A New York hedge fund manager apparently conned three Louisiana retirement systems out of $100 million in an investment scheme that promised high returns with low risk, a court-appointed bankruptcy trustee says in a recent report.
In 2008, trustees of the pension plans — the New Orleans Firefighters’ Pension and Relief Fund and two statewide funds, the Firefighters’ Retirement System and the Municipal Employees’ Retirement System — invested the money in the flagship fund of Fletcher Asset Management, which offered a guaranteed 12 percent rate of return.
Shawn Peterson plotted the September murders of his ex-girlfriend and her two children, including his own son, in the garage of their Gentilly home, an Orleans Parish prosecutor said Thursday.
Those new details on a crime that shocked the city came as a state grand jury indicted Peterson, 42, on three counts of first-degree murder in the Sept.
George H. Buck Jr., an unabashed devotee of traditional New Orleans jazz and a music and radio entrepreneur, died Wednesday at his home in New Orleans. He was 84.
Buck was best known in New Orleans as the co-owner of the Palm Court Jazz Cafe on Decatur Street, which is run by Nina Buck, his wife of nearly 30 years. But behind that lively scene stands a veritable kingdom of jazz recordings and old radio archives that Buck presided over with a connoisseur’s touch.
Frank J. Ehret Jr., a West Bank civic leader who helped found both West Jefferson Medical Center and Jean Lafitte National Historical Park and Preserve, died Monday at the Southeast Louisiana War Veterans Home in Reserve. He was 96.
Although formally trained as an educator, Ehret helped shape public life on the West Bank of Jefferson Parish in other ways.
In the 1950s, he was among a group of residents who advocated the establishment of a public hospital on the West Bank, which was then severely underserved.
Les Miles normally does not attend the Louisiana High School Athletic Association’s state championships to scout prospects.
If he does so, the LSU coach would burn one of his NCAA-limited in-home recruiting visits. He likes to save those for late in the recruiting season, when a last push is needed.
On Thursday, Miles can attend the event without wasting an in-home visit because he’s a father to a participant.
Manny Miles, the coach’s son, is the quarterback for University High, which plays John Curtis at 4:30 p.m.
Southern Athletic Director William Broussard said Thursday he plans to talk with coach Dawson Odums next week about a contract extension.
Broussard has given North Carolina Central, Odums’ alma mater, permission to interview the coach, who led the Jaguars to their first Southwestern Athletic Conference Championship in 10 years with a 34-27 double-overtime victory against Jackson State last week in Houston.
Odums, who has one year remaining on his contract, and his staff are in the midst of an important recruiting week, which concludes with several recruits visiting campus this weekend.
LAKE BUENA VISTA, Fla. — Alabama quarterback AJ McCarron says he doesn’t believe coach Nick Saban will leave for Texas.
McCarron made his comments in advance of Thursday’s College Football Awards Show. Saban is reportedly a target of Texas officials to be the school’s next coach if Mack Brown is fired or steps down.
But the quarterback also added that he can’t speak for his coach.
“To me, he’s not leaving. That’s my personal opinion,” McCarron said Wednesday. “I can’t speak on coach Saban.
The Southern men’s basketball team is in the midst of a full-week break between games.
The timing is fortuitous because the Jaguars have a lot to work on.
They are 2-7 after a 69-50 loss at Louisiana Tech on Saturday.
They have a couple of injured players who may or may not be ready to play against Dillard on Saturday night.
And the beginning of the Southwestern Athletic Conference season is rapidly approaching.
“The first thing we want to do is get everybody healthy,” coach Roman Banks said.