[Liz]

CALPERS ......are currently overestimating their retirement benefits.

A case of Arthur Andersenitis?

[Howlin]

Now, Liz, you know I have to read your and Dog's and kcvl's posts to find out about business dealings! LOL.

[Grampa Dave]

Cal Pers is probably a left wing abortion in Pension Funds waiting for a train wreck.

The final derailment will happen when they are forced by Fascist Davis to buy a ton of the new bond to pay back the cost of the free lunch electricity that we got last year.

No one in their right mind would buy any of these bonds. So Davis will have his minor fascists make sure that Cal Pers buys a lot of these new doggie bonds.

When your retirement fund is investing in inner city loans and other left wing Bravo Sierra social stuff, your fund is a train wreck waiting to happen.