Unpolitically Correct
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Please Tell Me This Is Fake News

A former senior Chinese government employee and member of the Chinese Communist Party was just appointed as the Chief Investment Officer of the California Public Employees Pension fund managing $400 Billion of the funds investments. Since he took over a mere 6 weeks ago he has apparently started directing huge tranches of CalPers funds into investments in China. And now he’s lying to the California Legislature about what he’s doing, with his boss – who personally brought him on board for god-knows what reasons in the middle of the Wuhan Virus pandemic – sitting smugly at his side and dodging questions about – why?

https://www.nakedcapitalism.com/2019/02/calpers-chief-investment-officer-ben-meng-lies-about-private-equity-to-state-senator-dr-richard-pan-at-joint-pension-committee-hearing.html