CHICAGO -- Francis Gaul, the treasurer of Cuyahoga County, Ohio, is willing to take responsibility for the disintegration of his much-touted local government investment program.

"It happened on my watch," Gaul said in a telephone interview yesterday. "The buck stops here."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.