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Author: chk999 Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 49803  
Subject: Re: Opposition to Iger Date: 2/15/2013 3:50 PM
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By any rational accounting, CalSTRS is insolvent. On an actuarial basis, their liabilities greatly exceed their assets and the taxpayers of California are on the hook for the difference, which is really a lot of money.

If they told me the sun was going to rise tomorrow, I'd check.
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