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Teachers' Union Chief Tries to Veto Use of Mutual Funds Pushing Teacher Reforms
The Wall Street Journal Link to more items from this source
[Opinion]
Apr. 19, 2013

"Public pension funds are frantically chasing higher yields to reduce their roughly $3 trillion in unfunded liabilities. But don't tell that to Randi Weingarten, the teachers union el supremo, who is trying to strong-arm pension trustees not to invest in hedge funds or private-equity funds that support education reform.... To the extent that her causes interfere with getting higher returns from the best-performing investment funds, the trustees would be violating their duties and the law to take her bad counsel."  MORE >>

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