Calpers CIO’s Mysterious Exit Was Preceded by Months of Torment - Bloomberg
Calpers CIO’s Mysterious Exit Was Preceded by Months of Torment - Bloomberg
Summary
First, he was called a Chinese spy. Then he was accused of misleading his board. Yet Ben Meng stayed on as investment chief at California’s mammoth state pension plan. What finally drove him to quit wasn’t only the public pressure, it was a Wall Street sin ev…
My Thoughts
This article from Bloomberg really sums up how I feel about the entire industry as a whole. It's a quick read so I suggest if you are interested to check out the source article. I tried to summarize it the best I could for the rest of you.
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