California Sues Morgan Stanley, Alleges 'Culture Of Greed And Deception'California's public pension funds suffered major losses due to misrepresentations made by Morgan Stanley, a lawsuit filed Friday claims.
California Teachers' Pension Fund Moves To Divest From Gun MakersThe nation’s largest teacher pension fund is taking the first step toward divesting from companies that manufacture guns and high-capacity ammunition magazines that are illegal in California.
CalPERS Reports Dismal 1 Percent ReturnThe nation’s largest public pension fund reported a dismal 1 percent return on its investments, a figure far short of projections that will likely add pressure on California’s state and local governments to contribute more.

More From CBS San Francisco

Get The New CBS SF Bay Area Local App
Got Our Weather App?

Listen Live