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On "Jacob Calls For Investigation Of Sempra"

A time line of SDG&E acts and omissions leading to the guilty verdicts cited above: http://stickywebs.com/wiki/index.php?EncantoGasHo… When Sempra calls something "baseless", it usually means that despite the evidence, Sempra's Office of General Counsel found a legal way to avoid responsibility and/or guilt.
— December 8, 2010 midnight

Bankruptcy — Good for San Diego

RE John Kaheny's comments on alleged success of the SDCERS investments this year: Hard to say this isn't all hype by Kaheny... or maybe he has access to all those secret Wikileaks documents on SDCERS that aren't ordinarily allowed to see the light of day. Here's a link to the latest quarterly report found at the SDCERS website... dating from June 2009. Seems there's no such reporting for the last five quarters. Correct me if I'm wrong, but even SAP's infamous OneSD bookkeeping system isn't that far behind on churning out data. At least, not yet. https://www.sdcers.org/investments/Quarterly%20Re… Oh... and for anybody who's interested, SDCERS reported investment return for all of 2009 was -19.2% (that's NEGATIVE 19.2 percent, nearly a loss of a fifth), or -3.5% for the three-year period including 2006-07, well before the Crash of 2008 while DJIA was somewhere around 14000 (p. 2, SDCERS Comprehensive Annual Financial Report 2009). By that measure, SDCERS would have had made just about 25% to get out of the red, from 2009 to now. Not even Kaheny gives them that much credit. Current employees should be wondering where that SDCERS June 2010 annual report actually ended up... or maybe Wikileaks has the only copy.
— December 7, 2010 4:33 p.m.

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