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In Their Own Words -- McGeehan

Posted  April 9, 2015

— “The Lenape tribe got a better deal on the sale of Manhattan island than New York City’s pension funds have been getting from Wall Street.”

New York Times writer Patrick McGeehan on the New York City Controller’s Office just-released analysis “that, over the past 10 years, the five pension funds have paid more than $2 billion in fees to money managers and have received virtually nothing in return.”  Click here for more.

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