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Kentucky Fried Pensions: A Culture of Cover-up and Corruption Paperback – July 16, 2013

4.5 out of 5 stars 4 customer reviews

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Editorial Reviews

Review

Book Interview- "Kentucky Fried Pensions" by Public Sector
 
"Anyone still unconvinced that Public Pension Policy cannot make for extremely colorful copy should read this book. " Steve Eide of Public Sector Inc
 
Podcast and Transcript at
publicsectorinc.org/podcasts/070613tobe.php#.UgOxn9K1E-s

Book Review- "Kentucky Fried Pensions" - Forbes
 
There are many on Wall Street and in state capitals who will be uncomfortable with the findings in this book--which which may be reason enough for buying it.
 
forbes.com/sites/edwardsiedle/2013/08/08/kentucky-fried-pensions/

About the Author

Chris Tobe currently runs his own investment consulting firm Stable Value Consultants. and writes an investment column for the Wall Street Journal’s Marketwatch. He graduated with a MBA in Finance and Accounting from the Kelly School of Business at Indiana University Bloomington and a BA in Economics from Tulane. Before starting his investment career he served on the campaign staff of Congressman Lee Hamilton and as his intern to the Joint Economic Committee of Congress in Washington D.C. In 1997 he joined State Auditor Ed Hatchett’s Senior staff as his investment specialist and published a 40 page report on the investments of both the Kentucky Retirement Systems and the Kentucky Teachers Retirements Systems. He wrote a number of papers from this experience including one in the Kentucky Gazette entitled “Why Kentucky Needs a Strong Treasurer” In 2008 he was named by Governor Beshear to serve as a Trustee for the $13 billion Kentucky State Retirement system and finished out his term in 2012. Recently he has consulted to major public plans in Texas and Maryland with his firm Stable Value Consultants. From 2008-2009 he was a Sr. Consultant with NEPC and worked with a number of public pension plans including Oklahoma Investment Commission, Oklahoma Tobacco Fund, St.Louis Sewer District, St. Louis Public Schools, Amtrak & City of Dearborn. While at AEGON 2001-2008 he worked with Public Plans such as Montana, Pennsylvania, LA County, Cook County, Chicago, Ohio, Vermont, & Memphis. While at Fund Evaluation group 1999-2001 he worked with Public University Endowments at Purdue, U. of South Carolina, Indiana State and U. of Memphis. He has published articles on public pension investing in the Financial Analysts Journal, Journal of Investment Consulting, Journal of Performance Measurement, and Plan Sponsor Magazine. He has given over a dozen presentations on Public Pension investing to a number of national groups and conferences including one recently at the Ohio State Law School. He has the taught the MBA investment course at the University of Louisville, and is the former President of the CFA society of Louisville. As a public pension trustee in 2010 he completed the Program for Advanced Trustee Studies at Harvard Law School and in 2011 he completed Fiduciary College held at the Rock Center at Stanford University.
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Product Details

  • Paperback: 232 pages
  • Publisher: CreateSpace Independent Publishing Platform (July 16, 2013)
  • Language: English
  • ISBN-10: 1483964752
  • ISBN-13: 978-1483964751
  • Product Dimensions: 6 x 9 inches
  • Shipping Weight: 12.3 ounces
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #1,957,117 in Books (See Top 100 in Books)

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Interesting book
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By jarg on October 26, 2013
Format: Paperback Verified Purchase
Very well written, clearly the author is highly educated as well as insightful on real-work issues: he has insights into how things should be run and an understanding of shenanigans. Should be read by anyone dealing with pensions anywhere in the US, not just Kentucky.
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Format: Paperback
Chris Tobe takes no prisoners in this book and loads it with names, places, events, and actual dollar amounts to provide an entertaining expose of either villians, or good people working as public employees who allowed it to happen. If you are a taxpayer in Kentucky, you should read this book......and take very good notes.....highly recommended, and I promise you will not bored!
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Informative and alarming. It cites corruption, mismanagement, and lack of transparency as causes of a severe problem in KY pensions.
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