Pernsteiner will cough up his croissant

when he reads this in the morning Oregonian:

SALEM — The Oregon Government Ethics Commission voted Wednesday to issue letters of reprimand to three investment officers at the Oregon State Treasury. A majority of the commission agreed there were violations of state ethics law involving travel expenses and reimbursements while the officers were overseeing Wall Street money managers who invest the state’s $58 billion Oregon Public Employees Retirement Fund.

From Ted Sickinger. Good precedent! These treasury guys got nailed for a few thousand. Amateurs.