FACTS: Judge Meenu Sasser
FULL AND PUBLIC DISCLOSURE OF FINANCIAL INTERESTS
Judge Meenu Saasers Campaign Document (full document below) that was filed on April 19th 2010.
This 21 page document lists all of the Judges assets, liabilities and STOCKS…
Here is where I see some possible issues…
She holds shares of stock in Bank of New York Mellon.
She has $330K invested in 2 mutual funds in which Wells Fargo, JP Morgan Chase, Bank of New York Mellon are part of the portfolio.
She has shares of stock in Fiserv (LPS competitor) and stock in some other related financial wealth mgt companies.
She owns some preferred stock in Bank of America.
Barclays manages her entire $1.5 million dollar portfolio.
Blackrock is one of the mutual funds and she has stock in that as well, also the mutual funds are heavily invested in US Treasury notes.
BlackRock is a global investment management firm based in New York City. As of December 31, 2009, BlackRock’s assets under management total US$3.35 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Through BlackRock Solutions® — BlackRock offers risk management, strategic advisory and enterprise investment system services to a broad base of clients with portfolios totaling approximately US$9 trillion.[2] BlackRock is publicly-traded, with Bank of America, PNC Financial Services, and Barclays PLC holding 34.1%, 24.6%, and 19.9% respectively, with the remainder owned by institutional and individual investors, as well as BlackRock employees.[2]
The company acquired Barclays Global Investors in December 2009 under the BlackRock name, making it the largest money manager in the world.[3] The deal had been approved by Barclays shareholders and announced on June 11, 2009.
BlackRock Financial Management Inc. has been retained by the New York Fed to manage and eventually liquidate the assets held in a newly formed Delaware limited liability company (MAIDEN LANE III LLC) to fund the purchase of residential mortgage-backed securities (RMBS) from the securities lending portfolio of several regulated U.S. insurance subsidiaries of AIG.
I could go on and on, but you get the picture…
Feel free to dig through the FULL AND PUBLIC DISCLOSURE OF FINANCIAL INTERESTS.
FULL AND PUBLIC DISCLOSURE OF FINANCIAL INTERESTS