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.
California Pension Crisis: CalSTRS Plans to Borrow $30 Billion to Avoid Asset Fire-sale Amidst Liquidity Strain
| Source: | https://citizenwatchreport.com/california-pension-crisis-calstrs-plans-to-borrow-30-billion-to-avoid-asset-fire-sale-amidst-liquidity-strain/ |
| Published: | Jan 9, 2024 |
| Author: | Staff |
| Post Date: | 2024-01-09 11:16:23 by Horse |
| Views: | 69 |