Robert Walsh, executive director of the National Education Association Rhode Island, joins Bonus Q+A for a discussion of pensions, President Obama, public education, and the Democratic field in next year's race for governor.
State Treasurer Gina Raimondo's office and one of her most prominent critics, Ted Siedle, are trading shots anew after the state's largest public-employee union hired Siedle to review the work of the state Investment Commission.
In a statement, Raimondo spokeswoman Joy Fox says:
AFSCME's Council 94, the largest union of state public employees, has hired pension expert Edward "Ted" Siedle, whose Forbes.com piece in April sparked debate about state Treasurer Gina Raimondo's heightened allocation of hedge funds in the $7 billion state pension fund.
The debate is intensifying over whether Rhode Island should default on the roughly $100 million owed by taxpayers due to the state's losing investment in failed video game-maker 38 Studios.