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Anderson, Reeves running hard for treasurer: questions about money management policies spur controversy.

Publication: Mississippi Business Journal
Publication Date: 15-SEP-03 		Format: Online - approximately 890 words
Delivery: Immediate Online Access
Full Article Title: Anderson, Reeves running hard for treasurer: questions about money management policies spur controversy.(Tate Reeves)(Gary Anderson)

Article Excerpt
Financial issues surrounding the race for state treasurer between Republican Tate Reeves and Democrat Gary Anderson have stirred controversy in the business community, with some professionals saying the business of money management for the state has been given to out-of-state people for too long, and others saying money managers and investment companies should be chosen based solely on the best possible returns for the taxpayers and employees of the state, regardless of location.

"The state treasurer has been using out-of-state money managers, and some Mississippi brokers and money managers have been kind of mad about it, but the reality is the state has billions of dollars to invest, and with that you can attract the attention of the biggest and best managers in the country," said Stacey Wall, president of Pinnacle Trust...

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