[lbo-talk] CalPERS news

Michael Perelman michael at ecst.csuchico.edu
Mon Nov 9 15:12:40 PST 2009

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Part of the problem is that CalPERS is underfunded. In response, the board seeks higher returns, which leads them into dangerous directions. I posted a Financial Times article about this a few weeks ago.

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com

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