As Bribery Case Continues, Calpers Reaps Profits From Tainted Investments

dkasler@sacbee.com (Dale Kasler), Sacramento Bee: Business
Thu, 07/24/2014 - 10:33pm

It’s been one of the darkest chapters in CalPERS history, a bribery scandal that prompted a guilty plea from its former chief executive earlier this month. It’s also been rather profitable. CalPERS poured more than $4.4 billion into investments marketed by Alfred Villalobos. Out of 11 deals, only one lost money.

Topics: alfred villalobos calpers bribery investments

Place your ad here
Loading...

BING NEWS:

Key figure in Kaneshiro, Mitsunaga bribery and corruption case testifies
HONOLULU (KHON2) — A central figure in the corruption and bribery case involving former Honolulu prosecutor Keith Kaneshiro and former businessman Dennis Mitsunaga took the stand as the ...
04/8/2024 - 5:01 pm | View Link
More

More Movie News

More Business News

Here are Jacksonville's 2024 Ultimate Tech Leaders
BizJournals, Monday - 05/06/2024 - 12:45 AM
These men and women are shaping the future of their companies and the First Coast business community
More | Talk | Read It Later | Share
Florida considers adopting new state bird
BizJournals, Monday - 05/06/2024 - 12:45 AM
The mockingbird? The flamingo? Which bird best represents the Sunshine State?
More | Talk | Read It Later | Share
Strategic Voices: Why this South Florida construction company looks to expand in Northeast Florida
BizJournals, Monday - 05/06/2024 - 12:45 AM
This Fort Lauderdale-based general contractor and its clients are looking to expand along the First Coast. Here's why.
More | Talk | Read It Later | Share
How one interior design small business saved her company from debt
BizJournals, Monday - 05/06/2024 - 12:00 AM
In 2006, Paola Martinez started Olamar Interiors, LLC, an interior design company in Warrenton, Virginia. It wasn’t her first career — instead, she pivoted from a completely different industry when she had two young babies and wanted to be home while building a business at the same time. “It quickly turned into my third baby,” she said.
More | Talk | Read It Later | Share
Hedge fund manager Larry Robbins moves to South Florida
BizJournals, Sunday - 05/05/2024 - 10:52 PM
This week's banking & finance news.
More | Talk | Read It Later | Share
Brickell City Centre to welcome NYC burger joint
BizJournals, Sunday - 05/05/2024 - 10:44 PM
This week's hospitality news.
More | Talk | Read It Later | Share

As Bribery Case Continues, Calpers Reaps Profits From Tainted Investments

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News