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WINTER STORM WARNING & WINTER WEATHER ADVISORY

A WINTER STORM WARNING has been issued for Northern Baltimore and Carroll Counties and a WINTER WEATHER ADVISORY has been issued for Baltimore City, Harford, and Howard Counties through 6PM Wednesday evening.  Rain will be heavy at times through Wednesday morning, mixing with and changing to snow from northwest to southeast.  Any rain and snow should end just after sunset on Wednesday evening.  Snow totals could range from about 1-3" northwest of I-95, with up to 3-6" and localized high-elevation amounts up to 8" and road problems north and west of the Beltway.

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Wall Street Bankers Taking A Large Slice of State Worker's Pensions

Updated: Monday, November 19 2012, 09:25 AM EST
The State Public Policy Institute analyzed how much the state of Maryland is paying investment advisers to manage the $37 billion state pension fund.  Turns out MD pays over 200 million dollars a year to Wall Street. 

That puts Maryland in the top 10 states in the country spending on investment fees.

Delegate Jill P Carter said, "I think it definitely should raise concerns, we're talking about money, we're talking about the future."

The report recommends that state put pension money in a cheaper "index fund" which pegs returns to the performance of the market. Wall Street Bankers Taking A Large Slice of State Worker's Pensions


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