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The Texas Employees Retirement System and James Leininger

I didn’t get around to this earlier, but I’ll now point you to this BOR post about a lawsuit lost by Republican uberdonor James Leininger’s company KCI and its effect on KCI’s stock, of which the Texas Employees Retirement System is a major holder. As you may recall, one of the trustees of the Texas ERS is former TRMPAC treasurer Bill Ceverha, who has been dependent on big Republican donors for his cash flow lately. Noting that Ceverha also has close ties to Leininger, State Rep. Lon Burnam has asked Attorney General Greg Abbott to investigate what he calls the “peculiar circumstances” of all this. You can read about that here. I don’t know that anything will come of this, but someone needs to keep track of it all.

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