[george76]

The smell of Burkle and Clinton ?

/s

.

[george76]

bemusement and concern to news that Bill Clinton has been hired by one of his mega-donors Ron Burkle. Burkle hired Clinton to provide “counsel” and serve as “Senior Advisor” to his Yucaipa Companies firm and investment funds. Burkle has a long, sordid history with the Clinton fundraising machine.

Yucaipa fund companies work closely with union pension funds and CalPERS, the nation’s largest public pension fund with assets totaling $147 billion.

[BurbankKarl]

There are report they may have lost over a billion on flipper loans

[the invisib1e hand]

calpers has stunk forever; a case study in the dangers of concentration of wealth. can't believe their not upside down yet, what with the inevitable truth of the maxim "money always returns to its rightful owners."

When the books are opened, it will probably be learned that the guy is leaving because the fund has been vaporized by credit derivatives.

then they'll whine.

[SunkenCiv]

Thanks geo.

Sharpton leads “Kill the Police” rally
MichelleMalkin.com | 4.26.08 | Michelle Malkin
Posted on 04/27/2008 2:33:48 PM PDT by OnRightOnLeftCoast
http://www.freerepublic.com/focus/news/2007769/posts

[buck jarret]

And a union has introduced a bill to keep Calpers money out of private equity fund investments where the co-investors or shareholders of the p.e. firms include funds from states with poor human rights records (i.e., U.A.E., Saudi Arabia). Many of Calpers’ best performing investments (Apollo, Carlyle, etc.) fit this description.