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The New Hampshire Retirement System decides how and when to invest some 4-point-4 billion dollars for the benefit of retired state workers. To date, the fund has had a good track record. But now, the chairman of the board that oversees the retirement system has come under scrutiny for alleged conflict of interest. And, as NHPR's Josh Rogers has learned, the chairman is also alleged to have used his position to solicit donations from companies doing business with the state.

Click here to see the fund raising letter sent to a vendor.