Politics

Nation's Largest Pension Fund Riddled With Buttinsky Investment Criteria

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What could possibly go wrong?

How many policies and statements does CalPERS have aimed at guiding its massive investments, valued at $229 billion last week, in ways that look at the environment, social conditions and corporate governance?

A new study found 111 of them.

Whole PublicCEO.com article here. Reason wrote about "The Next Catastrophe" in February 2009.