Posts Tagged ‘pension’
Bloomberg Shifts $5 Billion Out of Friend’s Firm
February 28th, 2010 | 
Author: 
The mayor is moving his fortune from Quadrangle Group 10 months after a scandal with the state pension fund.
Posted in Options Trading | 
Tags: 10 months, fortune, Fund, group, mayor, pension, Quadrangle, scandal, state, state pension fund | 
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J.C. Penney’s profit drops, outlook brightens
J.C. Penney Co. is reporting a 78 percent drop in its third-quarter earnings because of a big expense to fund its pension plan.
J. C. Penney – Pension – Business – J.C. Penney – Abercrombie & Fitch
Land deal advisor resigns from Calpers (Reuters)
Reuters – The real estate investment manager who led the California Public Employees’ Retirement System, the nation’s largest pension fund, into a money-losing land venture has resigned as an adviser to the fund, a spokeswoman for MacFarlane Partners said on Saturday.
Posted in Uncategorized |
Tags: adviser, California, california public employees, california public employees retirement, california public employees retirement system, employees retirement system, Estate, Fund, Investment, investment manager, Land, MacFarlane, macfarlane partners, manager, money, nation, pension, pension fund, Public, public employees retirement, public employees retirement system, real estate investment, retirement, Reuters, Saturday, spokeswoman, system, venture |
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Steep losses pose crisis for pensions
The financial crisis has blown a hole in the rosy forecasts of pension funds that cover teachers, police officers and other government employees, casting into doubt promises made to future retirees.
Posted in Stocks Unit Trust ETF Investment |
Tags: crisis, doubt, financial crisis, government, government employees, hole, pension, pension funds, police, police officers |
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Calpers sues rating agencies over losses (Reuters)
Reuters – Calpers, the biggest U.S. public pension fund, has sued the three largest credit rating agencies for giving perfect grades to securities that later suffered huge subprime mortgage losses.
Posted in Uncategorized |
Tags: Calpers, Credit, credit rating agencies, Fund, losses, mortgage, pension, public pension fund, rating, Reuters, subprime, U.S. |
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