Of interesting note. CALPERS (California Association of Public Employee's) a really big union, lost over one BILLION DOLLARS last year through suspicious hedge fund investments. They were not even allowed to analyze the investments before they made them. NOW GUESS WHO PICKS UP THE TAB FOR THE LOSSES? The Union-----NO SIR, the tax payers of California are obligated, by law, to make up any shortfalls in CALPERS losses. Just another poke in the eye from Big Labor.