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That can backfire, though. "California's two major public pension funds (CalPERS and CalSTRS), the biggest in the nation, lost a total of more than $5 billion
by DrScump 10y ago
That can backfire, though.
"California's two major public pension funds (CalPERS and CalSTRS), the biggest in the nation, lost a total of more than $5 billion on energy-related investments for their fiscal years, ended June 30 (2015), according to a new report."
http://www.latimes.com/business/la-fi-calpers-calstrs-energy-losses-20150813-story.html http://www.latimes.com/business/la-fi-calpers-calstrs-energy...