On the other side of the ledger, these investment managers are probably soliciting to manage their employee retirement funds as well as corporate pension assets of many companies whose shares they may vote.

FORBES: Shareholders, Shake Off Your Apathy And Vote To Stop Tom Ward And Michael Dell

Does that sound radical? 401(k) plans are founded upon the fundamentally flawed notion that employers should be trusted to oversee employee retirement funds, yet should not be held responsible, except in extreme cases, for the results of their trusteeship.

FORBES: An End to 401(k)s (February 1, 2002)

The Joint Legislative Audit Committee hearing suggests that the State of California and its public employee retirement funds may play a critical role in fashioning a template for a truly national effort to introduce new national security- and human rights-minded "due diligence" into debt and equity purchasing decisions.

CENTERFORSECURITYPOLICY: Center For Security Policy