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Calpers CIO made false disclosure, resigns 2 days later
- silexia 6y agoFinance used to be a boring but scrupulously honest area of work. Unfortunately, many finance people are now corrupt. Private equity for example in the last thirty years has turned into a mechanism to make its operators rich while destroying the businesses it invests in. https://joelx.com/private-equity-destroys-hospital-chain/15949/ https://joelx.com/private-equity-destroys-hospital-chain/159...
- rsj_hn 6y agoNaked Capitalism has done a great job covering this stuff, and has many articles describing the corruption in CalPers.