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Calstrs

Climate and Pension Activists Should Unite

David G. Crane | Posted 12.11.2013 | San Francisco
David G. Crane

Recently Bay Area climate activist Tom Steyer described the agonizingly slow pace of U.S. political action on global warming as the equivalent of driving a car at a hundred miles an hour towards a cliff. He's right. The longer we wait to address warming, the harder it gets to do so.

Aaron Sankin

California's Prop 30 Funds May Not Actually Go To Schools

HuffingtonPost.com | Aaron Sankin | Posted 04.03.2013 | San Francisco

SAN FRANCISCO -- When a majority of California voters approved Proposition 30 last year, they did so under the assumption that the $6.8 billion per ye...

California Teacher Pensions Need Billions More: Report

AP | By JUDY LIN | Posted 05.21.2013 | San Francisco

SACRAMENTO, Calif. (AP) — California needs to pay an additional $4.5 billion a year for the next three decades to shore up its financially shaky tea...

Shut Down the Merchants of Death -- A Divestment Strategy to Stop Gun Violence

Peter Dreier | Posted 04.15.2013 | Politics
Peter Dreier

Around the country, Americans are not only lobbying their Congressmembers to support legislation to reduce gun violence, they are also voting with their dollars -- through pension funds, government purchasing policies, and university endowments.

Nation's Largest Teacher Pension Fund To Divest From Firearms

AP | JUDY LIN | Posted 01.10.2013 | Education

SACRAMENTO, Calif. -- The nation's largest teacher pension fund took the first step Wednesday toward divesting from companies that make guns and high-...

Are California Teachers' Pensions Funding the NRA?

Richard Robbins | Posted 03.04.2013 | Education
Richard Robbins

Last year, CalSTRS, which is the nation's second largest pension fund, adopted a policy calling for portfolio companies to annually report their expenditures on political contributions.

Cerberus's Investors Must Demand More

Richard Robbins | Posted 02.20.2013 | Business
Richard Robbins

Ironically, the only impact that the tragedy in Newtown has had for the Freedom Group, Cerberus and its investors so far is a massive INCREASE in sales, as gun shops are reporting their highest sales in decades.

Teachers' Funds Invested In Gun Company Linked To Sandy Hook Shootings

AP | JUDY LIN | Posted 02.17.2013 | Los Angeles

SACRAMENTO, Calif. — The nation's largest teachers' pension fund announced Tuesday that it was reviewing its firearms holdings after determining...

Alice Hines

Justin Timberlake, Bill Clinton Shill For Walmart At Annual Meeting

HuffingtonPost.com | Alice Hines | Posted 06.01.2012 | Business

FAYETTEVILLE, Ark. -- What do Taylor Swift and Bill Clinton have in common? It's not the folksy accents, though, perhaps those helped them score t...

Bianca Bosker

Facebook's All-Male Board Draws Investor Scrutiny -- But Don't Count On Change

HuffingtonPost.com | Bianca Bosker | Posted 02.08.2012 | Technology

Though Facebook's chief operating officer Sheryl Sandberg is one of the most outspoken advocates of increasing the number of female leaders in tech an...

CA's Pension Funds Lose $18 Billion After Market Plunges

AP | ADAM WEINTRAUB | Posted 10.10.2011 | Los Angeles

SACRAMENTO, Calif. — The turmoil on Wall Street has hit the nation's largest public pension fund, which lost about $18 billion off the value of ...

Is CNBC Pimping for State Street Bank?

Jerry Brown | Posted 05.25.2011 | Business
Jerry Brown

In my book, there's nothing 'quaint' about corporate fraud or ripping off pension funds. So, I'll continue to bring the high-priced rip-off artists like State Street Bank to justice, regardless of CNBC sneers.

State Street Sued: Jerry Brown, California AG, Sues Bank For "Unconscionable Fraud"

Posted 05.25.2011 | Business

Citing "unconscionable fraud," California Attorney General Jerry Brown announced a major lawsuit today against State Street Bank and Trust. Brown seek...