Steady at the treasury helm
Anyone who has bought a used car with hidden mechanical problems can identify with Ted Wheeler.
Last March Gov. Ted Kulongoski named Wheeler, then Multnomah County board chairman, to replace the late Ben Westlund as state treasurer. Shortly after taking the job, Wheeler learned through an investigation by The (Portland) Oregonian newspaper that his agency’s investment officers were enjoying a five-star buffet of perks that included luxury travel and entertainment, some of it paid for by the same investment firms they were supposed to be overseeing. Then there was the state reimbursement for meals that the investment officers hadn’t paid for, lodging whose cost exceeded limits, and more.
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Posted on Aug. 02, 2010
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