Category Archives: CalPERS

Election-Rigging, CalPERS-Style: How Voting by Phone Was Designed to Favor Incumbent, Suppress Support for Challenger

CalPERS not only looks to have tried to throw the phone voting in a runoff election last year in favor of the incumbent, but it is acting awfully guilty by refusing to cough up records and data.

CalPERS Has Chief Financial Officer Charles Asubonten, With Verifiable Misrepresentations on His Resume, Presenting to the Board Next Week. What Gives?

CalPERS CEO Marcie Frost appears to be doubling down on her initial bad judgment about Chief Financial Officer Charles Asubonten’s resume misrepresentations by featuring him prominently at a board committee meeting next week.

New Report: Most State Pension Funds, Including CalPERS, Lag 60/40 Investment Mix at Higher Cost, Resulting in Even Higher Shortfalls

Yet another stunning indictment of public pension fund management. If the biggest funds with the best staffs can’t beat a simple Vanguard portfolio, why aren’t more heads rolling?

How Sacramento Bee Reporter Adam Ashton’s Hit Piece on CalPERS Board Member Shows He’s in the Business of Flacking, Not Reporting

Why you should not trust Adam Ashton’s “reporting” on CalPERS.

Why Board Member and Vocal Critic of CalPERS Margaret Brown Needs to Stay The Course

A successful public pension fund reformer explains how determined foes of transparency and accountability play dirty.

CalPERS to Investigate CFO Charles Asubonten, But Will It Look into Misrepresentations on His Employment Application?

CalPERS has finally accepted that it needs investigate the apparent misrepresentations in recently-hired CFO Charles Asubonten’s resume and Form 700, but will the probe go far enough?

CalPERS Board Member Margaret Brown Still Illegally Locked Out, Given Only Highly Restricted Access to Transcripts

CalPERS doubles down on its campaign against reform-minded board member Margaret Brown.

Los Angeles Times Confirms Our Reporting on CalPERS CFO Charles Asubonten’s Resume Misrepresentations; CalPERS Admits to Fabrications and Gets Defensive

The Los Angeles Times verifies and amplifies our reporting on the misrepresentations and inaccuracies in the resume that recently-hired CFO Charles Asubonten presented to CalPERS.

CalPERS’ Priya Mathur Opens, Reads, Even Answers Mail of Board Member Margaret Brown, Denies Her Access to Transcripts of Past Meetings.

Yet more lawless behavior at CalPERS.

CalPERS CFO Charles Asubonten’s Form 700 Violation and His Unduly Mysterious Private Equity Firm

More on the sketchy history of CalPERS’ new CEO, Charles Asubonten.

Why Charles Asubonten Is Not Qualified to Be Chief Financial Officer and What His Hiring Says About CalPERS

Further discussion of the mystery of how CalPERS CFO Charles Asubonten got hired.

Executive Summary: New CalPERS CFO Charles Asubonten’s Misrepresentations and Discrepancies in His Resume and Form 700

Why the hiring of Charles Asubonten as CFO of CalPERS is a serious governance lapse.

Misrepresentations and Inconsistencies in CalPERS CFO Charles Asubonten’s Resume

A detailed documentation of the misrepresentations and inconsistencies in the resume presented by Charles Asubonten to CalPERS when he applied for the CFO post.

Another CalPERS Victory: CalPERS to Publish “Court Reporter Style” Transcripts

CalPERS commits to publishing its open meeting transcripts.

CalPERS (for Once) Does the Right Thing, Votes to Retain Transcription of Meetings

Mirable dictu! CalPERS board members vote to preserve its practice of transcribing board meetings, an important component of accountability and transparency.