The Politics of Public Fund Investing: How to Modify Wall Street to Fit Main Street
"Mr. Finkelstein's book helps raise the bar for state and local government investment officers. This book is right on the mark and is a prudent, effective approach to the investment of public funds." -- Rick Phillips, president and CEO, Olympus Investment Management, LLC"The Politics of Public Fund Investingoffers a model framework for public finance officials to follow in managing assets. The book is grounded in the realities of public funds -- not based on the theories of Wall Street." -- Craig Husting, CFA, chief investment officer, Missouri Teachers Retirement Systems"This well-written and entertaining book demystifies investing public funds for municipal officials as well as the public. Fund managers will welcome the extensive investment tool kit and the strategies for communicating effectively to key constituents." -- Elizabeth K. Keating, CPA, assistant professor of public policy, Kennedy School of Government"The book should be required reading for treasurers and financial officers at the state and local level." -- Michael Dukakis"A fresh and thought-provoking look at public sector investment strategies." -- Kent Rock, president, Association of Public Treasurers"Ben's book goes beyond just a discussion of the seemingly conflicting expectations of safety and return. It provides a concise technical education on how best to 'produce an appropriate and reasonable return for taxpayers,' and gives guidance on how to communicate effectively the investment strategy and outcome to the widest possible audience." -- Laura Fitzpatrick, Clark County (NV) treasurer