9.26.2006

Judge gets $10 million in numbered Swiss bank account

Enron's Fastow Gets 6-Year Sentence:
Andrew Fastow, the mastermind behind financial schemes that doomed Enron Corp., was sentenced Tuesday to six years in prison -- four years less than he had agreed to in a plea bargain -- by a judge who felt he deserved leniency.

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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...