CalPERS, CalSTRS pension funds post double-digit gains, still face funding shortfalls
CalPERS says it earned 12.5 percent on its investment portfolio in the latest fiscal year, well above its official forecast. - Sacramento Bee
California Is Facing More Woes in Prisons
Just six months after declaring "the prison crisis is over in California," Gov. Jerry Brown is facing dire predictions about the future of the state's prison system, one of the largest in the nation. - The New York Times
Thousands of Greeks Join Strike Against Public Sector Layoffs
Tens of thousands of Greek workers walked off the job on Tuesday and rallied in front of parliament in a noisy protest against government plans to fire public sector employees to satisfy foreign lenders. - Moneynews.com
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