May 2012 Vol. 17 No. 05
PE: Time to face the music
Category: China, U.S.A.
By Paul Mackintosh – 30/04/12
With China’s authorities allocating a fresh US$50 billion to China Investment Corporation (CIC), spare a thought for those ensnared in a different kind of allocation issue – as the US Securities and Exchange Commission (SEC) files changes against the former CEO of pensions giant California Public Employees’ Retirement System (CalPERS).
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