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The dispute over California public employee payouts is growing. Republicans blame Democrats, who see the problem but fear alienating labor. me-cap-20100429 No question: California public employee pensions are a big problem — especially for
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Chief Investment Officer Joseph Dear in a press release announcing the agreement.
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Boston has gone by the wayside, according to reports in the Boston media today. The city's two daily papers, the Globe and the Herald, say the project consumed more than $120 million before developers gave up...The demise of Columbus Center, a mixed-
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02/11/2010 10:00:07 PM PST Northern California Public Broadcasting has a new boss — but a very familiar one. John Boland, currently chief content officer at PBS, would become the organization's sixth president and chief executive officer, succeeding
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The huge California Public Employees' Retirement System is in deep financial doo-doo, having lost tens of billions of dollars in often-speculative investments, and is telling state and local officials it will need more "contributions." Meanwhile,
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San Francisco businessman Victor MacFarlane is ending his longtime role as a real estate adviser to the California Public Employees' Retirement System, a spokeswoman for his firm said Saturday. The development came after real estate investments by
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A Boston bank cheated California's two largest employee pension funds of nearly $57 million by inflating fees it charged for foreign currency trades, according to a suit filed Tuesday by the state attorney general's office. The pension funds,
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The likely loss, first reported in today's Wall Street Journal, marks the latest setback for the real estate portfolio at the California Public Employees' Retirement System. The portfolio stood at $17.87 billion as of July 31 and had lost 36 percent
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The California Public Employees' Retirement System said in a lawsuit filed last week in California Superior Court in San Francisco that it might lose more than $1 billion from structured investment vehicles, or SIVs, that received top grades from
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The nation's largest public pension fund, known as Calpers, picked the top executive at Washington state's pension system as its new chief investment officer...Dear, who has served as executive director at the Washington State Investment Board since
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