California Raiding the 401(k)?
Talk about raiding your 401(k)! This doesn’t sound like a good idea. (Calpers is the California Public Employee’s Retirement Systems, the nation’s largest pension fund)
Schwarzenegger in Talks to Borrow From Calpershttp://online.wsj.comCalifornia finance officials are looking into whether the strapped state can borrow $2 billion from the California Public Employees’ Retirement System, the nation’s largest pension fund.
