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Chapter 17: Bankruptcy Ruling Cuts CalPERS Down To Size

Chapter 17: Bankruptcy Ruling Cuts CalPERS Down To Size

by Jeff Chang | Feb 23, 2015 | Pension

On February 4, 2015, the Judge overseeing the City of Stockton bankruptcy issued an opinion, overruling Franklin Templeton’s lone objections to the City’s plan of reorganization and, very pointedly, clarifying the true role of CalPERS – at least in a...

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