Category: CalPERS

Month in Review, February, 2013: Part 2, All finance is global

26 April, 2013 (09:00) | Apartments, Argentina, Bankruptcy, Boston, CalPERS, Chapter 40B, Eurozone, Housing, Inclusionary zoning, Innovations, Month in review, ratings agencies, Redevelopment, US News, Zoning | No comments

[Continued from yesterday's Part 1.] ­­ [Previous Months in Review available here: Jan 13, Dec 12, Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   You deserve a break today   Turning from the local to the national, I reported, with no little righteous, on the [...]

Month in Review, February, 2013: Part 1, All real estate is local

25 April, 2013 (09:00) | Apartments, Argentina, Bankruptcy, Boston, CalPERS, Chapter 40B, Eurozone, Housing, Inclusionary zoning, Innovations, Month in review, ratings agencies, Redevelopment, US News, Zoning | No comments

[Previous Months in Review available here: Jan 13, Dec 12, Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   It all depends on what you think ‘local’ is   We think of home as a place of safety where we keep the dangerous world out, [...]

Month in Review, December, 2012: Part 2, Globalized failures

8 February, 2013 (09:00) | Bankruptcy, Boston, CalPERS, disaster response, Economics, Euro, Global news, Month in review, New York City, Proposition 13, Real estate taxes, relief, San Bernardino, Slums, Speculation |

[Previous Months in Review available here: Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   [Continued from yesterday's Part 1.]   In yesterday’s Part 1 of our economically grim December, we followed localized failures in Boston and New York City to the ultimate in personal [...]

Month in Review, December, 2012: Part 1, Localized failures

7 February, 2013 (12:33) | Bankruptcy, Boston, CalPERS, disaster response, Economics, Euro, Global news, Month in review, New York City, Proposition 13, Real estate taxes, relief, San Bernardino, Slums, Speculation |

[Previous Months in Review available here: Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   Housing issues – and this is a housing blog, remember [Who are you reminding – yourself? – Ed.] are inherently place-based, so it’s appropriate to start our review of the [...]

The public-employee pension empire strikes back

16 January, 2013 (13:33) | Bankruptcy, California, CalPERS, Cities, Litigation, Municipal bankruptcy, San Bernardino, Speculation, US News |

By:David A. Smith   As the battle over insolvent cities heats up, Calpers has taken the inevitable step in response to the City of San Bernardino’s filing of bankruptcy and suspension of its payments to its largest creditor – the pension fund manager has sued its customer.    We’re your pension fund managers and we’re [...]