Buenos Aires Is Defaulting on $7.1 Billion in Debt. Who Cares?
Bondholders filed suit against Argentina's Buenos Aires province. Among them was the San Bernardino County Employees’ Retirement Association.
County Pension System Takes $272 Million Hit
Article from San Bernardino County Sentinel regarding the shocking news that in the last year, SBCERA suffered a $272.43 million loss on its investments.