Investments

Social Investment Bonds
4:59 pm
Mon January 27, 2014

Washington Considers Private Investment Bonds To Address Social Problems

A view of Rikers Island in New York, United States from the air. LaGuardia Airport can be seen in the background.
Cdogsimmons Wikimedia

Originally published on Mon January 27, 2014 4:51 pm

Someday in the not too distant future social service programs in the Northwest could get funding from Wall Street.

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Brando Beach
6:22 am
Wed July 18, 2012

Brando Beach: Washington’s Pension System Goes Tropical And Global

Marlon Brando’s private atoll Tetiaroa as seen from the air.
Photo courtesy Pacific Beachcomber

There’s a government office in Olympia where employees travel the globe and titans of Wall Street are regular visitors. The singer Bono even dropped in once, after a concert.

We’re talking about the Washington State Investment Board. Its job is to maximize returns on an $85 billion investment portfolio. To do that the Board invests in some very exotic places, as Olympia Correspondent Austin Jenkins found.

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