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For the record - Dec. 10, 2009

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CalPERS investments: An article in Business on Wednesday about real estate investments by the California Public Employees’ Retirement System said the value of those investments dropped 30% in the quarter ending Sept. 30. The losses occurred in the previous quarter, which ended June 30. The article also said that an investment in the Stuyvesant Town-Peter Cooper Village apartment complex in New York was threatened by a collapse of the residential property market and by the prospect of bankruptcy by CalPERS’ partners in the venture, Blackrock Inc. and Tishman Speyer Properties. Blackrock Inc. and Tishman Speyer Properties are not facing bankruptcy.

Michael Jackson: An article about a new Michael Jackson coffee table book in Wednesday’s Calendar section stated that the performer won five American Music Awards last month, including artist of the year. Jackson won four AMAs, and Taylor Swift won artist of the year.

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