He arrived in plain jail clothes, shackles around his ankles, the humbled former leader of America’s largest public pension fund ready to accept his punishment for taking bribes.
He left with a prison term of 4 1/2 years.
Fred Buenrostro, the former chief executive of CalPERS, was sentenced Tuesday by a federal judge who called his actions “a spectacular breach of trust.”
via Former CalPERS chief sentenced to prison in bribery scandal | The Sacramento Bee
