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Cash-strapped U.S. pension funds ditch stocks for alternatives
As if many pension funds weren't in enough trouble already I see a lot of problem potential with going down this road. So much for safe, secure retirement funds.
On the bright side the rich money managers at financial firms will get richer, pay less in taxes and life will be good there. Capitalism at it's finest.
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On the bright side the rich money managers at financial firms will get richer, pay less in taxes and life will be good there. Capitalism at it's finest.