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Facebook, Google, other corporate giants flooded Newsom with record $226 million in charity donations in 2020
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BLM co-founder s group spent $26,000 at luxury Malibu resort
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Facebook, Google, other corporate giants flooded Newsom with record $226 million in charity donations in 2020
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
It appears that at least some people in Sacramento are paying attention to what has been happening at CalPERS and don’t like what they see.
Below, we have embedded the California Assembly Judiciary Committee staff analysis for AB 386, a bill providing for secrecy of private debt investments. The analysis calls out some of CalPERS’ major fiduciary duty failings in remarkably blunt terms.
This matters because CalPERS claims it intends to set up an in-house unit to make direct debt investors, or as laypeople would put it, make loans. CalPERS further maintains that it wants to keep these debt investments until maturity. Yet it also insists that it needs to hide all the details about these loans, including their terms, whether there is any collateral, and who the borrower is!
Quid pro quo? Big tech bankrolls BLM cofounder s PAC, charities in exchange for support -- Puppet Masters -- Sott net
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