5/5/12, Sat., 11:45 a.m.Here is an email (with 5 attachments) I got from the Brown Rudnick firm today.
Five Documents filed in Federal Court 5/4/12 relating to Fund’s Chap. 11 Bankruptcy Filing (4/17/12)
NMIRF Bar Date Motion (as filed).PDF NMIRF Brown Rudnick Retention Application (as filed).PDF NMIRF Buck Consultants Retention Application (as filed).PDF NMIRF First Modified Benefits Motion (as filed).PDF NMIRF Huesman Retention Application (as filed).PDF
What in the world are you people doing with the retirees’ money! You hire all these consultants and lawyers but to no avail except to further bankruptcy! You are the ones depleting all our money! I am an active DBP member and I am VERY worried about how your actions is hurting our members! Hiring consultants is probably not the answer … you need to go after the governor and the legislature to fulfill THEIR obligations, as described in the Constitution. I, as well as other DBP member do NOT want to throw any of our money away, as you have been doing. I do not want any more of my paycheck going into a useless pension account which only makes a few people richer. What is draining our acct. is the 27 employees, too many consultants and high priced lawyers and you DARE to say the retirees will get a reduced pension! They are still getting their full salary at our expense! What have you done to present and future retirees!!!!! What have you done to our economy??!! If you can’t handle this, find a REAL financial expert (1 person, not a whole corporation) and then, resign. Oh, and don’t bow to your dictator Fitial . He is the main culprit in this whole retirement fiasco.