STRS assets no doubt peaked at more than $82 billion, not $80.1 billion.....

From Dennis Leone, April 29, 2009

Yes, it was $46.3 billion on 2-28-09………..and the peak was $80.1 billion on 10-31-07. (Had an official asset tabulation been taken 3 weeks earlier [which it wasn't], when the DOW topped 14,100, our total assets clearly would have been above $82 billion.)

And by the way, the number of employees at STRS peaked at 734 in 2003, when I said in my 13-page report that 135 needed to be cut. No official staff reduction plan was put in place. The reductions of the past 6 years have occurred through attrition, except for a dozen IT Dept employees who were laid off last year due to the new computer system at STRS.