Calpers Corruption

The public employee unions run Calpers, and so you get this.

Federal officials on Monday charged the former head of the nation’s largest pension fund and one of his business associates with falsifying documents and other charges in a long-running influence peddling and bribery investigation.

The long history of pay-to-play at Calpers is disgusting.

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  • By Financial Reality on July 18, 2016 at 2:39 pm

    […] drum of its under-funding in the past, so I’m not going to bother again. In addition to its history of corruption, it is well known for being an obnoxious and left-wing activist shareholder, but this isn’t […]

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