California attorney general sues State Street for pension "rip off"

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US - California attorney general Edmund Brown has sued State Street for US$200m for allegedly overcharging the nation's two largest pension funds for currency trades.

Brown said for the past eight years, State Street allegedly overcharged the California State Teachers' Retirement System and the California Public Employees Retirement System, eventually cheating t...

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Raquel Pichardo-Allison

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