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The exit of CalPERS' turnaround CEO Anne Stausboll raises the question of whether the pension Goliath's changes are too little, too late and mostly superficial

Stausboll made a big showing of cutting hedge funds and other active managers but her last big act was to pay up for a New York office tower, funded by the sale of a diversified real estate portfolio

Author Irwin Stein April 18, 2016 at 8:12 PM
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Edward Siedle: Overstaffing, underfunding, a lack of transparency and too much politics [are unacceptable].


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