And, accordingly, has voted against all 18 of Bank of Amerrilwide's Directors and Ken "Strawberry Hill" Lewis.
Suck it Kenny.
Update: Reuters has it now: CalPERS opposes entire Bank of America board
CalPERS said it opposes the directors "for their role in allowing billions of dollars in bonuses to be paid to Merrill Lynch employees and for their role in failing to disclose to shareholders the true financial condition of Merrill Lynch prior to the consummation of the merger."
Granted, they only own one third of one percent, but still.