2009-11-21forbes.com

" Instead of undertaking a heartfelt house-cleaning, Calpers true nature--as a political animal--has come to the forefront. It has responded to its critics by setting up a Web site at www.calpersresponds.com. Calpers says the site "is intended to educate--and separate fact from fiction--about issues and our response related to pensions, investments and national health care reform.""



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