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The Mirage of Pension-Fund Activism

Bob Farkas Jacobin
Pension-fund activism is a dead-end. Organizing and empowering workers is still the only way to revive the labor movement.

Tidbits - October 26, 2017 - Reader Comments: Superstorm Sandy - March for Climate Action Now; Institutions Financing White Nationalism; Che Guevara; Balfour Declaration; Harvey Weinstein; Indonesian Slaughter; announcements; and more...

Portside
Reader Comments: 5th Anniversary of Superstorm Sandy - March for Climate Action Now; I Hate When They Say "He gave his life for his country" - Admiral Gene Larocque; Che Guevara; Harvey Weinstein’s Crimes; Women and the GOP; Solidarity with Striking Workers at Charter/Spectrum; SOA Watch Border Encuentro; and more ...

Wall Street is Taking Over America's Pension Plans

Murtaza Hussain The Intercept
“It’s one of the biggest economic stories in the world because the amounts of money are so huge” says Sirota. “It is happening in every state and every city in the country.”

California Pension Fund Gives the Boot to Hedge Funds

Dean Baker Al Jazeera America
Investment of public money needs transparency and accountability. The CalPERS decision to end hedge fund investments should be a clarion call for pensions to re-examine their relationship with these and other nontraditional investment instruments. Trillions of dollars of public money as well as the retirement security of millions of workers are at stake.

The Hedge Fund That Ate Chicago

Les Leopold Alternet
Why does a millionaire mayor and a billionaire hedge fund CEO team up to attack public pensions? Because that's where the money is.
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