By Heather Gillers, front-page WSJ snippet reads “The board of Calpers, the nation’s largest pension fund, voted to use borrowed money and alternative assets to meet its investment-return target.” Article includes “The move by the $495 billion California Public Employees’ Retirement System reflects the dimming prospects for safe publicly traded investments … and sets a tone for increased risk-taking by pension funds around the country.” Online article is sub-headlined “US pensions are hundreds of billions short of what they expect to need to pay public worker retirement benefits.”