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CalPERS
ARTICLE: Middlemen Got $125 Million for Deals with CALPERS
January 15, 2010
The Los Angeles Times has released an article that reports on the corrupt practices of private firms who were paid millions to insure that investment firms could have a piece of the CALPERS fund. One individual agent received nearly $60 million in fees for his firms role in securing the CALPERS business.
Click Here to read the article.
Pension Tsunami
December 29, 2008The next time someone blames Proposition 13 for the problems of struggling governments, tell them they are using the wrong "p" word. The correct word is "pensions." Read more >>
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