CalPERS Wastes Fund Assets on a Sham Investigation to Intimidate Board Members
CalPERS resorts to a “garbage in, garbage out” investigation to try to bully board members who have the temerity to ask questions and talk to the press.
Read more...Category Archives: Corporate governance
JJ Jelincic: CalPERS’ Plan to Create 2 New Private Equity Companies, Give Away Billions With No Control Makes No Sense….Except to Make Fund Managers Rich
CalPERS still can’t justify its new private equity business model, and has even retreated to calling it just a concept, yet it wants the board to sign a blank check at next week’s meeting.
Read more...Is a Harvard MBA Bad for You?
Why an MBA is not what it is cracked up to be.
Read more...CalPERS Election Vendor Votem on Verge of Failure Just as CalPERS Board About to Approve “Business as Usual” Election Notice
More proof that CalPERS CEO Marcie Frost is so busy with self-promotion that she can’t be bothered to have her staff execute adequately on important but not-that-difficult tasks.
Read more...CalPERS Chief Investment Officer Ben Meng Lied About Private Equity to State Senator Dr. Richard Pan at Joint Pension Committee Hearing
CalPERS lied to the wrong person. State Senator Dr. Richard Pan is smart enough to know he was snookered when word gets back to him.
Read more...CalPERS’ Management Continues to Lie to Its Board and Beneficiaries About Its Private Equity Scheme
CalPERS is once again up to no good on the private equity front.
Read more...Even More on “Is CalPERS Private Equity Architect John Cole So Clueless He Doesn’t Know He’s Lying?”
It has taken three posts to unpack all the lies that John Cole told CalPERS’ board in December about its new private equity scheme.
Read more...CalPERS’ Story About Sudden “Resignation” of Star Hire Elisabeth Bourqui Falls Apart as Bourqui Comes to Board Meeting With Heavyweight Employment Lawyer
Pass the popcorn. It looks like CalPERS CEO Marcie Frost tangled with the wrong person in the form of Elisabeth Bourqui.
Read more...CalPERS Fiasco: Impermissible Non-Public Board Election Count; Failure of Widely Criticized Internet Voting to Deliver on Any Goals; Botched Tabulation
CalPERS refused to abandon its half-baked idea to push beneficiaries to vote by Internet ant phone. The scheme had not only failed to produce its alleged benefits, but it’s also again demonstrated CalPERS’ incompetence and deep commitment to cronyism.
Read more...CalPERS Star Hire Elisabeth Bourqui Resigns Suddenly After Only Eight Months, an Indictment of CEO Marcie Frost; Insiders Speculate Private Equity Was the Cause
CalPERS loses a highly qualified top executive. CEO Marcie Frost’s fingerprints are all over the departure, in a bad way.
Read more...CalPERS CEO Marcie Frost Pressed Senior Staff to Wear Burgundy to Show Loyalty
No matter how bad you think it is at CaPERS, it’s worse.
Read more...Why Is CalPERS Out to Give Roundly Defeated Ex-Board Member Priya Mathur a Glamorous Boondoggle, and Poke a Stick in the Eye of Beneficiaries and Board Members in the Process?
CalPERS again insists on doing the wrong thing.
Read more...Bill Black: Countering Chinese Accounting Control Fraud and Predation Against U.S. Investors
Bipartisan failure of securities regulators allows the China Hustle of accounting control fraud to fleece US investors in Chinese companies.
Read more...Can Zuckerberg Survive Facebook’s Stock Selloff?
To think it was not all that long ago that Zuckerberg was contemplating a presidential bid…
Read more...As Zuckerberg Refuses to Testify, UK Seizes Thousands of ‘Potentially Explosive’ Documents Facebook Has Tried to Keep Secret
The costs of Mark Zuckerberg’s hubris keep rising.
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