“Drunkle I hope that is still the case since that was 26/07/2005.”
______________________
Actually, it’s no longer the case. The fund is now much larger, with a current market value of $248 billion.
Also, it’s probably worth recalling that Calpers lost about $20 billion – that’s right I said billion – in ’01-’02 as the market went south. They lost about a billion on Enron alone.
