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    Back to Which Way, L.A.?

    Which Way, L.A.?

    CalPERS Investigating $50 Million Paid to Former Board Member

    California largest public retirement system, CalPERS , stands to lose $500 million on a New York real estate deal that's about to go bust. Other potential losers are the Government of Singapore Investment Corporation and the Church of England.  The State Teachers' Retirement System has already written off $100 million.

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    By Warren Olney • May 12, 2014 • 1 min read

    California largest public retirement system, CalPERS, stands to lose $500 million on a New York real estate deal that's about to go bust. Other potential losers are the Government of Singapore Investment Corporation and the Church of England. The State Teachers' Retirement System has already written off $100 million. Dale Kasler covers business and economics for the Sacramento Bee.

    The full episode

    2 of 4
    The President Goes to The Big Easy; Bill Bratton's Leaving LA
    1. 0:00The President's Quick Trip to The Big Easy
    2. 27:36CalPERS Investigating $50 Million Paid to Former Board MemberYou’re reading this
    3. 31:54Chief Bratton Prepares to Depart LA
    4. 48:51Parker Center Press Room Closes, LAPD Lore Lives On
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Dale Kasler

      Sacramento Bee

      News

    The full episode

    2 of 4
    The President Goes to The Big Easy; Bill Bratton's Leaving LA
    1. 0:00The President's Quick Trip to The Big Easy
    2. 27:36CalPERS Investigating $50 Million Paid to Former Board MemberYou’re reading this
    3. 31:54Chief Bratton Prepares to Depart LA
    4. 48:51Parker Center Press Room Closes, LAPD Lore Lives On
    Back to Which Way, L.A.?