Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%.
CalPERS has missed its return targets for the trailing 1-, 3-, 5-, 15-, and 20-year periods.
When CalPERS fails to make its' required returns, California taxpayers are liable for making up the difference for California's uber-generous public pensions.
Doctor cycling in California run down, stabbed by driver screaming about ‘white privilege’:
A doctor cycling along the Pacific Coast Highway in California was mowed down by a driver who then got out of his vehicle and stabbed the cyclist to death while screaming ‘white privilege’ slurs.
Dr. Michael Mammone, 58, of Laguna Beach, was on his bike in Dana Point when he was struck by the driver of a white Lexus.
The driver allegedly sped through a red light at an intersection before running over Mammone on Wednesday afternoon, KABC reported.
He then jumped out of his vehicle and stabbed the victim multiple times in the back before bystanders tackled him to stop the attack.
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ...
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
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...