04.20.2009 3:37 pm
St. Louis Post-Dispatch
Missouri isn’t the only state where bonuses for pension fund managers are causing controversy. In California, the Sacramento Bee reports today that CalPERS and CalSTRS, two of the nation’s biggest public pension funds, paid out millions of dollars in bonuses to their…

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02.02.2009 10:19 am
St. Louis Post-Dispatch
Giant pension funds in Missouri and Illinois are tallying their losses from the great bear market of 2008, and it’s not a pretty picture.
According to the Columbia Tribune, the scorecard in Missouri looks like this:
- Public School Teachers Retirement System, down $7.8…

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01.16.2009 7:00 pm
St. Louis Post-Dispatch
There’s a lot of difference between a cash investment — essentially short-term, liquid securities that you could sell at any time to pay your bills — and a Ponzi scheme. But cash is exactly where the Missouri State Employees Retirement…

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01.16.2009 2:08 pm
St. Louis Post-Dispatch
Missouri’s new state treasurer, Clint Zweifel, says he learned something disturbing in his first meeting with the Missouri State Employees Retirement System, known as MOSERS. The big pension fund, he says, lost $3.5 million in Bernie Madoff’s giant Ponzi scheme.
According…

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05.02.2008 2:01 pm
St. Louis Post-Dispatch
Forbes has a provocative piece on the movement to pull public pension money out of companies that do business with Iran. Trouble is, one of its key examples appears to be wrong.
Forbes leads with a discussion of StatoilHydro, a Norwegian…

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