China in auto power play
It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos, writes columnist Wei Gu. Commentary
Cuomo: pension kickbacks national, ongoing problem
NEW YORK, April 30 (Reuters) - New York's criminal probe of kickbacks paid to invest its state pension fund money has exposed a national network of actors whose schemes continue today, state Attorney General Andrew Cuomo said on Thursday.
Cuomo and the U.S. Securities and Exchange Commission, which are jointly probing the pay-to-play scandal in New York state, charged Dallas-based Aldus Equity Partners and one of its founding principals, Saul Meyer, for their participation.
"This is all across the nation, and it's continuing today," the Democrat told reporters on a telephone conference call. He added he was "formalizing" his probe with other states. (Reporting by Joan Gralla; Editing by James Dalgleish)
