Ping
CALPERS invested in a bunch of crap including Ron Burkle and P Diddy. Calpers used to be tough on demanding transparency but now it is a union and democrat slush fund. It is a big pile of money Democrat loot to stay in power and award their friends.
California, feel free to become an independent nation, any time.
Holey 82 BILLION DOLLAR loss Bat Man.
Coming to a pensioner near you...
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Obama Says A Baby Is A Punishment
Obama: If they make a mistake, I dont want them punished with a baby.
Calpers and other like organizations make huge contributions to left wing causes and the Democratic Party.
Like the lost Madoff “investors”, they will demand the taxpayer provide corporate welfare to them.
so where's all this 'vacant'land, I wonder? Land may drop in value but it never drops to zero unless it's underwater