Chad Livengood on WJR: State pension funds drop money manager Ken Fisher after offensive remarks

The State of Michigan Retirement Fund's pension account, worth more than $70 billion, ended its relationship with the investment firm of Ken Fisher in the latest backlash to offensive remarks the billionaire made last week at an investment conference. Crain's Senior Editor Chad Livengood talked about the state Treasury Department's move Monday in an interview with Kevin Dietz on WJR 760 AM.