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Railroading of CalPERS Board, General Counsel Withholds That Fiduciary Counsel Candidate Is Leading Case That Undermines CalPERS and CalSTRS (nakedcapitalism.com)
by BayAreaObserver in #CalPERS on 14 Mar 2017  Posted 8 months ago
CalPERS’ general counsel Matt Jacobs is yet again giving the mushroom treatment to the board: keep them in the dark and feed them shit. In this case, Jacobs has failed...

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CalPERS Tries to Hide Its Dirty Laundry, Threatens Most Effective Board Member: Quit or Else (nakedcapitalism.com)
by BayAreaObserver in #CALPERS on 1 Feb 2017  6 comments, latest 10 months ago
The latest shocker (and it is shocking) is that the board has launched a plan to strip JJ Jelincic, the only board member who does his job by asking substantive...

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CalPERS - a preliminary net return of 0.61% for the fiscal year ending 6-30-16 (pionline.com)
by BayAreaObserver in #CalPers on 18 Jul 2016  1 comment, latest a year ago
The latest fiscal-year return, coming on top of 2.4% in the prior year, means CalPERS has not met its expected 7.5% rate of return for the last 20 years, Ted...

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More CalPERS pension debt to hit taxpayers (eastbaytimes.com)
by BayAreaObserver in #CalPERS on 15 Jul 2016  Posted a year ago
The nation's largest pension plan continues adding to state and local taxpayers' $93 billion debt. The question now is whether the board of the California Public Employees' Retirement System will...
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