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| Watch This Week's "The State of Ohio" Online |
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This week on "The State of Ohio": The Senate version of the budget is on its way, with just a few weeks remaining to hammer out differences with the House. Lawmakers try to clarify the state auditor's role with JobsOhio. And we revisit and update two controversial issues from the last year - the abortion debate in Ohio and the state's new exotic animals law and the facility it created.
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| BWC reports another multi-million dollar investment loss. |
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By Karen Kasler - July 7, 2005 |
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The Bureau of Workers' Compensation is reporting another big loss from an investment. The BWC says a fund managed by a subsidiary of National City Bank lost 71 million dollars in state money. Jeremy Jackson speaks for the Bureau of Workers' Compensation and administrator Tina Kielmeyer. Jackson told Ohio Public Radio's Karen Kasler the loss was discovered by auditors brought in to look over the BWC's investments in the wake of losses through a rare coin fund and a hedge fund. Jackson says this loss represents less than one percent of the BWC's 16 billion dollar portfolio. The BWC has reported losses of 215 million dollars in a hedge fund managed by Pittsburgh-based MDL Capital Management, and 12 million dollars from a rare coin fund managed by top Republican donor Thomas Noe of Toledo. |
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Jeremy Jackson with Karen Kasler (1:41) 
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