State authorities sued former top California pension fund officials Federico Buenrostro Jr. and Alfred R. Villalobos on Wednesday for their role in an alleged scheme to get business for investment firms by giving pension officials luxury trips and other gifts.
The civil suit alleges that Buenrostro — chief executive of the powerful California Public Employees' Retirement System from 2002 to 2008 — took tens of thousands of dollars' worth of gifts from Villalobos, a former Los Angeles deputy mayor who now works as a go-between for investment firms.
Thursday, May 06, 2010
Cal. sues 2 former CalPERS officials
The L.A. Times reports:
