California Public Employees Retirement System

California Public Employees Retirement System Newswire (Page 10)

Comprehensive Real-Time News Feed for California Public Employees Retirement System. (Page 10)

Results 181 - 200 of 1,033 in California Public Employees Retirement System

  1. CalPERS names Wall Street executive as its new real estate chiefRead the original story

    Feb 5, 2015 | Los Angeles Times

    The California Public Employees' Retirement System building. The giant public pension fund named Wall Street executive Paul Mouchakkaa to run its still-recovering real estate portfolio.

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  2. Baker joins CalSTRS as PE officer; previously at sister pension CalPERSRead the original story w/Photo

    Feb 5, 2015 | PE Hub

    Tom Baker , previously a private equity portfolio manager at the California Public Employees' Retirement System , has moved just down the street to join the private equity team at the California State Employees' Retirement System . Baker started at CalSTRS in December as one of five private equity portfolio managers, Ricardo Duran, a spokesman for the pension system, confirmed.

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  3. Mouchakkaa joins CalPERSRead the original story w/Photo

    Feb 5, 2015 | PE Hub

    The California Public Employees' Retirement System today announced that Paul Mouchakkaa has been selected as CalPERS' Senior Investment Officer for Real Assets. Mouchakkaa takes over the position on March 2, succeeding Ted Eliopoulos, who was appointed CalPERS Chief Investment Officer in September 2014.

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  4. State pension funds look to recover more after S&P settlementRead the original story

    Feb 4, 2015 | Los Angeles Times

    The nearly $1.4-billion settlement with U.S. Justice Department officials and 19 state attorneys general provided the California Public Employees' Retirement System and the California State Teachers' Retirement system with $335 million. Above, the CalPERS building in Sacramento.

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  5. Marin advocates with dueling viewpoints on public pensions square offRead the original story w/Photo

    Feb 4, 2015 | Marin Independent Journal

    Roland Katz, executive director of the Marin Association of Public Employees, speaks about public pensions at a meeting of the Marin Coalition. Is the current government pension system an unethical indebtedness of future generations or an economic bulwark for the nation's imperiled middle class? Bill Monnet, a financial analyst and board member of Citizens for Sustainable Pension Plans, and Roland Katz, executive director of the Marin Association of Public Employees, provided these dueling viewpoints Wednesday during a Marin Coalition luncheon at McInnis Park's Club Restaurant.

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  6. Santa Ana City Council votes to keep armed park ranger unitRead the original story w/Photo

    Feb 4, 2015 | The Wave

    Armed rangers will continue to monitor Santa Ana parks, the City Council decided Tuesday, signaling the end of a debate that's been a source of discord among council members for months. The city has been re-examining its part-time park ranger program for about two years, after getting notice from the California Public Employees' Retirement System that it can no longer staff a program with CalPERS retirees.

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  7. As S&P's Crisis-Era Cloud Lifts, Focus Shifting to Moody'sRead the original story

    Feb 4, 2015 | The Washington Post

    Shares of S&P owner McGraw Hill Financial Inc. have gained 6.2 percent the past three months to $94.84 as it settled government claims Tuesday that it bent ratings criteria to win business during the housing boom. That's compared with a 6.7 percent decline for Moody's, which owns the second-largest credit rater.

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  8. Fitch: MFHI's Ratings Unaffected by $1.5 Billion in SettlementsRead the original story

    Feb 4, 2015 | Business Wire

    In accordance with the agreements MHFI agreed to pay $687.5 million to the DOJ and $687.5 million to the 10 states and the District of Columbia. Additionally the company entered into a settlement agreement with the California Public Employees' Retirement System whereby the company agreed to pay $125 million to CalPERS to settle claims related to three structured investment vehicles.

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  9. S&P paying $1.38B to settle charges over crisis-era ratingsRead the original story w/Photo

    Feb 4, 2015 | Nashua Telegraph

    Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis. The Justice Department announced S&P's settlement Tuesday with the U.S. government, 19 states and the District of Columbia over ratings issued from 2004 through 2007 by the McGraw Hill Financial subsidiary.

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  10. Arizona to receive $21.5M from S&P lawsuitRead the original story w/Photo

    Feb 4, 2015 | Business Journal

    ... acked securities from 2004 to 2007. The company also agreed to settlement with California Public Employees Retirement System for $125 million.

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  11. As S&P's Crisis-Era Cloud Lifts, Focus Shifting to Moody's RoleRead the original story

    Feb 4, 2015 | The Washington Post

    Standard & Poor's $1.5 billion settlement to resolve claims it inflated mortgage-bond ratings is giving shareholders in its parent company optimism that the worst of its crisis-era legal woes are behind it. For owners of rival Moody's Corp., concern is mounting that it has more to come.

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  12. LETTERS: CalPERS on track to deliver on promisesRead the original story w/Photo

    Feb 3, 2015 | The Press-Enterprise

    "Rethink costly pensions" [Editorial, Jan. 29] contained many loaded and negative words about the pension system managed by the California Public Employees' Retirement System for its approximately 1.6 million members. The emerging problem is certainly not due to "failing investment returns," as the most recent investment gains for 2013 show returns of 18.4 percent on its $300 billion portfolio.

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  13. Standard & Poor's hit by largest penalty ever levied on credit rating agencyRead the original story w/Photo

    Feb 3, 2015 | The Independent

    ... that had also sued. Separately, S&P will also pay an additional $125m to the California Public Employees Retirement System to settle its claim related to the mortgage crisis. S&P was accused of manipulating its internal procedures in order to create ...

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  14. DOJ announces $1.375 billion settlement with S&PRead the original story w/Photo

    Feb 3, 2015 | Jurist

    The lawsuits accuse the credit rating firm of defrauding investors and sending out inaccurate ratings on mortgage securities as a way to drum up more business, contributing to the 2008 financial crisis. The US government, including the DOJ and several states, all filed lawsuits against the company over their ratings, which were said to have caused hundreds of millions of dollars in losses.

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  15. LocalIndiana to get $21 million in S&P settlementIndiana to get $21...Read the original story

    Feb 3, 2015 | The Star Press

    ... office. S& said it reached a separate settlement to pay $125 million to the California Public Employees Retirement System to resolve its claims related to ratings of three structured investment vehicles. That deal is not subject to court approval. ...

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  16. Standard & Poor's paying $1.38B to settle charges over ratings that helped trigger Great RecessionRead the original story w/Photo

    Feb 3, 2015 | St. Petersburg Times

    Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis. The McGraw Hill Financial subsidiary Standard & Poor's Financial Services LLC reached a settlement with the Justice Department over ratings issued from 2004 through 2007.

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  17. S&P paying about $1.38B to settle gov't allegations it inflated mortgage bond ...Read the original story w/Photo

    Feb 3, 2015 | Nanaimo Daily News

    Standard & Poor's is paying about $1.38 billion to settle government allegations that it knowingly inflated its ratings of risky mortgage investments that helped trigger the financial crisis, the Justice Department announced Tuesday. The settlement with the U.S. government, 19 states and the District of Columbia covers ratings issued from 2004 through 2007 by the McGraw-Hill subsidiary.

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  18. Tailing Europe, U.S. Is on the Road to New Investment BondsRead the original story

    Jan 22, 2015 | Roll Call

    The White House's idea to promote public- private partnerships with a new kind of investment bond could raise billions of dollars for transportation projects with relatively little fiscal effect on the government, but the big infrastructure projects carry big risks for the private sector. The Qualified Public Infrastructure Bond the administration proposed this month would give public-private partnerships access to the low interest rates, federal tax benefits and the government protection of municipal bonds.

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  19. Nevada County revises CoRR contract for drug courtRead the original story w/Photo

    Jan 29, 2015 | The Union

    ... were prohibited from being rehired by the county due to regulations of the California Public Employees Retirement System. Instead, they were employed by CoRR to do the work until the county could decide how to approach the case management portion. ...

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  20. Kel Nagle dies at 94; Australian golfer won the British OpenRead the original story w/Photo

    Jan 28, 2015 | Los Angeles Times

    Kel Nagle, a former British Open winner, U.S. Open runner-up and a member of the World Golf Hall of Fame, has died in Australia. He was 94. The PGA of Australia said in a statement Thursday that Nagle, who won the British Open at St. Andrews in 1960, its centenary year, died overnight at a Sydney hospital.

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