4.15.2010

Thank you sir, may I have another

Some people report a feeling of patriotic duty associated with filing their taxes. I discovered anew today, as in years past, that I am not one of those people.

Cheers to you, Uncle Sam. Cheers to you, Goldman Sachs. Spend it well.

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...