07-10-2020  12:09 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Oregon Appeals Court Affirms Portland Renter Relocation Law

The Court affirmed a Portland ordinance requiring landlords to pay tenants’ relocation fees if their rent is increased by at least 10% or if they’re evicted without cause.

Seattle Urged to See a 'World Without Law Enforcement'

Proposals include removal of 911 dispatch from Seattle Police control, budget cuts of 50%

Oregon DOJ to Hold Listening Sessions on Institutional Racism; Leaders Wary

DOJ will hold 11 virtual listening sessions for underserved Oregonians.

Portland Black Community Frustrated as Violence Mars Protests

Black leaders condemn violence from small group of mostly-white activists as Rose City Justice suspends nightly marches

NEWS BRIEFS

OSU Science Pub Focuses on Influence of Black Lives Matter

The influence of the Black Lives Matter movement will be the focus of a virtual Oregon State University Science Pub on July 13 ...

Capital Rx Establishes Scholarship at Howard University to Support Next Generation of Pharmacists

“Each of us has a role to play in paving a more equitable path for the future of the industry,” said AJ Loiacono, Founder and CEO...

Adams Joins Lawmakers in Move to Repeal Trump’s Birth Control Rule

Without action, SCOTUS decision clears way for Trump Admin rule to take effect ...

Portland Art Museum and Northwest Film Center Announce Artist Fund

The fund will help support artists during COVID crisis and beyond ...

The OHS Museum Reopens Saturday, July 11

The Oregon Historical Society museum will reopen with new hours and new safety protocols ...

Police: Transgender person assaulted, robbed in Wilsonville

PORTLAND, Ore. (AP) — Wilsonville police say three teenagers assaulted a transgender 20-year-old and stole their phone.Police said the victim told officers that while walking along the river Tuesday near Boones Ferry Park, they crossed paths with three male teens, one of whom called the...

Portland: 3rd class-action suit over police use of force

PORTLAND, Ore. (AP) — Another class-action lawsuit has been filed against the city of Portland, marking the third such lawsuit filed related to the use of force and munitions at protests that began after the police killing of George Floyd. The class-action complaint filed this week named...

Iowa defensive back Jack Koerner hurt in jet ski accident

IOWA CITY, Iowa (AP) — Iowa defensive back Jack Koerner sustained serious injuries when he and a passenger on a jet ski collided with a boat on the Lake of the Ozarks in Missouri.According to a police report, Koerner and Cole Coffin were hurt at about 6:30 p.m. Friday when their watercraft...

Missouri football program pushes again for racial justice

COLUMBIA, Mo. (AP) — Ryan Walters had just arrived at the University of Missouri to coach safeties for the football program when a series of protests related to racial injustice led to the resignations of the system president and the chancellor of its flagship campus.The student-led movement...

OPINION

Recent Protests Show Need For More Government Collective Bargaining Transparency

Since taxpayers are ultimately responsible for funding government union contract agreements, they should be allowed to monitor the negotiation process ...

The Language of Vote Suppression

A specific kind of narrative framing is used to justify voter suppression methods and to cover up the racism that motivates their use. ...

Letter to the Community From Eckhart Tolle Foundation

The Eckhart Tolle Foundation is donating more than 250,000 dollars to organizations that are fighting racism ...

Editorial From the Publisher: Vote as Your Life Depends on It

The Republican-controlled Senate won’t pass the George Floyd Justice in Policing Act, no matter how hard Oregon’s senators and others work to push for change. ...

AFRICAN AMERICANS IN THE NEWS

Syracuse University appoints diversity director for sports

Syracuse athletic director John Wildhack has added a position to his department, bucking a trend toward athletic cuts during the coronavirus pandemic. Salatha T. Willis was named associate athletic director for diversity, culture and climate this week. He is charged with developing and implementing...

Tapping into crime fears, GOP conflates mayhem with protests

WASHINGTON (AP) — For FRIDAY PMsApocalyptic images of blazing buildings and window-smashing protesters pop up on the TV screen as a caller to a 911 emergency line reaches voicemail. The computer offers to take reports of rapes, murders or home invasions, adding, “Our estimated wait...

Homeland Security gets new role under Trump monument order

PORTLAND, Ore. (AP) — Protesters who have clashed with authorities in the Pacific Northwest are not just confronting local police. Some are also facing off against federal officers whose presence reflects President Donald Trump's decision to make cracking down on “violent...

ENTERTAINMENT

Family re-imagines Bob Marley classic for COVID-19 relief

NEW YORK (AP) — Bob Marley’s Grammy-winning children and chart-topping grandson have re-imagined one of his biggest hits to assist children affected by the coronavirus pandemic.Stephen Marley, Cedella Marley and her son, Skip Marley, have joined forces to produce a new version of...

Asian American girls saw pivotal icon in 'Baby-Sitters Club'

Author Ann M. Martin had no master plan when she decided to make one of the core members of “The Baby-Sitters Club” a Japanese American girl named Claudia.Claudia Kishi happened to be everything the “model minority” stereotype wasn't. She got bad grades. She thrived in...

Police: Pop Smoke's social media led killers to LA home

LOS ANGELES (AP) — Authorities believe rising rapper Pop Smoke was shot and killed during a Los Angeles home-invasion robbery in February after his social media posts led five suspects to the house he was renting, police said after detectives arrested the group Thursday morning.Los Angeles...

U.S. & WORLD NEWS

Lives Lost: Young Venezuelan dreamed of better life in Peru

BOGOTA, Colombia (AP) — Yurancy Castillo did not want to leave her family. But as inflation in Venezuela...

Brazil LGBTQ group hides from virus in Copacabana building

RIO DE JANEIRO (AP) — In a courtyard a few blocks from Rio de Janeiro’s Copacabana beach, a dozen...

Authorities search for 'Glee' star believed to have drowned

Authorities planned Friday to renew the search for “Glee” star Naya Rivera, who is believed to have...

The Latest: India reports more than 26,000 new virus cases

NEW DELHI — India’s is reporting another record one-day spike in coronavirus cases, prompting some...

Asia Today: Australia's Victoria state has record 288 cases

CANBERRA, Australia (AP) — Australia's Victoria state on Friday reported the new daily record of 288...

Japan braces for more heavy rain as death toll rises to 66

TOKYO (AP) — Parts of Japan still searching for missing people and evacuating those stranded by deadly...

McMenamins
Melanie Hicken and Chris Isidore CNN Money

Detroit skylineNEW YORK (CNNMoney) -- An investigation into Detroit's two pension funds are likely to show that decades of overpayments drained about $2 billion from city coffers, helping to force the city to declare the nation's largest municipal bankruptcy.

The report, due to be released Thursday, will examine "possible waste, abuse, fraud and corruption" at the two funds. State-appointed Emergency Manager Kevyn Orr called for the city's inspector general and auditor to conduct the investigation in June, roughly a month before Detroit's historic bankruptcy filing.

The excess payments, made to both retirees and active employees, were not an example of that fraud or corruption. Instead, officials who oversaw the funds regularly approved extra payments in addition to the promised pension benefits, based on the belief that the funds could be more generous when their investments generated positive returns.

A report given to the City Council two years ago showed that those overpayments cost the city $1.9 billion in the 21 years from 1987 through 2008. An update to those numbers is expected in Thursday's report.

The report should also lay out how much of a gap there is between the funds' assets and the benefits they've promised. A filing in the city's bankruptcy case says an actuarial firm hired by Orr estimates the underfunding at $3.5 billion. As of June 2011, the two pension funds had combined assets of about $5.8 billion, down roughly 30% over a four-year period, according to their most recent financial reports.

Orr has previously said that the financial shortfall in the two funds -- one for police and firefighters and the other for general city workers -- makes benefit cuts for both current workers and retirees inevitable. Still, he has said he would need to see extraordinary evidence of waste and mismanagement before he would consider proposing a takeover of the $5.8 billion pension funds.

The trustees who control the funds are opposing the city's bankruptcy filing and have countered that the funding situation is far less dire than Orr indicates.

No strangers to controversy, the funds are haunted by past allegations of mismanagement, and were even the subject of a federal fraud investigation.

Overall, seven people have been convicted on charges related to a corruption scheme at the pension funds, while four more are facing criminal indictments, according to an FBI document.

According to FBI and court documents, city and pension fund officials allegedly accepted bribes and kickbacks -- ranging from cash payments to lavish trips, entertainment and private plane flights -- in exchange for steering more than $200 million in pension fund investments. At least $84 million in pension fund losses have been tied to the scheme.

 

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