"The report, released Monday after a 17-month review, accused former CalPERS Chief Executive Federico Buenrostro Jr. of pressuring subordinates to invest billions of dollars of pension money with politically connected firms.
It alleged that Buenrostro, who served for six years through mid-2008, falsified 11 documents to make it appear as if the CalPERS board was aware of investment details that had not in fact been disclosed to the board."
CalPERS to seek legislation to bar gifts to public employees
latimes.com:
