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A routine accounting audit conducted by Heinfeld, Meech & Co. in 2007 contained the shocking disclosure that the worker’s compensation pool of ...
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A routine accounting audit conducted by Heinfeld, Meech & Co. in 2007 contained the shocking disclosure that the worker’s compensation pool of the VSIT had invested 78% of total funds in Federal Mortgages, US Agencies and Treasury Notes. The investments of the liability wing of VSIT were extremely volatile as well, with 69.4% invested in US Federal Mortgages and US Agencies.
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