U.S. states discharge a heavy responsibility to invest on behalf of millions of public employees. We believe it is inevitable that at some point the U.S. will join the other G8 countries and introduce limitations on the emissions of greenhouse gases. That is why we are leading investor collaboration to gather the data on corporate greenhouse gas emissions required to undertake prudent investment management. And that is why CalPERS, CalSTRS and the California Treasury are participants in the Carbon Disclosure Project. We encourage fund managers interested in our business to follow suit. |
We do understand that students may not get into the class they want or that they are the children of parents that have five or six kids, and [therefore] can't finish in two years. That's fine; we give them six years to meet any one of those conditions but whoever takes these loans out needs to take responsibility. |
We got this problem fixed. We got the data files. We went after these people. |
We need to start acting like a country, ... It's up to us to lead the world. |
We want to catch this scam before it gets out of hand, ... We think it will cost the state tens of millions of dollars if this continues. |
You just need to make sure you don't go too far, ... Be careful, keep a cool head. |