CalPERS Quiet On Dealings

Don Trone spoke to the Los Angeles Times about how laws harm the public in the management of public pensions.

Locking information away from the taxpaying public encourages trouble, especially in an era when venture capitalists get business with the help of politicians who solicit campaign cash from them, said Donald B. Trone, president of the nonprofit Foundation for Fiduciary Studies in Pittsburgh.

“It was never a good idea to pass these laws in the first place,” Trone said.

Continue reading at the Los Angeles Times...

#dontrone #news

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