NEW YORK (Reuters) - New York City's largest public pension fund voted on Thursday to unwind all of its hedge fund investments in a sign of the growin...
Read Whole Story
Both the New York City and New York State pension funds have a direct stake in corporations that are second cousins to slavery, the private prison industry. This is a shocking revelation.
The agreement reached Thursday by Mayor Bloomberg, Comptroller Liu, and leading labor unions provides hope that 2012 will be a year of pension reform, but such hopes have previously arisen and been dashed.
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more.