Something is funny in Ohio


The investments with MDL are unrelated to the bureau’s coin funds managed by Mr. Noe, a prominent Toledo-area coin dealer. But the news of the MDL losses were revealed just a day after the Ohio Ethics Commission reported expanding its probe into whether bureau employees complied with state ethics laws. Earlier yesterday, before news of the MDL losses were reported, Inspector General Tom Charles confirmed that his office was investigating other bureau investments. (MDL is Ohios unemployment insurance)

Jeremy Jackson, spokesman for the bureau, would not comment on whether the Noe investigation uncovered the MDL losses.“There are investigations going on, including the [Ohio] inspector general,” Mr. Jackson told The Blade, which first uncovered the bureau’s rare-coin investment on April 3.

Go here for the rest of the story.


That little bit of money laundering by the GOP was begat by this:

Columbus - Auditors were stunned Wednesday to discover that money from the state's $55.4 million rare-coin investment has been spent on "an enormous inventory" of collectibles, such as autographs or other valuable papers.

Read more here


from Atrios