Tag "Naked Capitalism"
Back to homepageCalPERS, CalSTRS try to apply vague Newsom order to investment decisions
California agencies are trying to figure out the implications of a vague executive order issued by Gov. Gavin Newsom in September that orders many policy decisions to be made with the need to “mitigate climate change” kept in mind. A
Read MoreState treasurer seeks probe of CalPERS CEO
A rowdy, muckraking financial blog that has repeatedly raised later-corroborated concerns about how the California Public Employees’ Retirement System operates has gotten traction with one of its new allegations. The Naked Capitalism blog’s report that CalPERS CEO Marcie Frost had
Read MoreCalPERS pension fund defended by its most ferocious critic
The Los Angeles Times wasn’t the only big American newspaper with a big spread on the California Public Employees’ Retirement System this weekend. The New York Times had one as well. The West Coast Times focused on the misleading campaign
Read MoreCalPERS board accused of bullying, deceit, flouting laws
A member of the CalPERS board has gone rogue, using public records laws to get documents from the agency while facing warnings that it is unacceptable for him to criticize staff at board meetings. Ed Mendel has details at Calpensions.com:
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