tag:blogger.com,1999:blog-12703782.post2240331102385183909..comments2020-04-11T03:30:02.282-05:00Gary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12703782.post-4324607516923802792009-05-16T07:44:00.000-05:002009-05-16T07:44:00.000-05:00"The Department of Insurance says 88 percent of the fund’s $19 million in assets are in risky investments, such as hedge funds and real estate limited partnerships."<br /><br />Maybe the Indiana Department of Insurance ought to look at other State Contracts for poor performance and bad judgement as well as false application. I wonder how much the State of Indiana is on the hook for failed State Contracts of hundreds of millions of dollars that a State Agency let "slip" through. Defaults on a State Contract surely place a liability on the State of Indiana as they will ultimately have to take back all the operations of a failed experiment that they let the contractors write their own contract.<br /><br />How much insurance does Indiana carry and with who when investors come calling with civil suits against Indiana for allowing a Contractor to write their own documents and then slip into an abyss three times?I knowhttps://www.blogger.com/profile/14837535454387104930noreply@blogger.com