Democracy Matters :verified:<p>Hey California Public Employees' Retirement System (CalPERS)!</p><p>Please DIVEST FROM TESLA NOW! California workers do not want to support a Nazi!</p><p><a href="https://mstdn.social/tags/CalPERS" class="mention hashtag" rel="tag">#<span>CalPERS</span></a> <a href="https://mstdn.social/tags/BankruptTesla" class="mention hashtag" rel="tag">#<span>BankruptTesla</span></a> <a href="https://mstdn.social/tags/CancelStarlink" class="mention hashtag" rel="tag">#<span>CancelStarlink</span></a> <a href="https://mstdn.social/tags/BoycottSpaceX" class="mention hashtag" rel="tag">#<span>BoycottSpaceX</span></a> <a href="https://mstdn.social/tags/TeslaTakedown" class="mention hashtag" rel="tag">#<span>TeslaTakedown</span></a> <a href="https://mstdn.social/tags/ArrestElonMusk" class="mention hashtag" rel="tag">#<span>ArrestElonMusk</span></a> <a href="https://mstdn.social/tags/ElonMusk" class="mention hashtag" rel="tag">#<span>ElonMusk</span></a> <a href="https://mstdn.social/tags/DOGE" class="mention hashtag" rel="tag">#<span>DOGE</span></a> <a href="https://mstdn.social/tags/Swastikars" class="mention hashtag" rel="tag">#<span>Swastikars</span></a> <a href="https://mstdn.social/tags/NaziMusk" class="mention hashtag" rel="tag">#<span>NaziMusk</span></a> <a href="https://mstdn.social/tags/PresidentMusk" class="mention hashtag" rel="tag">#<span>PresidentMusk</span></a> <a href="https://mstdn.social/tags/FuckElonMusk" class="mention hashtag" rel="tag">#<span>FuckElonMusk</span></a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="tag">#<span>USPol</span></a></p>
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#CalPERS
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Edward Hasbrouck<p>Call for TSLA divestment makes news at <a href="https://urbanists.social/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a> board meeting:</p><p><a href="https://www.bloomberg.com/news/articles/2025-03-12/trump-s-trade-war-seen-as-a-big-risk-for-350-billion-calstrs" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bloomberg.com/news/articles/20</span><span class="invisible">25-03-12/trump-s-trade-war-seen-as-a-big-risk-for-350-billion-calstrs</span></a></p><p>Keep up the SELL TSLA momentum at <a href="https://urbanists.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> meeting, Mon. 3/17, 8:45 am, 400 Q St., Sac'to (comment in person or phone 800-259-4105):</p><p><a href="https://www.calpers.ca.gov/documents/202503-board-notice/download?inline" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">calpers.ca.gov/documents/20250</span><span class="invisible">3-board-notice/download?inline</span></a></p><p>CalPERS board livestream:<br><a href="https://www.calpers.ca.gov/about/board/board-meetings" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">calpers.ca.gov/about/board/boa</span><span class="invisible">rd-meetings</span></a></p><p><a href="https://urbanists.social/tags/TeslaTakedown" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TeslaTakedown</span></a> comments to CalSTRS:<br><a href="https://www.youtube.com/watch?v=tEu_OKGZNJw&t=2875s" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=tEu_OKGZNJ</span><span class="invisible">w&t=2875s</span></a></p><p><span class="h-card" translate="no"><a href="https://a.gup.pe/u/teslatakedown" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>teslatakedown</span></a></span></p>
Edward Hasbrouck<p>We got custom shirts made today to wear to the CalSTRS board meeting in Sacramento, in case they don't let our signs into the meeting room.</p><p>CalSTRS board meets 3/12-3/13:<br><a href="https://www.calstrs.com/files/4685dbffe/z00-Call+Letter+-+Single+Teleconference+-+FINAL.pdf" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">calstrs.com/files/4685dbffe/z0</span><span class="invisible">0-Call+Letter+-+Single+Teleconference+-+FINAL.pdf</span></a></p><p>CalPERS board meets 3/19-3/21:<br><a href="https://www.calpers.ca.gov/documents/202503-board-notice/download?inline" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">calpers.ca.gov/documents/20250</span><span class="invisible">3-board-notice/download?inline</span></a></p><p>See you in Sacramento (or phoning in public comment)!</p><p><a href="https://urbanists.social/tags/TeslaTakedown" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TeslaTakedown</span></a> <a href="https://urbanists.social/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a> <a href="https://urbanists.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> <span class="h-card" translate="no"><a href="https://a.gup.pe/u/teslatakedown" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>teslatakedown</span></a></span></p>
⚯ Michel de Cryptadamus ⚯<p>tfw <a href="https://universeodon.com/tags/SteveBannon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SteveBannon</span></a> keeps making great points:</p><p>> "Remember, <a href="https://universeodon.com/tags/Zuckerberg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Zuckerberg</span></a> and all these guys came out of graduate schools [and] they didn't have any money. The people that invest - it's all pension fund money. So it's Oregon State Pension Fund, it's <a href="https://universeodon.com/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a>, it's Alabama Teachers Fund. All of their money: this is the Greek tragedy part of this. The American working class and middle class have essentially, through their hard work and savings, paid for their own destruction. Your greatest strength was turned against you. Your ability to be a good householder, your ability to actually have something, your ability to pay your taxes on a regular basis and have a little something put away, that's what the venture capitalists and the hedge funds use to ship the jobs overseas and destroy, not only your own economics and your personal life but to make sure that your children and grandchildren essentially live like serfs"<br><a href="https://open.spotify.com/episode/6fpoT7EWVzejpSlBgRHioq" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">open.spotify.com/episode/6fpoT</span><span class="invisible">7EWVzejpSlBgRHioq</span></a></p><p><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/broligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>broligarchs</span></a> <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a></p>
Nafnlaus 🇮🇸 🇺🇦<p>Further work on my <a href="https://fosstodon.org/tags/Tesla" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tesla</span></a> voting spreadsheet to find how extreme the votes would need to break for <a href="https://fosstodon.org/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> to get or not get the new compensation package. The numbers look a lot worse for Musk now</p><p>A breakdown.</p><p>1) Known entities, such as Leo Koguan, <a href="https://fosstodon.org/tags/ARK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ARK</span></a>, <a href="https://fosstodon.org/tags/CALPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CALPERS</span></a>, & the protest letter senders are in.</p><p>2) <a href="https://fosstodon.org/tags/Vanguard" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Vanguard</span></a> voted AGAINST in 2018. I can't imagine that they'd vote FOR now. Not as sure how their mutual funds will vote, or what %.</p><p><a href="https://fosstodon.org/tags/stock" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stock</span></a> <a href="https://fosstodon.org/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>investment</span></a> <a href="https://fosstodon.org/tags/Business" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Business</span></a> <a href="https://fosstodon.org/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markets</span></a> <a href="https://fosstodon.org/tags/stockmarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stockmarket</span></a> <a href="https://fosstodon.org/tags/ESG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ESG</span></a> <a href="https://fosstodon.org/tags/elon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elon</span></a></p>
Kevin Severud :donor:<p>Both the Board and the CEO of Tesla should be dismissed.<br>In any case, I support this decision by <a href="https://infosec.exchange/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a>. <br>It sure would be nice to have a voice in all places where I have equity investment in Tesla to say "No!" to the CEO's demand for exorbitant, unjustified compensation.<br><a href="https://www.msn.com/en-us/money/companies/tesla-s-56-billion-pay-package-for-elon-musk-opposed-by-calpers-ceo/ar-BB1ngSyj" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">msn.com/en-us/money/companies/</span><span class="invisible">tesla-s-56-billion-pay-package-for-elon-musk-opposed-by-calpers-ceo/ar-BB1ngSyj</span></a></p>
CelloMom On Cars<p>"<a href="https://mastodon.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a>, the biggest public pension plan in the United States, said on Monday it would vote against all <a href="https://mastodon.social/tags/Exxon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Exxon</span></a> Mobil (XOM.N) board members at its upcoming annual meeting on May 29, citing the oil major's legal action against activist investors."</p><p><a href="https://www.reuters.com/business/calpers-vote-against-exxon-board-members-2024-05-20/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/business/calpers-v</span><span class="invisible">ote-against-exxon-board-members-2024-05-20/</span></a></p>
LilMikeSF<p>California <a href="https://c.im/tags/PublicEmployee" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PublicEmployee</span></a> <a href="https://c.im/tags/pension" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pension</span></a> fund <a href="https://c.im/tags/Calpers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Calpers</span></a> investment in <a href="https://c.im/tags/ExxonMobil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ExxonMobil</span></a> called into question after oil company legal battles vs activist <a href="https://c.im/tags/shareholders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shareholders</span></a> who hoped to urge corp away from <a href="https://c.im/tags/FossilFuels" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FossilFuels</span></a> & <a href="https://c.im/tags/GreenhouseGas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GreenhouseGas</span></a> emissions. </p><p>The govt worker retirement plan owns a billion dollars worth of stock in the <a href="https://c.im/tags/OilCompany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OilCompany</span></a>, which is only 0.2% of equity, yet <a href="https://c.im/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>California</span></a> treasurer <a href="https://c.im/tags/FionaMa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FionaMa</span></a> said. “As the largest public <a href="https://c.im/tags/PensionFund" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PensionFund</span></a> in the country, we have a responsibility to lead on issues that threaten to undermine shareowners.”</p><p><a href="https://www.ft.com/content/4c33cdcf-3914-4dea-829b-cdb6e5c223cd" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">ft.com/content/4c33cdcf-3914-4</span><span class="invisible">dea-829b-cdb6e5c223cd</span></a> <a href="https://c.im/tags/FInancialTimes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FInancialTimes</span></a> <a href="https://c.im/tags/PaywallFree" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PaywallFree</span></a> <a href="https://c.im/tags/GiftLink" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GiftLink</span></a> <a href="https://c.im/tags/Energy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Energy</span></a> <a href="https://c.im/tags/Investing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Investing</span></a> <a href="https://c.im/tags/ESG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ESG</span></a></p>
Digital Human ✔<p>Onthulling: calpers overweegt stem tegen herverkiezing ceo exxon wegens klimaatzorgen <a href="https://www.trendingtech.news/trending-news/2024/05/10996/onthulling-calpers-overweegt-stem-tegen-herverkiezing-ceo-exxon-wegens-klimaatzorgen" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">trendingtech.news/trending-new</span><span class="invisible">s/2024/05/10996/onthulling-calpers-overweegt-stem-tegen-herverkiezing-ceo-exxon-wegens-klimaatzorgen</span></a> <a href="https://mastodon.social/tags/Calpers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Calpers</span></a> Exxon CEO <a href="https://mastodon.social/tags/Aandeelhoudersonvrede" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Aandeelhoudersonvrede</span></a> Exxon <a href="https://mastodon.social/tags/Klimaatdoelstellingen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Klimaatdoelstellingen</span></a> oliegiganten <a href="https://mastodon.social/tags/Rechtszaak" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Rechtszaak</span></a> activistische investeerders <a href="https://mastodon.social/tags/Pensioenfonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Pensioenfonds</span></a> stemt tegen CEO <a href="https://mastodon.social/tags/Trending" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trending</span></a> <a href="https://mastodon.social/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://mastodon.social/tags/Nieuws" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Nieuws</span></a></p>
Josh Davis<p>Any <a href="https://social.coop/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>California</span></a> public employees out there? You'll want to be paying attention to this, as <a href="https://social.coop/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> is trying to hand your retirement savings over to Private Equity (even more than they have already).</p><p><a href="https://www.nakedcapitalism.com/2024/03/financial-times-tells-calpers-not-to-go-further-into-the-private-equity-haunted-house.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nakedcapitalism.com/2024/03/fi</span><span class="invisible">nancial-times-tells-calpers-not-to-go-further-into-the-private-equity-haunted-house.html</span></a></p>
CelloMom On Cars<p>"<a href="https://mastodon.social/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>California</span></a>'s top public pension fund on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for the <a href="https://mastodon.social/tags/EnergyTransition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnergyTransition</span></a>.</p><p>Staff for the California Public Employees' Retirement System (<a href="https://mastodon.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a>) said the plan will boost returns for the $444 billion system, the largest in the <a href="https://mastodon.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a>, plus cut in half its portfolio's "emissions intensity"."</p><p><a href="https://www.reuters.com/sustainability/sustainable-finance-reporting/calpers-double-climate-investments-consider-asset-sales-2023-11-03/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/sustainability/sus</span><span class="invisible">tainable-finance-reporting/calpers-double-climate-investments-consider-asset-sales-2023-11-03/</span></a></p>
Lucomo<p>"California Pension Funds Have Billions Invested in Fossil Fuel Companies Named in State’s Lawsuit"</p><p><a href="https://www.desmog.com/2023/10/12/california-pension-funds-divest-legislation-newsome-fossil-fuel/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">desmog.com/2023/10/12/californ</span><span class="invisible">ia-pension-funds-divest-legislation-newsome-fossil-fuel/</span></a></p><p><a href="https://social.anoxinon.de/tags/FossilFinance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FossilFinance</span></a> <a href="https://social.anoxinon.de/tags/PensionFunds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PensionFunds</span></a> <a href="https://social.anoxinon.de/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>California</span></a> <a href="https://social.anoxinon.de/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a> <a href="https://social.anoxinon.de/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a></p>
Cory Doctorow<p>Public service union pensions have invested $650 million with PE funds. In 2001, the share of public union pensions invested in PE was 3.5%; today, it's 13%:</p><p><a href="https://docs.google.com/spreadsheets/d/1B0vv26VEFmwtfw5ur6dSDMY8NftvZKij/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">docs.google.com/spreadsheets/d</span><span class="invisible">/1B0vv26VEFmwtfw5ur6dSDMY8NftvZKij/</span></a></p><p>Giant public union funds like <a href="https://mamot.fr/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> are planning massive increases in their contributions to PE:</p><p><a href="https://www.calpers.ca.gov/page/newsroom/calpers-news/2023/calpers-preliminary-investment-return-fiscal-year-2022-23" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">calpers.ca.gov/page/newsroom/c</span><span class="invisible">alpers-news/2023/calpers-preliminary-investment-return-fiscal-year-2022-23</span></a></p><p>This results in some ghastly and ironic situations. </p><p>8/</p>
CelloMom On Cars<p>It remains tough to get institutions to <a href="https://mastodon.social/tags/divest" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>divest</span></a>: </p><p>"SB 252 would require the <a href="https://mastodon.social/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>California</span></a> Public Employees’ Retirement System (<a href="https://mastodon.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a>) and the State Teachers’ Retirement System (<a href="https://mastodon.social/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a>) to sell their remaining <a href="https://mastodon.social/tags/FossilFuel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FossilFuel</span></a> investments by the 2030s.</p><p>For the second time in two years, the bill was blocked by a single legislator heading the Assembly’s Committee on Public Employment and Retirement. It will be up for reconsideration next year."</p><p><a href="https://capitalandmain.com/one-person-stopped-californias-divestment-from-fossil-fuels-again" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">capitalandmain.com/one-person-</span><span class="invisible">stopped-californias-divestment-from-fossil-fuels-again</span></a></p>
Victoria Stuart 🇨🇦 🏳️⚧️<p>1 Person (Tina McKinnor) Stopped California’s Divestment f. Fossil Fuels<br><a href="https://capitalandmain.com/one-person-stopped-californias-divestment-from-fossil-fuels-again" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">capitalandmain.com/one-person-</span><span class="invisible">stopped-californias-divestment-from-fossil-fuels-again</span></a></p><p>* SB 252: <a href="https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202320240SB252" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">leginfo.legislature.ca.gov/fac</span><span class="invisible">es/billTextClient.xhtml?bill_id=202320240SB252</span></a><br>* divestment bill re: California public pension, teacher retirement funds<br>* $14.8 billion invested in 200 largest oil, gas & coal companies</p><p>Tina McKinnor (D-CA): <a href="https://en.wikipedia.org/wiki/Tina_McKinnor" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.wikipedia.org/wiki/Tina_McK</span><span class="invisible">innor</span></a><br>* member of the California State Assembly</p><p><a href="https://mastodon.social/tags/TinaMcKinnor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TinaMcKinnor</span></a> <a href="https://mastodon.social/tags/FossilFuels" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FossilFuels</span></a> <a href="https://mastodon.social/tags/California" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>California</span></a> <a href="https://mastodon.social/tags/SB252" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SB252</span></a> <a href="https://mastodon.social/tags/divestment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>divestment</span></a> <a href="https://mastodon.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> <a href="https://mastodon.social/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a> <a href="https://mastodon.social/tags/neoliberalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>neoliberalism</span></a> <a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a> <a href="https://mastodon.social/tags/ClimateChange" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateChange</span></a> <a href="https://mastodon.social/tags/PensionFunds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PensionFunds</span></a></p>
gtbarry<p>New York Life data exposed in third-party breach</p><p><a href="https://mastodon.social/tags/NewYorkLife" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NewYorkLife</span></a> Insurance Company, was exposed to the MOVEit Transfer attacks via third-party vendor Pension Benefit Information.</p><p>Prudential Insurance, California Public Employees’ Retirement System and several others were also exposed via the MOVEit Transfer service that PBI used.</p><p><a href="https://mastodon.social/tags/NYLIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYLIC</span></a> <a href="https://mastodon.social/tags/PBI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PBI</span></a> <a href="https://mastodon.social/tags/Prudential" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Prudential</span></a> <a href="https://mastodon.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> <a href="https://mastodon.social/tags/MOVEit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MOVEit</span></a> <a href="https://mastodon.social/tags/progresssoftware" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>progresssoftware</span></a> <a href="https://mastodon.social/tags/ransomware" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ransomware</span></a> <a href="https://mastodon.social/tags/malware" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>malware</span></a> <a href="https://mastodon.social/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>security</span></a> <a href="https://mastodon.social/tags/cybersecurity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cybersecurity</span></a> <a href="https://mastodon.social/tags/infosec" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>infosec</span></a> <a href="https://mastodon.social/tags/hackers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hackers</span></a> <a href="https://mastodon.social/tags/hacking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hacking</span></a> <a href="https://mastodon.social/tags/hacked" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>hacked</span></a></p><p><a href="https://cybernews.com/news/new-york-life-insurance-company-data-breach/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">cybernews.com/news/new-york-li</span><span class="invisible">fe-insurance-company-data-breach/</span></a></p>
Gladwyn d’Souza<p>Editorial: Change only comes with mandates and force <a href="https://www.latimes.com/opinion/story/2023-07-21/editorial-its-not-enough-to-be-frenemies-with-fossil-fuel-companies-we-have-to-kick-them-to-the-curb" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">latimes.com/opinion/story/2023</span><span class="invisible">-07-21/editorial-its-not-enough-to-be-frenemies-with-fossil-fuel-companies-we-have-to-kick-them-to-the-curb</span></a> </p><p>pass legislation to <a href="https://sfba.social/tags/divest" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>divest</span></a> California’s two big <a href="https://sfba.social/tags/pensionfunds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>pensionfunds</span></a>, <a href="https://sfba.social/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> and <a href="https://sfba.social/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a>, from <a href="https://sfba.social/tags/fossilfuel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fossilfuel</span></a> <a href="https://sfba.social/tags/companies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>companies</span></a>.<br>Remaining frenemies with fossil fuel companies in the naive hope they will see the light on <a href="https://sfba.social/tags/climatechange" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>climatechange</span></a> is a losing proposition for <a href="https://sfba.social/tags/humanity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>humanity</span></a>.</p><p><a href="https://sfba.social/tags/systemicreform" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>systemicreform</span></a> <a href="https://sfba.social/tags/keepitintheground" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>keepitintheground</span></a></p>
Brett Callow<p>Retirees Sue <a href="https://infosec.exchange/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> Contractors Over Data Theft in <a href="https://infosec.exchange/tags/MOVEit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MOVEit</span></a> Hack. </p><p><a href="https://news.bloomberglaw.com/ip-law/retirees-sue-calpers-contractors-over-data-theft-in-moveit-hack" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.bloomberglaw.com/ip-law/r</span><span class="invisible">etirees-sue-calpers-contractors-over-data-theft-in-moveit-hack</span></a></p>
Brett Callow<p><a href="https://infosec.exchange/tags/Cl0p" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Cl0p</span></a> said hundreds were impacted; <a href="https://infosec.exchange/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> said thousands. <a href="https://infosec.exchange/tags/MOVEit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MOVEit</span></a></p><p><a href="https://www.calpers.ca.gov/page/home/pbi" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="">calpers.ca.gov/page/home/pbi</span><span class="invisible"></span></a></p>
Brett Callow<p>Tennessee Consolidated Retirement System was impacted by <a href="https://infosec.exchange/tags/MOVEit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MOVEit</span></a> with the breach impacting 171,836 retirees and/or their beneficiaries.</p><p>Like <a href="https://infosec.exchange/tags/CalPERS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalPERS</span></a> and <a href="https://infosec.exchange/tags/CalSTRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CalSTRS</span></a>, <a href="https://infosec.exchange/tags/TCRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TCRS</span></a> was breached via service provider <a href="https://infosec.exchange/tags/PBI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PBI</span></a> which works with multiple other pension plans. How many, if any, more were impacted is not yet clear. </p><p>There are now 141 known MOVEit victims, with the related breaches impacting the info of 15,659,731 people. Note that this number is based only on the disclosures of the 10 orgs which have actually confirmed the number of people affected.</p><p><a href="https://treasury.tn.gov/Portals/0/Documents/Retirement/PBIIncidentFAQ.pdf" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://</span><span class="ellipsis">treasury.tn.gov/Portals/0/Docu</span><span class="invisible">ments/Retirement/PBIIncidentFAQ.pdf</span></a></p>
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