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State's giant pension funds post big losses

Jul. 21, 2009
Think your portfolio has taken a beating? The California Public Employees' Retirement System has reported that its giant investment fund lost $56.2 billion in the 12 months that ended June 30, ending the fiscal year with $180.9 billion in assets. The fund...
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Youngsters compete in Scripps National Spelling Bee
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Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler