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Stock impact report

EDITORIAL: Permanent Fund should divest from a bad investment bet [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
After a disastrous turn promoting a private-equity investment plan that other members of the APFC board of trustees declined to back (and, while doing so, making a series of erroneous and misinformed statements before a global audience of financial professionals), a series of emails supplied to the Alaska Landmine political news website revealed further misbehavior by Rubenstein behind the scenes at the state corporation charged with managing the state's nest egg. The emails, by all appearances, look to be an intentional effort by APFC chief investment officer Marcus Frampton to document destabilizing and improper actions by Rubenstein related to the Permanent Fund's management. Specifically, Frampton raised concerns about Rubenstein's repeated urging for the fund to increase its investment with firms and figures with whom she had business or family connections, a massive red flag for potential conflicts of interest. In fairness to Rubenstein, it would be difficult for her to avoi Show less Read more
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