CalPERS Surveys Employee Toilet Paper Preferences as Underfunding Worsens
CalPERS manages to outdo itself in dubious managerial practices.
Read more...Category Archives: CalPERS
Wall Street Journal Story Confirms That CalPERS Plans to Overpay Grossly in Its New Private Equity Scheme
More proof (as if you needed it) that CalPERS is clueless.
Read more...Los Angeles Times Barks Up the Wrong Tree With CalPERS/American Media Inc. (National Enquirer) Story
The Los Angeles Times tells the story of a CalPERS investment misfire to maximize the outrage factor, and does taxpayers a huge disservice by missing who the real perps were (mind you, not to say that CalPERS isn’t too easy a mark….)
Read more...CalPERS Election Vendor Votem on Verge of Failure Just as CalPERS Board About to Approve “Business as Usual” Election Notice
More proof that CalPERS CEO Marcie Frost is so busy with self-promotion that she can’t be bothered to have her staff execute adequately on important but not-that-difficult tasks.
Read more...CalPERS Chief Investment Officer Ben Meng Lied About Private Equity to State Senator Dr. Richard Pan at Joint Pension Committee Hearing
CalPERS lied to the wrong person. State Senator Dr. Richard Pan is smart enough to know he was snookered when word gets back to him.
Read more...CalPERS’ Management Continues to Lie to Its Board and Beneficiaries About Its Private Equity Scheme
CalPERS is once again up to no good on the private equity front.
Read more...Even More on “Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?”
It has taken three posts to unpack all the lies that John Cole told CalPERS’ board in December about its new private equity scheme.
Read more...More on “Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?”
More on how CalPERS will get its pockets picked in its newfangled private equity scheme.
Read more...Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?
CalPERS is at it again…this time in the form of its private equity architect John Cole showing the world that he is way over his head.
Read more...Private Equity Expert Dr. Ashby Monk Repudiates CalPERS CEO Marcie Frost’s Private Equity Scheme During and Immediately After Presentation at CalPERS
CalPERS can’t even get friendly private equity experts to back Marcie Frost’s hare-brained scheme.
Read more...CalPERS’ Story About Sudden “Resignation” of Star Hire Elisabeth Bourqui Falls Apart as Bourqui Comes to Board Meeting With Heavyweight Employment Lawyer
Pass the popcorn. It looks like CalPERS CEO Marcie Frost tangled with the wrong person in the form of Elisabeth Bourqui.
Read more...CalPERS Fiasco 2: Confidential Member Data at Risk by Letting Company With No Contract Have Access; CalPERS Apparently Still Has No Deal With Any Vendors for Upcoming Elections
How CalPERS gave access to its sensitive member database to a company it barely knew, Votem Corp., with no contractual protection whatsoever. That’s like giving the keys to your house to someone you just met.
Read more...CalPERS Fiasco: Impermissible Non-Public Board Election Count; Failure of Widely Criticized Internet Voting to Deliver on Any Goals; Botched Tabulation
CalPERS refused to abandon its half-baked idea to push beneficiaries to vote by Internet ant phone. The scheme had not only failed to produce its alleged benefits, but it’s also again demonstrated CalPERS’ incompetence and deep commitment to cronyism.
Read more...CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause
CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.
Read more...CalPERS’ Private Equity “Fire, Aim, Ready”: Railroading Board by Screening Candidates Before Scheme Approved; Seeking to be Victimized Again by Silver Lake Partners
Another CalPERS PR gambit backfires, revealing yet more problems with CalPERS private equity scheme.
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