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couldn't happen to a nicer pension fund.

well, next to a teamsters or a federal pension fund anyway.

1 posted on 03/27/2010 6:56:27 PM PDT by NormsRevenge
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To: NormsRevenge
CalPERS has hired a Washington, D.C., law firm, Steptoe and Johnson ...

LOL! The law firm of Obama and Biden!

2 posted on 03/27/2010 7:01:33 PM PDT by mlocher (USA is a sovereign nation)
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To: NormsRevenge
At issue is whether the investment decisions of fund managers were influenced by bribes rather than the best long-term interests of pensioners.

They almost certainly must be very interested in the decision to buy into a 56-building, 11,000 rental-unit complex in New York apartment in late 2006. That was a bell ringing loudly signifying that the housing bubble was OVER.

http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial&q=calpers+%22housing+bubble%22+stuyvesant+2006&aq=f&aqi=&aql=&oq=&gs_rfai=

5 posted on 03/27/2010 7:51:09 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: NormsRevenge; Grampa Dave; SierraWasp; marsh2; editor-surveyor

Whoever is bringing the popcorn better bring lots of it because I suspect it will be a cold day down yonder before anymore is made public if the SEIU is involved in CALPERS...


7 posted on 03/27/2010 9:48:22 PM PDT by tubebender (You're never too old to have a happy childhood...)
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