Melodramatic spin aside, Harrigan's CalPERS ouster was more prosaic

Sacramento Bee ^ | 12/4/4 | Dan Walters

[SmithL]

Sean Harrigan and his acolytes are spinning a melodramatic tale about his ouster from the governing board of the huge California Public Employees' Retirement System - that he was such a tireless and effective critic of corporate misdeeds that business executives conspired with Gov. Arnold Schwarzenegger to silence him.

State Treasurer Phil Angelides, who longs to succeed Schwarzenegger as governor, is among those peddling that version of why the State Personnel Board replaced Harrigan as its representative on the retirement board. Harrigan, president of the CalPERS board since last year and a longtime official of the union that represents grocery store employees, and Angelides have been joined-at-the-hip partners in what they have described as a crusade to use the retirement fund's immense stock holdings to press for better corporate behavior.

[SmithL]

Union thug in an expensive suit.

[Grampa Dave]

Amazing that Walters actually did a good job of reporting this and didn't blame:

1. Prop 13 for causing the CalPers problems.
2. The evil GW for causing causing the CalPers problems.
3. The evil Karl Rove for causing causing the CalPers problems.

In fact his last two paragraphs showed some good reporting"

[tubebender]

Willie Brown must owe Wilkes Basford(?) for a bunch of new $1'000.00 suits...

[Grampa Dave]

$1,000 wouldn't pay for the altering fee for Willie's suits.