cgm205

Good Point, Merkel, But Rating Agencies Are Still to Blame

I might be misunderstanding you but,

your P.S. " Insurers and pension funds seem to have no problems putting together prudently built equity portfolios made up of stocks..."
seems to be in conflict with your article.

If the ins and pen funds could put together a good equity portfolio, why the likes of AIG needing such a big bailout?