The Los Angeles Times weighs in on a story we broke. It sharply criticizes CalPERS trustees for trying to gag their most effective member.
Read more...CalPERS has managed to descend to a new low. Its strategy of trying to sweep fundamental problems under the rug has reached the point that the rug is not just lumpy but also starting to move. The latest shocker (and it is shocking) is that the board has launched a plan to strip JJ Jelincic, […]
Read more...Bill Black describes how an attack against a CalPERS trustee violates the board’s and the general counsel’s fiduciary duty.
Read more...How CalPERS went from being a leader in good governance to being a train wreck, and now fixates on stymieing itsl one effective board member.
Read more...As Trump is about to be sworn in, the press and pundits are agog about his and his fellow Cabinet members’ deep and extensive conflicts of interest, and how dangerous they is for democracy.1 But the hue and cry about conflicts of interest is late in coming. They’ve been tolerated more and more over time […]
Read more...CalPERS flagrantly violated its procedures by granting its CIO, Ted Eliopoulos, a bonus greatly in excess of the level allowed.
Read more...CalPERS is considering a bold move, that of bringing private equity in house to reduce egregious fees and improve net returns.
Read more...CalPERS dodges a bullet after we prodded them.
Read more...CalPERS is up to no good yet again.
Read more...How your support has helped us get CalPERS to pay attention and shape up even when most assuredly didn’t want to.
Read more...Like second marriages, private equity has become a triumph of hope over experience.
Read more...Why CalPERS is becoming the target of sustained media attacks.
Read more...Why general counsel Matt Jacobs’ record of misrepresentations, omissions, and slipshod advice makes him a danger to CalPERS.
Read more...The Grey Lady runs an error-filled piece on employer termination of plans with CalPERS, apparently carrying the water of pension privatizers.
Read more...CalPERS’ general counsel lied obviously and casually to the board, a sign of a deeply diseased institutional culture.
Read more...