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View Kay McDonald's Comments
Perilous Practices of Public Pension Funds
I read this WSJ article and have been watching this story unfold with amazement myself. So far all we see covered in MSM is the shortfalls in public and other large pensions with an assumption that the gaps need to be filled. By whom? By the other people who's pensions have contracted, of course. Talk about the media's use of the meme "populism"! This is only in its beginning stages. Wait until the next leg down in the market.
Jan 29, 2010. 10:04 AM
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