The E-Sylum:  Volume 8, Number 23, June 5, 2005, Article 4

OHIO COINGATE LEGAL ISSUES

David Gladfelter writes: "Many legal issues arise from this
scandal but the main ones are: What public funds (state and
municipal) may be invested, what standards govern the selection
of the investment vehicles, and is the making of the investments
subject to the public bidding laws? New Jersey has specific
regulations on point and I would assume that most other states
would also. In the case of "Ohiogate," the regulatory scheme
may have been violated, and/or it may have been inadequate
to begin with."

A partial list of suspected criminal violations in the "CoinGate" case:
Full Story

  Wayne Homren, Editor

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