The federal guilty plea by the former CEO of Calpers, Fred Buenrostro, who says he accepted $200,000 in cash bribes in paper bags and a shoebox to help win a $3 billion investment by Calpers in private equity funds, is the subject of my column this week, about the state-pension-fund-industrial complex. Please check it out at Reason (here), the New York Sun (here), and Newsmax (here).
Cash in Paper Bags, Shoeboxes for Calpers CEO
https://www.futureofcapitalism.com/2014/07/cash-in-paper-bags-shoeboxes-for-calpers-ceo
by Editor | Related Topics: State-pension-fund capitalism receive the latest by email: subscribe to the free futureofcapitalism.com mailing list