Saturday, September 20, 2008

What, no numbers? Hey, it's only $13 BILLION of OUR money -- why should THEY worry?

Kathie Bracy to Laura Ecklar, September 20, 2008
Subject: Fwd: [News] September Board News Details Retirement Board Actions and Discussions
Laura --
This is an interesting report on the September 2008 STRS Board meeting, but I see absolutely no mention of the elephant in the Board Room: the $13 billion STRS has lost in the past 10-11 months! To me, this is the very basis for any information that should be going out to the membership right now, and I intend to do my best to get the word out. Nobody down there seems to be doing it. Why?
Kathie Bracy
Larry KehresMount Union Collge
Division III
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