Comment

Former Bain Executive Said Romney Was Directly Responsible for Ampad Layoffs

77
goddamnedfrank5/21/2012 3:22:37 pm PDT

re: #66 Obdicut

One of the largest problems we have in the financial market is that pension funds are allowed to be risked like that.

I understand that in the real world pension funds have to be invested and that there’s a nominal risk associated with that. What I don’t understand is how they can be allowed to serve two masters at the same time, and how something that’s insured by the State can be leveraged for the antithesis of an investment - debt.