Didn’t you guys see the unpublished financial statement that is the one they really use???
They did really well, and beat the S&P 500…
You forgot to include the unlisted Mutual Fund they invested in…Ticker symbol MMPWA…
Total Investment Returns July 2011 – June 2012
———————————————-
Investment Returns (every other fund) : 0.14%
Investment Returns from the
Year 20XX Guaranteed CA Taxpayer MMPHA
(Make My Pension Whole Again) Fund* : 15.99%
———————————————-
Total Return on “Investment”: 16.13%
*Investment Note: (*) Denotes fund not generally available to the private sector..
———————————————-
What? You think I’m kidding???? Laugh now…Cry later…Probably not that far fetched from reality.
Afterall, heads they win…Tails they win and you (taxpayer) lose…
