• Home
  • News
    • Business
    • Crime / Courts
    • Health / Medicine
    • Legislature
    • Politics / Govt
  • Sports
    • The Bill Pollock Show
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Missourinet

Your source for Missouri News and Sports

You are here: Home / Politics / Govt / Treasurer Vows To End Missouri Relationship With French Bank

Treasurer Vows To End Missouri Relationship With French Bank

February 3, 2005 By admin Leave a Comment

A bank in Paris that has held some of state government’s money is linked to the Iraq oil-for-food United Nations scandal. State Treasurer Sarah Steelman expects to end that relationship tomorrow when her investment committee quits doing business with a broker-dealer who handles some of the state’s overnight cash investments. Steelman says there’s no indication any of Missouri’s money was used in any of the oil-for-food dealings. The broker-dealer is owned by BNP, the Paris bank. The State uses several broker-dealers to place money not needed for cash-flow purposes in short term interest-bearing accounts. The Treasurer’s Office reports the State has placed $50-Million with this particular broker.

Share this:

  • Facebook
  • Twitter

Filed Under: Politics / Govt

Subscribe to our daily newsletter

Leave a Reply Cancel reply

Your email address will not be published.



Tweets by Missourinet

Sports

Girl hurt in crash with ex-Chiefs Coach “likely has permanent brain damage”

A girl … [Read More...]

Dru Smith’s after late layup secures Mizzou’s first win at Florida “It meant a lot to us.”

Dru … [Read More...]

Crunch time for Mizzou hoops. Eli the best at selling Tigers football (PODCAST)

Thanks for … [Read More...]

Royals building a winner, Chiefs will look different in 2021 (PODCAST)

Thanks for … [Read More...]

Rookie scores in debut as Blues beat Ducks

Zach … [Read More...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC