9.01.2005

Rich white girls devastated by hurricane...



(AP) "Katie Maucher talks to a friend on her cell phone at the College of Charleston, Thursday, Sept. 1, 2005, in Charleston, S.C., after she transferred to the College of Charleston after Hurricane Katrina damaged Tulane University in New Orleans. Thousands of students affected by Katrina were forced to improvise on their fall-semester plans."

CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...