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Ex-CalPERS CEO, board member charged with fraud

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SAN FRANCISCO (AP) -- Federal officials have charged the former head of the nation's largest pension fund and one of his business associates in an influence peddling and bribery case. A federal grand jury on Monday indicted Fred Buenrostro, the former CEO of the California Public Employees' Retirement System, and former CalPERS board member Alfred Villalobos with conspiring to commit fraud,...