From time to time, the CalPERS board seems determined to have us think of it as a group of kindergarteners playing in grown-up clothes., whose chief offense appeared to be challenging the complacency of other trustees about what they were being told about the giant pension fund’s investment strategies.
Jones’ power to discipline Brown is evidently plenary. It doesn’t require the consent of or even consultation with anyone else on the 13-member board of administration, and isn’t appealable. If you think his “private discipline” sounds like thelevied by Dean Wormer on the refractory brothers of the Delta frat in the movie “Animal House,” you won’t get an argument here.
Jones’ disciplinary order barred Brown from receiving reimbursement for travel on CalPERS business through the end of this month, except for attending board and committee meetings. That meant she was to be denied reimbursement for meetings with the public or her constituents, or professional conferences on issues important to the fund, such as healthcare financing conferences.Jones also warned he would “take [her] conduct into account in 2020 when I am considering committee appointments.
The investment portfolio of CalPERS, which is the largest public pension fund in the nation, has beenAs of Dec. 31, the fund’s public equity investments, which account for about half the portfolio of some $400 billion, lagged their benchmark indices in the five-year, three-year, one-year and fiscal-year-to-date time frames.
hiltzikm No, all the time they are 5 year olds.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DACA Workers Need Industry’s Help to Make Their Hollywood Dreams Come True (Guest Column)A constrained sigh — a fleeting release. My reaction to the Supreme Court voting in our favor to block the Trump administration from ending Deferred Action for Childhood Arrivals (DACA), last…
Source: Variety - 🏆 108. / 63 Read more »
Column: Grasping for divisive issues, Trump revives a real loser — banning flag burningIn a call with governors, and again at his Tulsa, Okla., rally last week, Trump urged a law the Supreme Court has already overturned repeatedly. opinion Irony is that there is a huge amount of actionable abuse and disrespect ( putting it on clothes/adding pictures of trump) carried on by far right opinion Banning the burning of our American flag is a 'real loser'? It is not freedom of choice, I will give anyone that. Think about our military, though. How many very brave men and women fight for that flag. Banning flag burning is a good debate. Not a 'real loser' opinion They need to respect the flag.
Source: latimes - 🏆 11. / 82 Read more »
Column: Citing coronavirus, Sutter seeks to renege on 'historic' antitrust dealGiant Sutter Health says coronavirus crisis warrants renegotiating antitrust settlement. Don't believe it Go after their assets!
Source: latimes - 🏆 11. / 82 Read more »
Column: Beware of this 'important opportunity' for job-seeking studentsYoung people throughout SoCal are receiving mysterious letters offering 'an important opportunity' for summer jobs. It's selling knives. Ваши твитты очень полезны для меня Davidlaz Proof words are bullshit just to get people to act how you want them to. Ah, business as usual Davidlaz This has been going on for a while... Graduated high school in '08 and so many students fell for this
Source: latimes - 🏆 11. / 82 Read more »
Column: The coronavirus could cut your Social Security benefits for life, unless Congress actsA glitch in the Social Security formula means a longterm coronavirus-related benefit cut for some workers hiltzikm hiltzikm They better get a job at Walmart. hiltzikm PLEASE READ BlackatLAT Heartbreaking stories on the painful ordeals and injustices many black employees had/have to face at the hands of LAT. LAT’s insidious behavior should not go unchecked!
Source: L.A. Times Health - 🏆 364. / 59 Read more »
Column One: She kept her scissors going in South Korea's postwar years. The coronavirus hasn't stopped herThroughout the pandemic, Lee Duk-hoon has coped the only way she knows how — bringing order to a chaotic world one head of hair at a time. nice👏 Tomorrow's Headline: South Korea's first-ever female barber dies of Coronavirus Kidding! 🙏 🤍
Source: latimes - 🏆 11. / 82 Read more »