Title: California Pension Crisis: CalSTRS Plans to Borrow $30 Billion to Avoid Asset Fire-sale Amidst Liquidity Strain Source:
[None] URL Source:https://citizenwatchreport.com/cali ... -sale-amidst-liquidity-strain/ Published:Jan 9, 2024 Author:Staff Post Date:2024-01-09 11:16:23 by Horse Keywords:None Views:21
California is experiencing a pension inferno! One of the biggest public pension plans in the US plans to borrow tens of billions of dollars to maintain liquidity instead of triggering a fire-sale of its assets.