Category Archives: Corporate governance

CalPERS Fiasco: Impermissible Non-Public Board Election Count; Failure of Widely Criticized Internet Voting to Deliver on Any Goals; Botched Tabulation

CalPERS refused to abandon its half-baked idea to push beneficiaries to vote by Internet ant phone. The scheme had not only failed to produce its alleged benefits, but it’s also again demonstrated CalPERS’ incompetence and deep commitment to cronyism.