Posted on 09/14/2018 3:21:58 PM PDT by MarchonDC09122009
https://www.kron4.com/news/california/ceo-of-california-s-350b-pension-fund-has-no-degree/1444506328
KRON4 News -
CEO of California's $350B pension fund has no degree
Updated: Sep 14, 2018 11:07 AM PDT
SACRAMENTO, Calif. (AP) - The chief executive of California's $350 billion pension fund does not have a college degree and the revelation has startled some retirees.
Marcie Frost leads the California Public Employee Retirement System, the nation's largest retirement system.
The Sacramento Bee reports that Frost did not claim to have a college degree when she was hired to lead CalPERS in 2016, but Frost is under fire now after a blogger alleged Frost implied in her application and in a statement announcing her hiring that she was working on obtaining a college degree.
Blogger Susan Webber points out Frost said she was pursuing dual degrees at The Evergreen State College in Olympia when she applied to CalPERS but she had not taken any classes there since 2010.
Frost says she still intends to obtain a degree.
You don’t need a degree in anything to invest, or do much else. It’s really only good for indoctrination these days. A person should choose what they’d like to do, and start to work and learn as you go. You could compare it to much like an apprenticeship.
Schools have long ago become a weapon of the left.
“Why you want to make this story a debate about the value of college degrees or not, I don’t understand.”
It kind of fits with the topic at hand. Also, who are you to tell us that we can’t deviate all over? Heh.
Yes, that’s about it.
She...
Oh, okay then, I can see what credentials she had.
It’s the “none dare challenge her” clause.
So, who Hired her?
I guess they at least did an E Verify check, right?
Well, we should see if CA is solvent. Let’s take a look...
Thanks MarchonDC09122009. My guess is, CALPERS is in much better shape than the State of California or its retirees' pension fund.
Hell, Zero hired (and Congress approved) an ‘educated’ man whom couldn’t even use tax prep software correctly as SoT.
We elect a multitude of ‘elite’ whom can’t balance a budget nor successfully project project costs (costs are always low-balled and ‘savings’ reversed).
First 50 names outta phone book something something better, no?
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