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SC treasurer votes against Borden's $80K payout
Posted: 12.23.2011 at 6:55 AM
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South Carolina Treasurer Curtis Loftis says he has voted against giving the departing chief investment officer of the state's pension fund an $80,000 payout. Loftis says in a statement that he does not believe Robert Borden should get 60 days of full pay and benefits in light of his Dec. 2 resignation, which was effective immediately.

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