 In 2009, Oregon, Nebraska, New Mexico, Texas, Maine and Illinois all investigated OppenheimerFunds' handling of their college savings programs for impermissible investments and misconduct.Oppenheimer was selected to lead the program by Giannoulias' predecessor, former Illinois Treasurer Judy Baar Topinka, in December 2006, a month before Giannoulias took office.After the credit markets collapsed in the fall, new contributions into the fund were halted on December 4, 2008.