CA pension fund lost $56 billion.. and …

CA pension fund lost $56 billion.. and you think you had it bad. The California Pension system is one of the country’s largest investors in stocks. They are so big, they can force corporations to do things like “go green” or “be diverse” because if they sell their stock the price will plummet. Government employees should keep this in mind when President Obama wants to “sock it” to the greedy corporations. He’s talking about you, their owners via your pension fund.