Detroit emergency manager Kevyn Orr today ordered a probe into waste, fraud, abuse and corruption in the city's pension funds and all other municipal employee benefits programs, signing an order this morning authorizing the city's inspector general and auditor general to begin a 60-day investigation.
The move wasn't unexpected. Orr has indicated that he might order an investigation into the loss of tens of millions of dollars in pension funds, in particular, through questionable and possibly corrupt investment deals.
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