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Florida’s pension fund

Florida’s pension fund’s BP holdings down $67 million

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Florida’s pension fund, the fourth-largest in the nation, has seen the value of its BP investments plunge more than $67 million since the April 20 explosion of the Deepwater Horizon rig, but the paper loss is still too small to seriously threaten the fund’s $112.4 billion bottom line, managers said today. The Florida Retirement System’s investment in BP stocks and bonds was worth $169.4 million last week, down $67.1 million since the accident that killed 11 workers and unleashed the…

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Florida’s pension fund’s BP holdings down $67 million

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Florida’s pension fund, the fourth-largest in the nation, has seen the value of its BP investments plunge more than $67 million since the April 20 explosion of the Deepwater Horizon rig, but the paper loss is still too small to seriously threaten the fund’s $112.4 billion bottom line, managers said today. The Florida Retirement System’s investment in BP stocks and bonds was worth $169.4 million last week, down $67.1 million since the accident that killed 11 workers and unleashed the…

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Sink scores major coup with endorsement of PBA; first Democrat in 20 years to earn its support

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Florida CFO and gubernatorial candidate Alex Sink was endorsed by the Florida Police Benevolent Association (PBA) today as its choice in the 2010 general election for governor.  The PBA noted Sink’s strong support of Florida’s law enforcement community and her work on behalf of Florida’s officers as reasons for standing behind Sink’s candidacy. “I am honored to be endorsed by the Florida Police Benevolent Association, whose members put their lives on the line every day.  These brave officers protect our communities…

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