Saturday, June 11, 2011

Private Investigator News: Email deletion policy of pension giant CalPERS raises concern

"The California Public Employees' Retirement System has begun automatically deleting any emails older than 60 days, raising concerns among watchdog groups that the giant pension fund could be destroying evidence of misdeeds.

CalPERS has been under state and federal investigation over allegations that former executives and board members improperly influenced the fund's investment decisions and strong-armed a medical benefits vendor to retain a former board member as a consultant, according to an internal review ordered by the fund and released in April."

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Location Oakland, Ca | San Francisco, Ca | California - Private Investigator