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State AGs 
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McCollum, possible opponent talk reorganization
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McCollum
TALLAHASSEE, Fla. (Legal Newsline) - Florida Attorney General Bill McCollum has written a letter to his probable opponent in next year's gubernatorial race concerning oversight of the Florida Retirement System.

The possibility of expanding the three-person State Board of Administration has been kicked around. McCollum told Chief Financial Officer Alex Sink, who is running for governor as a Democrat.

McCollum is seeking the Republican nomination. Polls show a McCollum-Sink general election is likely.

McCollum wrote that it will take action by the Legislature to expand the SBA. The governor, attorney general and chief financial officer make up the SBA, and Sink wants to add members to provide additional oversight for the pension fund.

"(A)ny changes to the composition of the SBA... must come through constitutional amendment," McCollum wrote.

McCollum sent his legislative proposals to state Senate President Jeff Atwater and House Speaker Larry Cretul. State Rep. Robert Schenk has agreed to put the proposals in legislation he plans to introduce next year.

"I firmly believe these changes will provide the additional oversight the Trustees are seeking in an effort to protect the financial future of all Florida Pension Fund participants," McCollum wrote.

"I look forward to discussing this matter with you and with Gov. (Charlie) Crist at our next Board of Trustees meeting."

An August poll from Quinnipiac University has McCollum with a 4-percent lead over Sink. Crist is running for U.S. Senate.

From Legal Newsline: Reach John O'Brien by e-mail at jobrienwv@gmail.com.

Filed Under: State AGs

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MORE NEWS HEADLINES:
+ Okla. AG defends his decision not to join mortgage settlement - 2/10   read more
+ Payday lender ruled in contempt of Wis. settlement - 2/10   read more
+ Bill limiting Miss. AG's authority dead for breaking rules - 2/10   read more
+ Vermont GOP wants Sorrell to look into possible union bullying - 2/10   read more
+ Madigan recovered more than $1M for workers in 2011 - 2/10   read more
+ Mass. AG recovered $5M from labor violations - 2/10   read more
+ Blog: Mortgage settlement not all that great - 2/9   read more
+ Report: Va. AG sues over health spa memberships - 2/9   read more
+ N.H. AG settles with PetSmart over cadmium allegations - 2/9   read more
+ Conn. utilities board rules for Jepsen's motion - 2/9   read more


IN THE SPOTLIGHT:
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Wednesday, February 08, 2012
PHILADELPHIA (Legal Newsline) - A roundtable of federal and state judges from across the country will convene at the posh Ritz Carlton on Feb. 9 to address topics such as "Can MDL's keep up with state court trial settings;" "Priority of deposition examination;" "State and federal cooperation;" and "Forum non conveniens."
Read more...


+ Study shows plaintiff bias in Philly courts - 2/6
+ Fannie Mae offers examples of routine dishonesty in its fight against lenders - 2/3
+ Quaker City courts have troubled history; some reject 'plaintiff-friendly' criticism - 1/31
+ Madison County asbestos docket feeds off intake firm referrals - 1/19
+ Torts conference set for Feb. 8 in Philly - 1/18
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