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San Jose Pension Crush Spurs Bid to Ease Californ...
If Chuck Reed were a private employer and saw his pension costs triple in 10 years, he could cut future benefits as allowed under a federal law known as the Employee Retirement Income Security...
Read more at Bloomberg
Oil’s biggest problem? A new ‘peak’ worry
A fashionable, if annoying, business term is “peak.” Name the commodity or resource, slap “peak” in front of it, and all of a sudden you have a crisis that can generate a few thousand disaster...
Read more at The Globe and Mail
Is coal the new tobacco for investors?
Undermining shareholder value? Calpers chief
says coal reserves that companies continue to develop could turn into a liability. Photo: Jim Rice About $8 trillion of known coal reserves lie...
Read more at
Australian Broadcasting Corporation
+ 4 more articles
Coal Seen as New Tobacco Sparking Investor Backla...
About $8 trillion of known coal reserves lie beneath the earth’s surface. The companies planning to mine and burn them are being targeted by a growing group of investors concerned with the greenhouse...
Read more at
New America Media
+ 249 more articles
Teacher pensions deficit grows $22 million a day
It's still just a speck on the horizon, but getting closer by the second: the point at which California's oldest pension fund -- and the only real retirement security for more than 800,000 educators...
Read more at
Legislative Analyst's Office
California Teachers Association
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