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|Can CalPERS Afford to Throw Stones on Corporate Governance Issues?|
June 18, 2002
Excerpt: The California Public Employees' Retirement System (CalPERS) earns its reputation as the world's corporate governance bulldog.... Now, the $149 billion fund may need a dose of its own medicine. CalPERS, which has 1.3 million beneficiaries among current or former state employees, has developed a rash of governance problems.
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