled around it is truly depressing. HE HAS TO GO!

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HSSS August 22, 2014 at 6:16 pm

hahaha, Sam. Please, so transparent.

Just like the scandal at HHS.

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Free At Last!!!!! August 22, 2014 at 6:19 pm

Nope curtis (max). It is me. A survivor of your horror show.

Mike August 22, 2014 at 6:25 pm

Oh Sam o Sam
What an old lying crook you are
The end

Free At Last!!!!! August 22, 2014 at 6:35 pm

Curtis all you need to do is a confidential questionnaire in your office to see how your office feels. But I guess only people who refuse to see are blind right?

cowdad August 23, 2014 at 10:41 am

Excuse me, but the article is about the investment commission, not the treasurer’s office. Can you defend Reynolds Williams for getting $30 million for his buddies? I’d like to hear an explanation for that. Who cares what some employees in some $3 or $4 million office think?

M327 August 23, 2014 at 1:12 pm

No, these comments are about an uneducated simpleton who is way over his head and who, because he can not match the intellectual abilities of his colleagues, uses character assignation instead. This is truly sad.

Peter August 24, 2014 at 8:04 pm

We do! The treasurer office was a source of integrity and respect. Now it is a source of bullying, abuse , verbal and sexual exploitation. Curtis Loftis does not care for the work of the staff from Grady Patterson and treats them as shit. Please, , tell the world about it. We need you to tell the truth about this idiot so we can change his ways , since he cannot change. Sexual abuse, bullying, violence are not COOL.

True words, Peter August 24, 2014 at 10:32 pm

No truer words could be spoken. Curtis hates anyone who remains n the Office of State Treasurer from the days of The HONORABLE Grady Patterson, Jr. Curtis even told his new hires to treat the “old staff” as the enemy, also adding they they are corrupt and incompetent. How has the office survived over the past 40 or 50 years with such an incompetent staff? Could it be the truth that Curtis is threatened by the actual COMPETENCE, and EXPERIENCE of that “old staff”? Oh, yes, I think we are onto something here. He simply doesn’t want anyone to remain on staff who knows what’s actually going on in that office. The “old staff” is quite aware that the demands Curtis is making of them is against the law. The “new, inexperienced staff” Curtis is bringing in doesnt have a clue, so they bow down to those demands. It will all come out, and sooner than Curtis thinks. He seems to think he is so slick with his shenanigans, when all he really is, is slimy. The integrity of that office has been tarnished beyond return. It will NEVER be a respected office as it once was. What a shame.

Drunk August 22, 2014 at 9:03 pm

???? Oh Curt, oh Curt!! What good company you are in!!! Me think you are very drunk…. Very drunk..

M327 August 22, 2014 at 10:31 pm

This will end when we are ready for it to end.

cowdad August 23, 2014 at 10:35 am

Sam, you think you get to say when it ends? LOL. You know that’s what the losers always think. And that is something else you know, Sam: That you are a loser, a loser who never wins.

M327 August 23, 2014 at 1:04 pm

I am not Sam you uneducated simpleton.

PSdad August 23, 2014 at 1:45 pm

Curtis, I mean cowdad believes everyone is Sam. He forgets how many enemies he has. Especially the ones from the early 90’s ;)

cowdad August 24, 2014 at 2:21 pm

I don’t know what Curtis thinks, but it’s same with the paranoia, thinking everyone is Curtis. How many people voted for Curtis in the last election? Why don’t you go look that up. Curtis holds a statewide office. On the other hand, there are not but a few known people who would defend the investment commission’s indefensible actions, namely, Sam Griswold and Wayne Bell, two guys who really have less of a place to comment on this than any member of the plan. Wayne and Sam paid less for their retirement than current members pay. I would guess they both went on the TERI plan, which current members can’t do. Sam and Wayne are two who milked the system for all it was worth. and current members are paying for that. But that’s not enough for Wayne and Sam: Wayne and Sam want current members to pay for even more, namely, the ongoing excesses of Reynolds Williams. Of course, they don’t like Curtis Loftis: What cockroach ever liked the lights being turned on?

Soo August 25, 2014 at 9:42 pm

cowdad, you must, must be informed. You are very stupid if you think that curt is a smart man. He has no qualifications to be treasurer and it shows every day. Before you talk about the TERI plan, check before you talk. Sam and Wayne milking the system LOL. Curt, you sick.. very sick. your crap must stop. Curtis is a very well known to roaches and they laugh at him.. I am soo sick of this crap.. Curtis must go…

transparent. August 22, 2014 at 8:58 pm

Curtis, why do you obsess with Dr. Sam Griswold? You should go to Dr. Frank J whom your personal attorney had used as expert witness in several previous cases in testimony . Court documents. Public information. Dr. J. could not help you then, could help you now. . Is the attorney getting 2 millions from the retirees fund? And You, how much money are you getting? The fake Saluda Foundation? Must go to the Serbia link. Curtis Loftis and read to understand the stupidity of Curtis Loftis then and now.

Shelly is curt August 23, 2014 at 12:01 am

Shelly is one of the bugman’s alter egos.

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George Washington August 22, 2014 at 1:14 pm

I just curious as to why any adult would choose to live in South Carolina?

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euwe max August 22, 2014 at 1:20 pm

It’s like being gay or anencephalic – it’s genetic.

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George Washington August 22, 2014 at 1:30 pm

or lack of genetic diversity.

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euwe max August 22, 2014 at 2:16 pm

same thing.

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Lee August 22, 2014 at 6:08 pm

Good for you! Stay away from me and my children!

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euwe max August 22, 2014 at 6:10 pm

I’d be glad to. Just post the address where you and your children live, and I’ll make a point of it.

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RogueElephant August 22, 2014 at 4:48 pm

I left NC. in the 60’s for the Army. When I got out the libturds were in the process of taking over. Left Colorado after my Army days as the libturds were gaining ground on the real citizens of Colo. wound up in SC due to kin people in Cola. SC, especially around Lex. I found people that thought like I do. Now after most of a lifetime here it is home. It was my choice, I made it and am now a proud South Carolinian. All in all SC is as good as any other place, better than some worse than others I have heard SC described as the Feisty Carolina. I like that term.

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H in Flo August 22, 2014 at 1:28 pm

Reynolds Williams thinks he owns the place. he installs employees like Greg Ryberg and Sara Corbett and Hitchcock like it was a small law firm in Florence, not a public agency handling billions of dollars.
I heard Williams say that he started the Commission and nothing was going to keep him from running it, not even state treasurer Curtis Loftis. Well, time will tell. Loftis has till 2019 to make things right.

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Dad August 22, 2014 at 4:46 pm

Maybe not! The bank of America had to pay billions in fines to many retirements funds and The Bank of NY will have to do the same along with the state treasurer for his lack of understanding about his duties as State treasurer. He has caused so much harm to the people of the SC and I hope the new leader will kick his butt back to control vermin in W. Cola.

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Dsser August 22, 2014 at 4:56 pm

Sam Griswold as Dad…what a child would suffer with a liar for a dad.

Same is on the board of Consumers Choice Health Plan, the plan Obama gave 80 million dollars too and they don’t have to repay!
Sam likes being around big bucks especially if his friends run a loose ship.
I wonder why Sam likes other people’s money so much. I wonder if he is the reason Consumer’s choice has not filed its tax returns? Maybe Sam knows a lot.

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Melvin's Clan August 22, 2014 at 5:58 pm

Um… Curtis… Meds… Now… Please! Thank the Lord that you were not provided with children. If you had kids they would have ran away, committee suicide, been institutionalized or turned into serial killers. You can’t preach family values when you don’t understand what a family is!

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HSSS August 22, 2014 at 6:14 pm

I remember when Sam Griswold was caught with an executive assistant at HHS. I never heard how it ended.

I wonder what his wife knew?

Melvin's Clan August 22, 2014 at 6:20 pm

I remember when curt was caught beating his wife and her lover. I wonder if he remembers?

Don August 22, 2014 at 6:28 pm

Anyone know the name of the woman Sam was banging at HHS. I would like to call her, get her side of the story.

I heard, when asked about it, that there was very little to remember.

Melvin's Clan August 22, 2014 at 6:41 pm

Anyone know the name of ANY woman curtis has ever banged? (crickets chirping)

Max August 22, 2014 at 8:03 pm

I don’t.

John August 22, 2014 at 7:22 pm

Don=Curtis. Sam is not running for office and he had nothing to do with the director for the commission. What is you obsession with him, Curt. What is your obsession with Danny Varat? What is your obsession with Sarah Corbett? What is your obsession with Senators Leatherman, Bryant, Laurie.. What is your problem Loftis ? Your office has a job to do.. and you do not do it. You Have not been a good treasurer and custodian for the state. You are a sorry man, making false sorry accusations . Sam banging at HHS??? What a sorry accusation… Sorry you are Loftis. May god have mercy on your soul!! False accusations and the big guy does not like to be made fun of . Please , post your stupid posts with the tea party ladies and let them know the truth about your lies, sick problems. .. go to hell Loftis and good luck to the new director!

cowdad August 23, 2014 at 10:11 am

Danny Varat is a free loader. But it’s worse than that. He doesn’t work many hours a week, but he is paid for a full week. Only scum would accept money out of the trust like that. I don’t think there are many people who would accept retiree’s money for work they didn’t do, do you? Of course, that is not as bad as Reynolds Williams taking one of his buddies up there and getting $30 million for the guy.

GASBdad August 23, 2014 at 1:43 pm

Varat works 24 hours per day living inside of the honorable C. Melvin Loftis’s head driving him mad! He’s worth every penny.

Max August 25, 2014 at 6:21 pm

Curt, I thought that Danny Varat was the flavor of the week, last week. This week is Dr. Sam Griswold,. What will the flavor be next week. Many flavors we had, Senators Bryant, Lourie, Leatherman,,, Ryberg, and Reynolds Williams, Sarah Corbett. Barry Oliver, Bob Borden, Wayne Bell… Cannot wait for next week . Next name to the list, please, cannot wait..

Ken August 23, 2014 at 6:27 pm

She was a fat girl. Oh wait, no, that is is wife.

his August 23, 2014 at 8:15 pm

that is is wife? Really.. fat fingers in vaseline Curteee

Don August 24, 2014 at 8:44 pm

Me too! Let me know as soon as possible. Cannot wait to hear this story. Have her call me. My number is in the phone book. Curt, you do not scare me. You cannot bully me , you cannot sexually exploit me. Let us go to lunch!.

Paul August 24, 2014 at 8:32 pm

Also, infected with a vile, incurable disease. Cannot forget that! Wash your hands. Do not use the restroom on the second floor of the Wade Hampton building. Beware. Cannot be too prudent.

Dad August 22, 2014 at 6:50 pm

HSSS. Does not exist. You are Curt! Stupid is and stupid does. Go to bed, Curt ,and please take your medication . Sam would love to talk to you about your accusations. Please , call him.

Dad August 22, 2014 at 7:36 pm

I am Sam’s wife. Please call with any information . I want to know. Inquiring minds want to know. Please call me. Phone number is in the phone book. Go to hell Curtis

jimlewisowb August 22, 2014 at 7:44 pm

Phone: 803.734.2100

Phone August 22, 2014 at 7:58 pm

Wrong number. My number is in the phone book. Call me with the information. I cannot wait!

Amick August 23, 2014 at 6:20 pm

His wife or that whore he used to sleep with at HHS?

Liars August 23, 2014 at 9:03 pm

Linda – we know your past, too. Be careful, it could resurface.

Prince August 24, 2014 at 5:37 pm

Curtis, try Linda’s present also.. I bet she is double shitting her pants now that she knows you are after her! Just like you did when you were exposed by Richinyu2003. Serbia: Orthodox church? 1/10/04.:” Poor Loftis, frozen out of the royal circle no Christmas card and cannot use the name of the Royal House to promote himself by association. Even after all his evil poison he still boasts on his website that Princess Linda is a director, but spits on her here!.. We must stop this fraudster Curtis Loftis, posting under different allas. This man is very unwise and think that he can get away by creating another alias. He is wrong. “Ah yes, Curtis had many alter egos then and now . Nothing has changed Exposed for a fake along with his Foundation. As James Brown said in 1’18/04. ” Bottom line-shit for brains-UR a nobody no one will believe. UR one evil guy”.

Rave August 23, 2014 at 2:48 am

You are drunk, too drunk or is it cocaine?

Rob August 22, 2014 at 6:45 pm

Same or Sam? Fat fingers Curtis, You are exposed for what you are , a liar … What does SAME have to do the appointment of the new director? Please explain! SAME had nothing to do with the new appointment but we sure wish him well. Michael Hitchcock, Go for it! Get rid of the fck.. bastard. Enough is enough. Enough of Curtis Loftis!! He should be in jail..

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Curt's fingers August 22, 2014 at 7:54 pm

We have been abused beyond belief. He yells at us. He spits at us. He curses us. It’s not out fault we are morbidly obese migets.

Tired August 25, 2014 at 12:44 pm

Dsser,,, You are a big piece of SHIT. Just like Curtis. Address the issues. Go back to the tapes from the full senate report. You will learn something unless you are Curtis, then you will learn nothing because he has Shit for brains

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cowdad August 22, 2014 at 6:14 pm

Sam, take a few deep breaths and calm down. I don’t mind seeing you spazz out, but it’s not good for your health.

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Be Well August 22, 2014 at 6:21 pm

Curtis… It’s friday, don’t you have any friends to hang out with?

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Mel August 22, 2014 at 6:26 pm

Sam sam, you old liar. Nice to see you still lying your life away.

Be Well August 22, 2014 at 6:33 pm

Melvin Melvin Melvin, had a very interesting conversation with someone at your office after work today. Did you have an episode at the office two weeks ago? Almost break a laptop? Went crazy in your conference room (and videotaped hallway)?

OMG! LMAO August 22, 2014 at 11:55 pm

LOL – word is out on that one! Ask him how many state computers he has already thrown or abused and broken during his red-faced temper tantrums. Oh, dear bugman, you are being found out. Now exactly who is it that thinks they are “above the law”? You can’t hide the things you’ve done and continue to do for much longer. Those laws you keep asking your employees to break are going to creep up on you. Soon. Real soon.

cowdad August 23, 2014 at 10:15 am

If he threw 30 computers, that would be 1 computer for each million that Reynolds got for his buddy. Fees for the RSIC are more than a million a day. If he threw three computers a day for a whole year, that is one day’s investment expense.

PadgeDad August 23, 2014 at 1:39 pm

Replace the word “computer” with “sodomized”. If he sodomized 30 people, then that’s 1 person for every million Reynolds gave. Now do you see insane your justification for breaking shit at the office is?

cowdad August 23, 2014 at 7:31 pm

Learn to read. I didn’t justify breaking anything. I don’t know if anything was ever broken. But if he were busting up computers, he would have to bust up 30,000 computers to have sent as much money down the tube as went down the tube on the Timberlands deal. How long do you think it would take somebody to bust up 30,000 computers? 30 a day? At that rate he would be busting up computers for more than 2 years. Nothing you guys have says about Curtis, even if it were true–it’s not true, but even if it were true–it wouldn’t hold a candle to what Reynolds Williams has done.

Setting it straight for you August 23, 2014 at 8:47 pm

Cowdad, you speak of things which you have no knowledge. I worked with that low life and have witnessed with my own eyes his fits of rage and childish tantrums. The man needs anger management at the very least. Every word that is spoken of his rants is, in fact, TRUE.

cowdad August 25, 2014 at 8:11 am

So what if it was true? Compared to Reynold’s corruption, what is a busted up computer? Nothing at all. In fact, a thousand busted computers is not much at all, about a million dollars. This one article here exposes $30 million in Reynold’s fraud.

PRguys August 25, 2014 at 7:24 pm

Cowdad.. Curtis Loftis needs your intellect . You are sure smart. Never thought that a busted computer is nothing at all. Never thought that a thousand busted computers are nothing at all. You need to stop what you are doing right now and go to work for good old CURT. He needs you bad… bad… Do you have a big bulge? Saving tax payers money and being a good custodian of the fund is the trust that the people of SC have put in Curt. How many computers? How many PR guys? From way back, Curtis Loftis is a pervert, a fraud, a liar. Go help him Vacancies are posted…

Quick August 25, 2014 at 6:59 pm

Cowdad. Please go to work for Curt.. He has several vacancies… People quitting without jobs waiting.. He will like you more if you have a big bulge. Do not waste your time posting here , go to work for him, sweet Curt will love to have you.. 30 a day? 30,000 computers? Go to work for Curt.. He sure needs you and your intellect. Go help him, quick

Susan August 22, 2014 at 7:48 pm

Time to go to the Phoenix bar, Curt. Take your candy face boy with you. Hope he is still with you in the morning. Good luck with the new director. My prayers are with him. Go to hell CURT!

Grizzy Sam August 23, 2014 at 10:12 am

Mel, yes, I continue to lie. When you don’t have a point, you have to lie. That’s how Reynolds explained it to me.

Go Cocks August 22, 2014 at 1:34 pm

I read crap like this and think “Will must be making stuff up again”. Unfortunately, this is South Carolina – you don’t have to go to the effort of making this kind of stuff up! I am exceedingly happy that I have the optional retirement plan (basically a 401K) rather than the state retirement plan. Sooner or later, the state is going to renege on its promises to some subset of future retirees.

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Squishy123 August 22, 2014 at 2:07 pm

Oh how the state corruption will fall when Leatherman finally drops dead, which for many SC citizens won’t be soon enough.

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Portnoy August 22, 2014 at 4:26 pm

To be replaced by a different state of corruption, if the past is any indicator.

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RogueElephant August 22, 2014 at 4:53 pm

All those old moss backed Dims that “saw the light ” back in the 70’s and 80’s, changed their party affiliation but not their way of thinking. It will be great when they light up Hell. But what is waiting in the wings ????

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Dad August 22, 2014 at 7:01 pm

Rogue, you are always do ignorant.

the commission hires smart people, so you just will never understand.

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Lee August 22, 2014 at 6:05 pm

You are stupid.. Squishy123. Hope you drop dead tonight. Will not be soon enough. The corruption is with you. Let it begin with you. Wishing the new leader well in fighting the corruption in the Treasurer office and standing for the retirees of SC. Good luck, new leader. The retirees are happy to have you

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Squishy123 August 22, 2014 at 6:37 pm

So you’re saying Leatherman is fighting for retirees? Did you skip over this part above?

“So let’s get this straight: The best
person the SCRSIC can find to manage this multi-billion dollar fund is a
glorified legislative errand boy? One who has no financial background?
And who does the bidding of the most liberal politician in the state?”

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Glad to be gone August 22, 2014 at 2:52 pm

Hiring a “Leatherman/Reynolds” insider for 200K without even posting the job? I’m a former state government employee who is in the retirement system and had been looking to advance, but with shenanigans such as this no one with qualifications had a chance. I’ve heard from other state employees who do appreciate Loftis and all he is doing to help the retirees. Seems to be the only one who gives a damn!!

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M326 August 22, 2014 at 3:16 pm

I’m a retiree dependent on this system. I applaud the Investment Commission’s actions. They are trying to minimize the negative impact Loftis is having on SC’s reputation in the financial world. Well done, Commission. Get control over your turf and eject the fool Loftis from any position of influence. This is the first strong step in that direction. Thank goodness!

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DSS former August 22, 2014 at 3:35 pm

M326 is Sam Griswold and Sam is a liar. I worked with him at and I know it to be so.

Now he is with Consumers Choice, one of the worst Obama funded health issuance plans in the country.

I wonder how much money he is making off that. Both above and below the table.

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Pat August 22, 2014 at 4:34 pm

Sam Griswold is a bully. Has been for decades, always will be.

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Dad August 22, 2014 at 5:07 pm

You must be in love with Sam! He is married and has kids. Get off and go to work for Curt. He may like you.

Brown Building August 22, 2014 at 6:03 pm

Sam is a short old fart. He is not a bully Curtis. But you are! Ask any staff from his office, budget/control board office, investment commission office, retirement systems office, banking office, etc…… Bullying in the workforce always comes back to bite you.

Cal August 22, 2014 at 6:23 pm

Golly I see old Sam Griswold is back at it again.
After 30 something years of Sam screwing the taxpayers, he was finally drummed out of office, but not before he had stashed away a pretty penny. Oh yea, Sam, tell us how you made that money.
I heard there were two fake vendors set up and hundreds of thousands of dollars was paid to them. Know anything about that Sam?

cowdad August 22, 2014 at 6:35 pm

Incredibly, the senate finance committee let Sam show his ignorance by testifying at a hearing a few months back. You ought to check that out. I told some people I was watching it with that I thought he was lying. They told me, “No, he’s not. He’s really that ignorant.”

Ignorant August 25, 2014 at 3:59 pm

Cowdad, go the tapes of the senate hearings and the SCIC. It will be time well spent and you will not be ignorant… good to know what you are talking about. Unless you are Curtis, you should be able to learn. Curtis cannot learn. serious imbalance and mental illness. I know that you did not watch the tapes. So go watch them .. good boy

Brown Building August 22, 2014 at 6:36 pm

This is a great example of how you make things up in your head and allow them to become truth. You’re so transparent Curt

Leave August 22, 2014 at 10:41 pm

Curt!! Sam is not gay . Never was. So back off. Go to the gay bars with your young men “with a big Bulge” See James Brown, Serbia link Curtis Loftis’. Leave him alone. Leave Leatherman, Danny Varat, Senators Bryant, Laurie alone. Leave Sarah Corbett alone. Leave, just leave..

Cal is curt September 27, 2014 at 10:19 pm

Golly. Yep, one of Curtis’ favorite catchphrases. So freakin’ obvious you are, Curtis.

Guest August 22, 2014 at 4:59 pm

Isis you know that M326 speaks French?

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HHSssss August 22, 2014 at 5:02 pm

Sam Griswold… ancien escroc!!

Acronyms! August 22, 2014 at 6:05 pm

Curtis… There is a difference with DSS and HSS (look them up) and then let us know which one Sam actually worked for. You seem to get this confused ALL THE TIME! Silly goose!

James August 24, 2014 at 6:30 am

Curtis Loftis, un vrai salop de la pire espèce, un vilain faggot pourri jusqu’au centre. A jeter a la poubelle! Sans âme..

Curmudgeon August 24, 2014 at 8:23 am

We’ll I’ll be.

James August 24, 2014 at 7:04 am

Ancien escrow? Explique-toi, un peu mieux, mon vieux. Qu’est-ce que tu essaies de dire ?Tu es impossible a comprendre. Si tu te sers d’un dictionnaire, vérifie la traduction.. Autrement , tu apparais être un pire imbecile, tout simplement. On te connait et tu l’es!

Sue August 24, 2014 at 7:33 am

C’est vrai. aucun doute. Si Curtis était allé a l’école, il aurait appris qu’un adjectif place avant le nom a un sens different. Placer l’adjectif après le nom et vous avez change l’intention. exemple: Curtis, mon cher ami ou Curtis , mon ami cher. Laissez-moi vous dire que Curtis est ni l’un, ni l’autre… Il manque d’instruction et d’intelligence. Pauvre mec! Il me fait pitié.

Dad August 22, 2014 at 5:05 pm

issuance plans? Fat fingers Curt. Curt.. You cannot use the state provided computers anymore so fat fingers are your trade mark. Stop being so in love with Sam. He is married with kids. Off the market! Look somewhere else. Maybe your new PR guy. How many have you had ? Hope the new leader will kick your butt.

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Inquiring Minds August 22, 2014 at 6:04 pm

He has had at least three. Notice how long it’s been since the last guy left (with no job). Unable to find someone who wants to do the job?

Hmmm August 22, 2014 at 11:47 pm

His secretary quit last week, too!

cowdad August 22, 2014 at 6:31 pm

Sam, your status as a retiree gives you no special status–in fact, you’ve got less status to talk about this than about 200,000 active members who are going to pay for this, not your, Those people are paying a much higher percentage from their paycheck than you ever paid. I think benefits should be cut now to make cuts less necessary later on. But Senator Leatherman believes in paying later so that he can make himself out to be the champion of retirees. Yeah, right. The retirement fund went from no liability to a $17 billion liability under Senator Leatherman.

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Wayne B August 22, 2014 at 8:04 pm

For your information retiree benefits were cut with the enactment of Act 278. All stakeholders had to compromise in order to ensure the long term health of the Trust. Retirees had their pension increases limited to 1% up to a maximum of $500 annually. Early retirement was ended along with the TERI plan and Return to Work was curtailed. Active employees along with their employers will pay higher contributions for a number of years until the UAAL is reduced. It was the unfunded benefits such as TERI, RTW and ad hoc benefit increases along with the 2008/09 financial meltdown that led to the increase in the UAAL. Employee contributions have increased over the years. When I began work they were only 4% and when I retired it was at 7%. Your position that I should have less “status” because I am now retired is just complete bullshit. It is a stupid attempt to divide people and it will not work.

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cowdad August 25, 2014 at 8:32 am

New employees are now paying over 8%, and that is going to increase. 8% is more than double the 4% you paid. At least you do acknowledge that TERI ran up the UAAL. But why did TERI, RTW, etc go on for so long? Because the SC Retirement System recruited people like you and Sam to show up at the hearings and support TERI.

Vic August 23, 2014 at 9:55 am

I hear that there is a vacancy in the treasurer’s office. Yes, secretary quits, with 3 days notice!! Wonder who will be next? Abuse of power, bullying, sexual exploitation are just not cool..

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M326 August 22, 2014 at 3:31 pm

This is the first real step in the right direction. The Commission and its staff have worked for years to reach a reasonable accommodation with the unreasonable demands made by Loftis. It has become apparent that this is not possible. His irrational demands and criticisms create negative discord in the Commission and impair its primary responsibility. As long as it gets him the publicity he wants, his demands know no bounds. This will lead to the expulsion of Loftis as a Commissioner and all retirees will be better off because of it. We have 6 Investment Commission members. 5 of the 6 normally agree on most matters. Only Loftis disagrees with everything. We will be blessed to have him off the Commission. It cannot happen soon enough.

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DSSSSS guy August 22, 2014 at 3:57 pm

M326 is Sam Griswold is a liar, and a good one. Zealots always are.. I worked with him at DSS and I know it to be so.

Now he is with Consumers Choice, one of the worst Obama funded health issuance plans in the country. They got $80 million free dollars from Obama and I wonder how much Sam has already gotten?

I wonder why Consumer’s Choice has not filed its taxes? Anyone know?

I wonder how much money he is making off that. Both above and below the table.

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Curmudgeon August 22, 2014 at 4:56 pm

Word on the street is that M326 is also complicit in the Benghazi tradegy. Where is the outrage.

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Hsssss August 22, 2014 at 5:04 pm

M326 probably financed all sorts of stuff with his ill-gotten gains.

I heard what he did at HHS and it is despicable,

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Treasurer employee August 22, 2014 at 5:51 pm

I heard about that as well. He tried to crack down on Medicaid fraud among medical equipment providers. Not the way we do business here in SC. No wonder he is so despicable. That M326 is sooooo bad.

Acronyms August 22, 2014 at 6:17 pm

Is that DSS or HHS curtis? Do you know the difference?

Alice August 22, 2014 at 5:48 pm

I know M326 well. He just escaped prosecution for the Iran-Contra arms trading, Watergate, 9-11, and IRS targeting. Luckiest guy I know! He has been around a long time and knows the ropes. If I were you, DSSSS guy, I would worry. Some bogey man may get you. Unless, of course you are Curtis Loftis for whom God watches out. But I don’t think Curt would stoop to such low depths, do you? He is too much of a……mmm….what?

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Guest August 22, 2014 at 6:49 pm

I have known M326 for a number years, before he changed his name from Salvatore Garibaldi. His family were self made business men from the old country. I suggest that Mr. Loftis show him respect. He is not a man to be trifled with.

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Paul August 23, 2014 at 7:41 am

issuance? Please explain. Fat fingers in vaseline again. LOL

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Folno August 22, 2014 at 3:51 pm

Wonder if Hitchcock will bring his bitchcock, Haley Mottel, to the new gravy train?

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Max August 22, 2014 at 5:56 pm

Hey, people, quit denigrating Curtis. He is a fine figure of a man and just an outstanding person. When you get fed up with it all, Curt, come on up where you can be yourself. Meet you at the Phoenix Bar in NY. How about a long week-end next week. It’s been a while, Man!

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Cindy August 22, 2014 at 8:39 pm

Have you ever looked closely at how oddly shaped Curtis Loftis’s hands are? Next time he wants to shake, take a close look. You may not want to shake again. Also, you do not ever know where his hands have been so wash afterwards…well.

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Cindy's friend August 22, 2014 at 8:45 pm

A thorough wash

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Big head curt September 27, 2014 at 10:27 pm

Have you ever noticed how freakishly big his head is? That’s just not normal.

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Matt August 22, 2014 at 9:16 pm

Loftis, and Haley but to a much lesser extent, is a typical tea party dope. Sadly the clueless folks are always fooled by this tea party politicians nonsense, always one sided cherry picking “facts” BS.

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Thomas August 23, 2014 at 12:57 am

In case you retirees are keeping score, we are at 48 bankers dead in the last 15 months. Deadmen can’t testify. Derivative and bond market investments are going to the gutter while equity investments are going to the moon. Brace yourselves, your nesteggs are going to be poached and you won’t even be able afford a mobile home rental at Hendrick’s Mobile Home Park…dipshits

July – Julian Knott, 45, JPMorgan Executive Director,Global Tier 3 Network Operations, SELF-INFLICTED GUNSHOT WOUND

June – Richard Gravino, 49, Application Team Lead, JP Morgan, SUDDEN DEATH cause unknown/pending

June – James McDonald – President & CEO of Rockefeller & Co – apparently self-inflicted, GUNSHOT WOUND

May – Thomas Schenkman, 42, Managing Director of Global Infrastructure, JP Morgan, SUDDEN DEATH, cause unknown/pending

May – Naseem Mubeen – Assistant Vice President ZBTL Bank, Islamabad, SUICIDE jumped

May – Daniel Leaf – senior manager at the Bank of Scotland/Saracen Fund Managers, FELL OFF A CLIFF

May – Nigel Sharvin – Senior Relationship Manager Ulster Bank manage portfolio of distressed businesses, ACCIDENTAL DROWNING

April – Lydia (no surname given) 52, France’s Bred-Banque-Populaire, SUICIDE jumped

April – Li Jianhua, 49, Non-bank Financial Institutions Supervision Department of the regulator, HEART ATTACK

April – Benedict Philippens, Director/Manager Bank Ans-Saint-Nicolas, SHOT

April – Tanji Dewberry – Assistant Vice President, Credit Suisse, HOUSE FIRE

April – Amir Kess, co-founder and managing director Markstone Capital Group private equity fund, CYCLIST HIT BY CAR

April – Juergen Frick, Bank Frick & Co. AG, SHOT

April – Jan Peter Schmittmann – former CEO of Dutch Bank ABN Amro, (Possibly suicide, SHOT)

April – Andrew Jarzyk – Assistant Vice President, Commercial Banking at PNC Financial Services Group, MISSING/DEAD

March – Mohamed Hamwi – System Analyst at Trepp, a financial data and analytics firm, SHOT

March – Joseph Giampapa – JP Morgan lawyer, CYCLIST HIT BY MINIVAN

March – Kenneth Bellandro, former JP Morgan, SUICIDE jumped

Feb – John Ruiz – Morgan Stanley Municipal Debt Analyst, died suddenly, NO CAUSE GIVEN

Feb – Jason Alan Salais, 34, Information Technology specialist at JPMorgan, FOUND DEAD outside a Walgreens pharmacy

Feb – ?Autumn Radtke, CEO of First Meta, a cyber-currency exchange firm, SUICIDE

Feb – James Stuart Jr, Former National Bank of Commerce CEO, FOUND DEAD

Feb – Edmund (Eddie) Reilly, trader at Midtown’s Vertical Group, SUICIDE

Feb – Li Junjie, JP Morgan, SUICIDE

Feb – Ryan Henry Crane, SUDDEN DEATH cause unknown

Feb – Richard Talley, UNKNOWN CAUSE

Jan – Gabriel Magee, SUICIDE

Jan – William ‘Bill’ Broeksmit, HUNG/POSSIBLE SUICIDE

Jan – Mike Dueker, SUDDEN DEATH cause unknown

Jan – Carl Slym, SUICIDE

Jan – Tim Dickenson, SUDDEN DEATH cause unknown

Dec 2013 – Robert Wilson, a retired hedge fund founder, apparent SUICIDE leaped to his death from his 16th floor residence

Dec 2013 – Joseph M. Ambrosio, age 34, Financial Analyst for J.P. Morgan, died suddenly from Acute Respiratory Syndrome

Dec 2013 – Benjamin Idim, CAR ACCIDENT

Dec 2013 – Susan Hewitt – Deutsche Bank, DROWNING

Nov 2013 – Patrick Sheehan, CAR ACCIDENT

Nov 2013 – Michael Anthony Turner, Career Banker, CAUSE UNKOWN

Nov 2013 – Venera Minakhmetova Former Financial Analyst at Bank of America Merrill Lynch, CYCLIST HIT

Oct 2013 – Michael Burdin, SUICIDE

Oct 2013 – Ezdehar Husainat – former JP Morgan banker, killed in FREAK ACCIDENT when her SUV crushed her to death

Sept 2013 – Guy Ratovondrahona -Madagascar central bank, Sudden death – cause not confirmed

Aug 2013 – Pierre Wauthier, SUICIDE

Aug 2013 – Moritz Erhardt, SUICIDE

July 2013 Hussain Najadi CEO of merchant bank AIAK Group, SHOT

July 2013 Carsten Schloter, SUICIDE

July 2013 Sascha Schornstein – RBS in its commodity finance, MISSING

April 2013 David William Waygood, SUICIDE

Mar 2013 – David Rossi – communications director of troubled Italian bank Monte dei Paschi di Siena (MPS), SUICIDE
LETHAL BUT NON FATAL (MORE THAN ONE WAY TO SKIN A BANKER)

Fang Fang – JP Morgan, China, DISGRACED

Nick Bagnall – Director at Bank of Tokyo-Mitsubishi, son accidentally killed himself while trying to re-enact a Tudor hanging

Robin Clark – RP Martin -Wolf of Shenfield City banker shot, SURVIVED

Kevin Bespolka – Citi Capital Advisors, Dresdner Bank, Merrill Lynch and Morgan Stanley, Seriously injured and son dead

Robert Wheeler, 49, a Deutsche Bank financial advisor, DISGRACED

Chris Latham – Bank of America, ON TRIAL, Murder for Hire

Igor Artamonov – West Siberian Bank of Sberbank, Daughter found dead (POSSIBLE SUICIDE)

Hector Sants, Barclays – resigned due to stress and exhaustion, after being told he risked more serious consequences to his health if he continued to work – a remarkable turnaround as the Church reportedly approached him two months later and was told he had made a full recovery,
POSSIBLY INTERESTING/MILDLY STRANGE

April 21st Bruce A. Schaal, 63, died suddenly Banker in Twin Lakes for 35 years

April 20th Keith Barnish 58, Died Suddenly (Still working as Senior Managing Director at Doral Financial Corporation. Previously Bear Stearns, Bank of America Senior Vice President

March 12th Jeffrey Corzine, 31, son of MF Global CEO and Chairman Jon Corzine involved in major banking crime was found dead in an apparent suicide.

Keiran Toman, 39, former banker who believed he was being stalked by a reality TV crew starved to death in a hotel room, an inquest heard today.

An inquest was opened after his death in July 2010 but his family asked for a second hearing as they were not informed. Police found all of Mr Toman’s possessions in the room, but despite documents mentioning his family, failed to tell them he had died.

Nicholas Austin, 49, A former bank manager from Hersden died after drinking antifreeze in an effort to get high. was found in a coma by his wife Lynn at their home in Blackthorne Road on October 5. He died the same day.

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Nic August 23, 2014 at 8:47 pm

One more , soon… Curtis Loftis in the arms of a young stud with a big bulge. I fail to see the relevance to the article and the new director. LOL

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FedUp August 23, 2014 at 8:06 am

Did Pincus fucus?

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Inciteful August 23, 2014 at 12:29 pm

Secrecy doesn’t matter in South Carolina. In our “fair” state, hiring an incompetent person, inexperiened, at a high-priced salary and all is just as easily done in public. Just ask Glenn McConnell,

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Deo Vindice SC August 23, 2014 at 4:37 pm

Nikki has got to be paid somehow, if she will win the election.

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