Pool advisory board said needed
Metropolitan King County Councilmember Bob Ferguson said recent announcements of further downgrades within the $4 billion King County Investment Pool makes the Council's creation of an Investment Pool Advisory Panel all the more important.
"Over the past two months, we have seen three downgrades that exposed vulnerabilities with our investment pool," said Ferguson, chair of the Council's Operating Budget and Fiscal Management Committee and the council's representative on the Executive Finance Committee.