News

Watchdogs Keep Tabs on Government Press Officers

RALEIGH — A national government watchdog group is collecting examples of government employees who are responsible for providing public information but in fact impede the free flow of information to journalists. Media executives in North Carolina say the problem is pervasive here, especially in state government.

Dan Way
News

Firm Employing Former State Treasurer Moore Collected High Management Fees

RALEIGH — North Carolina paid Relational Investors about $6.6 million last year — or 1.26 percent of the $525.7 million that the Teachers' and State Employees’ Retirement System has invested with the company. That’s about five times the percentage that the average company got for managing stock investments from North Carolina’s pension fund.

Sarah Okeson
News

Law Firms Seek Cut of State Pension Litigation

RALEIGH — North Carolina is in the cross-hairs of some 45 law firms. State Treasurer Janet Cowell will choose about 10 to serve as a pool for lawsuits. Representatives from Cowell’s office and the office of Attorney General Roy Cooper are evaluating proposals from the firms.

Sarah Okeson

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Friday Interview: The Future of Nonprofit Newspapers

RALEIGH — It’s no secret newspapers are battling a major slump. Declining ad revenue means smaller newspapers, fewer stories, even fewer reporters. This change will affect both for-profit and nonprofit newspapers. Dr. Jay Hamilton, Charles S. Sydnor professor of public policy at Duke University and director of DeWitt Wallace Center for Media and Democracy, discussed the changing media picture in a 2009 presentation to the John Locke Foundation’s Shaftesbury Society. He also discussed that topic with Mitch Kokai for Carolina Journal Radio.

CJ Staff
News

Cowell Implements Ethics Rules to Prevent Repeat of Moore-Era Activities

RALEIGH — State Treasurer Janet Cowell told her employees in March, about two months after she’d been sworn in, that they and future employees couldn’t do business with or lobby the treasurer’s office for a year after they’d left their jobs.

Sarah Okeson
News

New Questions Surround Ousted Treasury Official And Fund Managers

RALEIGH — North Carolina’s pension fund has invested $225 million since 2007 in Horsley Bridge Partners, a San Francisco investment firm where — according to the state’s former chief investment officer — the spouse of a top executive is also an executor of the ousted state official’s will.

Sarah Okeson
News

Guilford Now Facing Two School Bonds

GREENSBORO — Guilford County voters will have not one but two school bonds on the ballot for the May 6 primary. The Guilford County Board of Education originally submitted a $457 million school bond package to Guilford County commissioners, but commissioners split the package into two bonds at its Jan.16 meeting.

Sam A. Hieb