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Calpers knew in 2003 about forex trading hits: report

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11-06-2009, 09:00 AM

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Calpers knew in 2003 about forex trading hits: report

(Reuters) - California Public Employees' Retirement System, knew it was paying uncompetitive rates on foreign-exchange trades as early as 2003, the Wall Street Journal said, citing a consultant who advised the largest U.S. public pension fund.

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