DALLAS — Former Houston Mayor Bill White, who is challenging Texas Gov. Rick Perry for the state’s top post, said Tuesday that appointees to the Teachers Retirement System of Texas improperly funneled investments toward the incumbent’s political contributors.

White, a Democrat, said Perry appointees have “steered hundreds of millions of teacher dollars — and millions in fees — to firms run by Perry donors.” He said system fund managers “let political and personal agendas run roughshod over the recommendations of professional staff and financial analysts.”

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