The New Schools board approved the investment in Chicago because the organizers "stressed the basics of improving educational performance," Mr. Mitchell said.

Although most states have a board of trustees that must approve the investment of pension funds, the Treasurer has sole authority over them in Connecticut.

The government accepted the argument, and approved the investment.

The Commission announced their intention to approve the investment on 20 February 2009.

The carrier's shareholders had just approved the investment in UAL at a general meeting earlier that day, British Airways said in a recent statement.

Instead, members of the board, the memory of the movie still fresh, approved the investment.

Goderich approved the $50,000 investment, while the townships rejected the plan.

However the majority of the ratepayers declined to approve the investment, preserving this geologically significant feature.

In 1998, Mr. Hevesi approved the investment of $130 million in city pension money in a private equity fund with a sparse track record.

The AGM will have to approve the investment in December, but after that the money will be available.