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CalPERS assets fall 23.4 percent in value for 2009

Jul. 21, 2009
The California Public Employees' Retirement System said Tuesday the market value of its assets plunged 23.4 percent for the year ended June 30, marking the most severe annual decline the nation's largest public pension fund has ever reported. CalPERS...
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch