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N. C. Pension Experiences Largest Losses in Real Estate Investments

RALEIGH — The real estate investments in North Carolina’s pension fund lost about a third of their value last year; this was the worst loss among the categories of investments in the fund’s portfolio. Because information about specific real estate investments is not considered a public record, it’s impossible to know which investments brought down the pension fund’s value.

Sarah Okeson

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Easley “go to guy” Poole indicted for bribery, extortion, money laundering

RALEIGH — Ruffin Poole, former Gov. Mike Easley’s general counsel and top aide, was indicted Thursday by a federal grand jury on 51 corruption counts. The 64-page indictment includes charges of extortion, bribery, racketeering, money laundering, violation of honest-services laws, and monetary transactions involving criminally derived property.

Rick Henderson
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Board of Elections Refers Easley Case to Wake County Prosecutors

RALEIGH — On Friday, the state Board of Elections in a unanimous vote asked the Wake County District Attorney’s Office to open a review investigating the possibility that the former governor, among others, may have violated the law.

Rick Henderson
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Easley Testimony Contradicts Campbell, Undercuts Own Party

RALEIGH — Former Gov. Mike Easley, the subject of a North Carolina Board of Elections’ investigation, testified nearly five hours Wednesday during a third day of hearings into alleged fundraising fraud by his campaign. His testimony often contradicted past witnesses’ accounts — and at times, the former governor said things that seemed to be at odds with statements he had made earlier in the day.

David N. Bass
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Trail of Ethical Lapses, Donation Irregularities Emerges at Easley Hearings

RALEIGH — The testimony highlighted slipshod record-keeping of five-figure donations, promises from Easley staffers that money would be diverted from Democratic Party coffers to the governor’s campaign, and accounts of services provided to the governor that were not disclosed in a timely manner and not reimbursed, as the law requires.

David N. Bass
News

Hearing on Easley Campaign Finances Convenes This Week

RALEIGH — Monday at 11 a.m., the North Carolina Board of Elections will convene a hearing to investigate allegations of campaign-finance violations by former Gov. Mike Easley, donors to Easley's campaigns, and officials of the state Democratic Party.

Rick Henderson