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LABroadsheet_ 02-21-2014_ A_ 1_ A1_ WEST_ 1_C K Y M TSet: 02-20-2014 17:59



2014 WST


No easy fix for teacher pension shortfall

The state retirement fund has a $71-billion gap. Efforts to craft a remedy will be fraught with political peril.
By Chris Megerian

2 get prison in S.F. fans assault

Judge calls defendants complete cowards after they plead guilty to beating Bryan Stow at Dodger Stadium.
By Richard Winton and James Rainey
Sergey Dolzhenko European Pressphoto Agency

WEST SACRAMENTO When the glass-sheathed headquarters of the California teachers pension fund opened five years ago, it was supposed to help anchor developments along the blighted riverfront on the capitals outskirts. But as Jack Ehnes, the funds chief executive, looked out from a top-floor conference room on a recent afternoon, he could see patches of empty land where nothing had been built. Construction plans, he said, took a huge blow from the recession. The same could be said of the California State Teachers Retirement System, or CalSTRS, which Ehnes has run for more than a decade. Today, the pension fund is one of the biggest financial problems in a state with more than its share of money woes. Gov. Jerry Brown and legislative leaders are pledging to repair and replenish the $181.1-billion retirement system that is supposed to finance more than 800,000 retirements for public school teachers, administrators and community college instructors. Hearings on possible solutions began in the Capitol on Wednesday. The second-largest public pension fund in the country, after Californias primary pension system for public employees, it faces a $71-billion shortfall that worsens by $22 million every day, according to pension officials. Ehnes said stock market gains wont fix things, that [See Pension fund, A14]

ANTIGOVERNMENT ACTIVISTS mourn protesters killed in clashes with police in Kiev, Ukraine. At least

67 demonstrators were killed, 20 by sniper fire, in the deadliest day of the 3-month-old crisis.


Crackdown on protesters deepens crisis, sparks backlash
By Sergei L. Loiko KIEV, Ukraine He bent over the limp body and raised a corner of the bloody white sheet that covered it. Volodymyr Holodnyuk let out a dull moan and let the fabric drop. He then picked up a blue helmet that lay at the feet of the body, its insides gummy with blood, and ran his trembling fingers along the surface until he found what he was looking for: a hole left by a 7.62-millimeter bullet, the sort used by a Dragunov sniper rifle. The helmet, and the body, belonged to Holodnyuks son, Ustym, a 19-yearold engineering student who was among at least 67 protesters killed in central Kiev early Thursday, at least 20 of them brought down by snipers. One police officer also died. The bloodiest day in months of protests prompted a backlash among political leaders, with the parliament voting to pull police off the streets and the mayor of Kiev, who had been considered a powerful ally of President Viktor Yanukovich, announcing that he was quitting the ruling party in protest of the violence. Holodnyuk, a retired police officer from a town in western Ukraine, had arrived in Kiev early in the morning to meet his son and take him home. Ustym had spent about three months on the barricades as an activist in the opposition movement and needed some rest, his father said. They spoke by phone about 9 a.m. and arranged to meet at 1 1. [See Ukraine, A4]

Sergei L. Loiko Los Angeles Times

VOLODYMYR HOLODNYUK holds the helmet his

son, Ustym, a 19-year-old student, was wearing when he was shot in the head and killed by a sniper.

For Facebook, big price, big stakes

It hopes its startling WhatsApp buy can help it leapfrog its tech competitors in mobile messaging.
By Jessica Guynn have become takeover targets, commanding stratospheric valuations. Just last year Facebook offered $3 billion for Venice Beach messaging company Snapchat, but was rebuffed. WhatsApp, a tiny Mountain View, Calif., company with a startling growth rate and rising popularity around the globe that Facebook had pursued for years, was a far bigger prize. With 450 million users, [See Tech money, A16]

Los Angeles Times

BRUNO THE BEAR is a star attraction at the 1973 Bachelors Ball at the Beverly

Hilton. Attendees come in costume but dont know the events theme till it begins.

Revels without a cause

The Bachelors Ball, entering its 109th year, is an annual costumed gala unencumbered by any lofty purpose.
By James Rainey your friends drinks until 4 a.m., using a long straw secreted in your sea monster costume. If you experienced any or all of the above, you were likely a member or friend of The Bachelors, the exclusive and somewhat elusive organization of young Los Angeles gentlemen who have made merry in the pleasure of delightful company (as a society writer once said) since Teddy Roosevelt lived in the White House. The group and about 700 of its friends will go at it again Friday night and well into Saturday morning, 109 years after The Bachelors convened downtown to plan its first ball. They will don fancy dress (more on that later), pre-party with purpose, greet society patronesses until 10 p.m. and then plunge into the International Ballroom of the Beverly Hilton hotel to learn this years theme, which, like every year, remains a closely held secret. Most parties of such magnitude and durability would have business or charitable underpinnings. Not the Bachelors Ball. It exists because it can and because, despite Los [See Bachelors Ball, A12]

ou may have watched George Washington ride onto the floor of a packed hotel ballroom astride a white stallion. Or gaped as trapeze artists teetered high overhead in the big top. Or slurped from

SAN FRANCISCO The $19 billion that Facebook Inc. is paying for a smartphone app, one of the biggest tech deals of all time, made jaws drop even in Silicon Valley, where entrepreneurs tend to have an inflated sense of their own worth. Its 19 Instagrams, observed serial start-up entrepreneur Adam Rifkin, referring to the $1 billion Facebook paid for the popular photo-sharing app in 2012. But analysts say the purchase of WhatsApp could pay off for Facebook as it takes on Google Inc. and other technology giants in the escalating arms race to be the next big thing in mobile. Technology giants are fighting for their future as consumers switch their allegiances from personal computers to mobile devices. That trend is accelerating as smartphones proliferate around the world. By 2015, 5 billion people are expected to be carrying around the tiny computers in their pockets. As a result, nimble startups that have outpaced their grown-up rivals in building popular mobile services

At the home he shares with his parents, Bryan Stow does his best, but he struggles. Its hard to move his left arm and that hand will barely close. He must wear a diaper, needs help to take a shower and has to be reminded why a plastic shunt juts from the base of his skull. The members of Stows family who addressed a Los Angeles County Superior Court judge Thursday wondered if the two men who attacked the paramedic and father of two outside Dodger Stadium in 201 1 knew any of that, or if they cared. Marvin Norwood and Louie Sanchez, both of Rialto, pleaded guilty to the unprovoked attack that almost killed the San Francisco Giants fan nearly three years ago a crime that led to a temporary drop in Dodger attendance and provoked soul-searching about a sports rivalry gone terribly off base. Norwood, 33, was sentenced to four years in prison by Judge George G. Lomeli after admitting Thursday to assault causing great bodily injury. In exchange, an earlier mayhem charge was dropped. Sanchez, 31, pleaded guilty to one count of mayhem in exchange for eight years in prison. He could have received 1 1 years in prison if convicted of the original charges. The outcome offered little solace to Stows relatives, who have been caring for him daily since he came home after spending the first two years of his recovery in hospitals and a rehabilitation facility. To say you got off easy is an understatement, said Stows sister Erin Collins as she turned to face the duo at the defense table. Because of you both, Bryans life was nearly taken from him and will never be the same. That also goes for his children, our parents, my sister and I, all of our family and Bryans friends. Stow turned 45 on Feb.12, and his family marked the occasion with a post on the blog they maintain to keep his supporters apprised of his progress. When asked how old he is he claims 35, the post said. We still cant tell if hes joking or not. [See Stow, A15]

Barbara Walton EPA

Gold for the home team

Adelina Sotnikova celebrates after becoming Russias first womens Olympic singles figure skating champion on Thursday in Sochi. SECTION V Weather Partly sunny, warm. L.A. Basin: 80/55. AA6 Complete Index ...... AA2

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