Something to watch out for. I am basically betting that nothing will change.
Wednesday, July 15, 2009
Calpers sues rating agencies
Article in NYT. Basically Calpers investment managers outsourced their decision making to somebody else. When they got ripped off, they are suing. The question to ask is - is Calpers relying on its own brains today in its fixed income investment process, or are they still relying on rating agencies.
Subscribe to:
Post Comments (Atom)
1 comment:
Hi everybody!
For sure you didn’t here about me yet,
friends call me James F. Collins.
Generally I’m a venturesome analyst. for a long time I’m keen on online-casino and poker.
Not long time ago I started my own blog, where I describe my virtual adventures.
Probably, it will be interesting for you to read my travel notes and reports about winnings and losses on this way.
Please visit my diary. http://allbestcasino.com I’ll be glad would you find time to leave your comments.
Post a Comment