A worrisome piece from Bloomberg on a seldom talked about casualty of the financial meltdown: the hundreds of public pension funds that invested heavily in mortgage-backed securities.
Better get a bigger bucket, the bailout’s about to become a whole lot more expensive…
Wednesday, March 4, 2009
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So that pension for life at the end of 20 years of unselfish devotion to a governMINT job may be in jeopardy?
Quick, the economy is in meltdown, call in the community activists!
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