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    1. Leadership

    Financial Realities Come Crashing Down on San Diego Pension Fund

    Dec. 23, 2002
    Troubled financial markets and city fiscal policy have taken a huge bite out of San Diego's $2.3 billion public-employee retirement system. Ron Saathoff, president of the city's firefighters union and a retirement board member, placed much of the blame for the system's volatility on Wall Street.

    Source San Diego Union Tribune

    Troubled financial markets and city fiscal policy have taken a huge bite out of San Diego's $2.3 billion public-employee retirement system. Ron Saathoff, president of the city's firefighters union and a retirement board member, placed much of the blame for the system's volatility on Wall Street.

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