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CalPERS' Bonus Bonanza?
Pension Pulse 
[Opinion] Nov. 6, 2013
"To traders who eat what they kill, seeing America's biggest public pension fund dole out twice as much in bonuses to their senior investment officers after recouping losses suffered during the recession doesn't make any sense at all. Most people would agree with him, why pay out big bonuses for recouping massive losses? CalPERS talks about the need to compete with Wall Street pay but nobody on Wall Street would still have a job if they experienced the losses CalPERS experienced during the recession."
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