It’s Farrago Friday!
CalPERS Voting Data Clarified In this post from last week, I voiced some skepticism about CalPERS’ second quarter voting statistics. According to CalPERS, they voted at 6,847 meetings during the quarter and on 67,072 resolutions. This yielded what seemed to me to be an improbable 9.8 resolutions per meeting. Anne Simpson, CalPERS’ Senior Portfolio Manager and Director for Corporate Governance, explained to me that CalPERS Read more...
