Statement Of New York Attorney General Andrew Cuomo On Pension Fund Actions As To Aldus Equity

Pension funds across the country are now taking appropriate steps to clean up abuses. The recent actions with respect to Aldus Equity by pension funds in New York, Connecticut, New Mexico, and Texas are the latest examples. But we should not forget that the real goal must be systemic reform so we can avoid continually closing the barn door after the horse has bolted the stable.