Administration

FL Approves Pension Fund Reallocation Plan

May 15, 2007 (PLANSPONSOR.com) - The Florida Board of Administration has approved a plan to sell $12 billion in equities and other holdings and move the funds into fixed income as part of a reallocation effort to reduce risk in the Sunshine State's public retirement plan.

Delphi Agreement Covers Pension Payment Deferrals

May 15, 2007 (PLANSPONSOR.com) - As part of a new agreement with the Internal Revenue Service (IRS), struggling auto parts supplier Delphi Corp. is now able to transfer some of its pension liabilities to its former parent, General Motors Corp.

Former Oracle Executive Settles SEC Insider Trading Charges

May 15, 2007 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) on Monday accused former Oracle Corp. vice president Christopher Balkenhol of improperly profiting from his wife's knowledge about two deals in the works by Oracle's chief executive Larry Ellison - her boss.

Former Oracle Executive Settles SEC Insider Trading Charges

May 15, 2007 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) on Monday accused former Oracle Corp. vice president Christopher Balkenhol of improperly profiting from his wife's knowledge about two deals in the works by Oracle's chief executive Larry Ellison - her boss.

Hedge Fund Manager to Plead Guilty to Insider Trading

December 29, 2005 (PLANSPONSOR.com) - Michael Tom, of Global Time Capital Management LLC, the Burlington, Massachusetts-based general partner of GTC Growth Fund LP hedge fund, has agreed to plead guilty to insider trading charges related to Citizens Financial Group Inc.'s $10.5 billion acquisition of Charter One Financial Inc.