How do you guys feel about Wall Street controlling your pensions?
Posted: under Pensions.
Tags: Buyouts, Hedge Fund, Pensions, Regulators, Wall Street
Your bank belong to us asked:
“The folks who brought you the mortgage mess and the ensuing hedge fund blowups, busted buyouts, and credit market gridlock have another bold idea: buying up and running troubled corporate pension plans. And despite the subprime fiasco, some regulators may soon embrace Wall Street’s latest scheme.”
“The folks who brought you the mortgage mess and the ensuing hedge fund blowups, busted buyouts, and credit market gridlock have another bold idea: buying up and running troubled corporate pension plans. And despite the subprime fiasco, some regulators may soon embrace Wall Street’s latest scheme.”
I’m gonna choke my senators if this shit goes through…
http://www.businessweek.com/print/magazine/content/08_33/b4096000769608.htm
Anna
Comments (7)
Oct 07 2008