Ohio Gov. Bob Taft has named a career employee as the interim administrator of the troubled Ohio Bureau of Workers' Compensation as the fallout from its controversial decision to invest in $50 million in rare coins continues.
Gov. Taft also created a management review team of state employees to help the new administrator as well as "evaluate" the agency's investment portfolio.
The actions were prompted by the decision of the agency's former CEO to step down following disclosure by lawyers for a coin dealer and political activist in the state that $12 million of the agency's $50 million investment in rare coins was missing.
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