Category Archives: Corporate governance

Only Fools Rush In: CalPERS’ Utterly Barmy Governance Structure for New Private Equity Vehicles Creates Irresolvable Conflicts of Interest

CalPERS’ new PE business model embodies major corporate governance flaws– yet another reason to question Marcie Frost’s competence as CEO.

CSU Council Calls for Investigation of CalPERS CEO Marcie Frost’s Hiring

More proof that the scandal involving CalPERS CEO Marcie Frost’s resume misrepresentations are not going away any time soon.

CalPERS CEO Marcie Frost Describes Her Intent to Leave the CalPERS Board Holding the Bag for Flawed Private Equity Scheme She’s Pushing Them to Approve

CalPERS CEO Marcie Frost is totally out of her depth, but as drowning people often do, she’ll pull other people down to save herself. In this case, it’s the CalPERS board.

CalPERS Stakeholder Groups Refuse to Run CEO Marcie Frost’s Misrepresentations About Its Reckless, Unjustified Private Equity Scheme

CalPERS CEO Marcie Frost continues to damage her already-tarnished name by flogging a hare-brained private equity “new business model” for which she cannot provide a coherent justification.

Earthquake in Sacramento: Insurgent CalPERS Candidate Jason Perez Trounced Board President Priya Mathur in 57% to 43% Win; Repudiation of Captured Board and Labor Leaders

Congratulate Jason Perez for his victory over Priya Mathur in the CalPERS board elections.

Adam Ashton of the Sacramento Bee Publicizes This Blog (and CalPERS’ Frustration With It)

Adam Ashton of the Sacramento Bee questions why we would want to expose public corruption and incompetence at CalPERS. No, I am not making that up.

CalPERS’ CEO Marcie Frost’s History of Embellishment and Poor Management Goes Back to Washington

Yet more confirmation of our findings regarding CalPERS CEO Marcie Frost’s record of misrepresentations.

How CalPERS CEO Marcie Frost’s Efforts to Organize Astroturf Support Are Compromising Her

If she succeeds, the survival efforts of CalPERS CEO Marcie Frost will come at a cost to the giant pension fund.

Here’s Why Setting a Maximum Wage for CEOs Would be Good for Everyone

CEO pay needs to be curbed, and a maximum wage is one way to do it.

Los Angeles Times’ Mike Hiltzik Says CalPERS Needs to Come Clean About CEO Frost’s Educational Claims

Pulitzer Prize winner Mike Hiltzik makes clear he is not buying the stories CalPERS has been selling about CEO Marcie Frost’s resume misrepresentations.

Marcie Frost‘s Poor Job as CalPERS CEO – “The Place is Being Run Like a High School, Not a Business,” IT and Operational Failings

More on Frost’s misrule at CalPERS.

CalPERS’ PR Strategy on CEO Marcie Frost’s Resume Lies Backfiring

How CalPERS CEO Marcie Frost’s media mavens are only digging a deeper hole in the scandal over her misrepresentations before and after her hiring.

Former CalPERS Board Designee Calls for Board to Terminate CEO Marcie Frost for Resume Fabrications and Ongoing Lies

A prominent former CalPERS insider demands that the Board fire CEO Marcie Frost over her lies about her education.

Marcie Frost’s Poor Job as CalPERS CEO – Gutting the Audit Function

CalPERS is undermining the performance of its audit unit, a critical control function. The fact that CEO Marcie Frost either doesn’t care, or is not even on top of things enough to know, is yet another sign of her incompetence.

Marcie Frost‘s Poor Job as CalPERS CEO – Incompetence in Human Resources, One of Her Supposed Areas of Expertise

Marcie Frost’s track record as CEO of CalPeRS is not a pretty one.