CalPERS elections cost $3.1 million
Veteran reporter Ed Mendel reports today that last fall's CalPERS board election cost the fund $3.1 million, including a runoff between JJ Jelincic and Cathy Hackett that cost $1.1 million.
Punters are putting money on the coalition to win the September 14 federal election with their odds cut to $1.22 from $1.26 within hours of Prime Minister Julia Gillard announcing the date.