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Death penalty opponents take another run at repeal
A group of Ohio lawmakers is again trying to kill the death penalty. As she has since 2011, Sen. Nickie Antonio, D-Lakewood, on Tuesday announced that she and some colleagues were introducing legislation abolishing it. It might seem like a shot in the dark. But amid exonerations and shifting sentiment about the ultimate punishment, Antonio […]
Ohio AG files antitrust suit against Express Scripts, Humana, others
In a development that is likely shaking the world of health insurance, Ohio Attorney General Dave Yost on Monday sued six corporate entities over the way they facilitate drug transactions. Yost filed the suit under the Valentine Act — Ohio’s antitrust law — accusing the companies of improperly colluding to fix prices and other actions […]
Teachers pension system lost $27M in bank crash — but says it made $30M since ’99
The Ohio State Teachers Retirement System on Thursday said that while it might have lost $27.2 million when Silicon Valley Bank failed earlier this month, it’s made more than $30 million since it started investing in the bank 24 years ago. The system released the figure after a week of questions about its losses in […]
Coal plants helped cause bribery scandal. Now FirstEnergy might be buying one back
Akron-based FirstEnergy might be poised to increase its coal-fired generation capacity by 40% with the purchase of a West Virginia plant it owned less than four years ago and spun off as part of a massive racketeering scandal. The reason why the company paid out more than $60 million between 2017 and 2020 to force […]
After other risky investments, Ohio pension system won’t say what it lost on failed bank
The Ohio State Teachers Retirement System still hasn’t said exactly how much of its members’ money it lost when Silicon Valley Bank failed last weekend. The system is already under fire for big salaries and for paying $10 million in bonuses last August — two months before actual losses of $5.3 billion came in for […]
Ohio State Teachers Retirement System had massive investment in failed bank
Already under fire for high pay despite big investment losses, the pension system for Ohio's retired teachers lost between $27 million and $40 million when Silicon Valley Bank failed last weekend. That appears to be by far the biggest investment by a public pension system in the United States.
Analysis: Bribery scandal shows how Ohio politics is polluted with dark money
CINCINNATI — A utility bailout at the center of a massive bribery and money laundering scandal was such bad legislation — and it was pushed in such bad faith — that it’s hard to see how it could have survived without the more than $60 million in bribes that sustained it. And, while FirstEnergy CEO […]
Former Ohio speaker, GOP chair both found guilty of racketeering
CINCINNATI — After more than nine hours of deliberation, a jury on Thursday found former Ohio House Speaker Larry Householder and state Republican Chairman Matt Borges guilty of felony racketeering charges in connection with a billion-dollar utility bailout that was passed in 2019. Both men face maximum sentences of 20 years in what prosecutors said […]
Deliberations begin in epic corruption trial
CINCINNATI — A jury was sent home Wednesday after about six hours of deliberation in Ohio’s massive public corruption trial. Former Ohio House Speaker Larry Householder and state Republican Party Chairman Matt Borges are accused of racketeering in a scheme to use more than $60 million in money from Akron-based FirstEnergy to make Householder speaker […]
Prosecutors: common sense that Householder’s guilty. Defense: They’re lying
CINCINNATI — If jurors rely on their common sense they’ll know that Akron-based FirstEnergy gave former Ohio House Speaker Larry Householder $60 million for one reason: to pass a billion-dollar bailout for the company, federal prosecutors asserted Tuesday. But one of Householder’s attorneys accused the feds of bias in selecting their so-called mountain of evidence, […]
Defenders claimed corrupt energy bill would save money. Prosecutor smashed that claim, too
Jim Trakas was the Republican nominee for Ohio House District 6, but lost the General Election in 2018. As a consultant, he supported House Bill 6 the following year, but couldn’t vote for it. This story has been updated. CINCINNATI — On the stand in federal court, one witness after another testified that he supported […]
On the stand, former House speaker confronted by prosecutors with inconsistencies
CINCINNATI — From recordings of threats against other lawmakers’ kids, to undisclosed gifts, to nearly $2 million in undisclosed debts, federal prosecutors on Thursday confronted former Ohio House Speaker Larry Householder with facts that appeared to refute things he said about himself under oath a day earlier. The cross examination prompted some observers to say […]