The Rats Are Really Squirming Now!!!!!
A newspaper is reporting that federal prosecutors have started a criminal investigation into investment activities at the nation's largest public pension fund.
Citing unnamed sources, The Wall Street Journal said Justice Department officials in Los Angeles are examining potential influence-peddling within the California Public Employees Retirement System.
At issue is whether the investment decisions of CalPERS fund managers were influenced by bribes.
A spokesman for the U.S. attorney's office in Los Angeles declined to comment to The Associated Press on Friday. CalPERS' chief spokesman, Brad Pacheco, told the AP his office is not aware of any criminal investigation.
C'mon Fools.....anyone with a BA in Alstrynomics knew this was coming....the only question is where it is going!!!!!!!