Obama's Former Boss Pushed Pension Deal
In July 2004, state pension board member Allison S. Davis voted to turn over as much as $100 million in state workers’ retirement cash to an investment management firm.
Months after it won the lucrative deal at Davis’ urging, that investment firm hired Davis.
RREEF America REIT II Inc. agreed to pay the Chicago developer $30,000 a year to take a part-time post on its board of directors, even as Davis continued to serve on the Illinois State Board of Investment.
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