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CalPERS: Fighting for Returns

Thu 14 Jun 12 | 04:40 PM ET
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CalPERS: Fighting for Returns

Thu 14 Jun 12 | 04:40 PM ET
A big day for the markets, but is this rally for real? Joe Dear, CalPERS CIO, weighs in. "[Markets] are in a pessimistic phase, we will work through the credit excess, and then we will be in a more optimistic phase," says Dear.
 
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