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« Popular and Critical Acclaim | Main | The Most Important Stat: Bloggers versus Experts »

June 09, 2009

Comments

Penny Stocks

This blog will give inspiration for better business. It awesome as well. Thanks

Mike C

"Speaking of wrong... pension fund managers buying Chysler's PE purchase debt? They should be fired."

Why? Because they didn't have the clairvoyance to know that the value they would receive after a reorganization would be subject to an Administration payback to one of their voting blocks (labor union).

Maybe the risk-return was compelling at purchase without the crystal ball knowledge of political expropriation.

Maybe pension funds shouldn't buy any "risky" debt or equities period, but only "risk-free" U.S. Treasuries yielding 3-4%. But if we go down that road, then funding and taxes must go way up to make up the difference in lost return.

The partisan attention grabbers at the Indiana pension funds have done a disservice to their pensioners.

Huh (head spinning)? How is it a disservice to try and protect the value of the original investment made? Would a better "service" be to just say f it, hey thats OK, will just take ZERO for our bonds and you go ahead and redistribute whatever value to other parties. Cmon now, get real.

VennData

Mr. Merkel recently stated that the Chrysler bond holders "had a case." He was wrong.

The partisan attention grabbers at the Indiana pension funds have done a disservice to their pensioners. They were wrong too. We should have proxies on public funds - voted upon by the pensioners - to stop this sort of gross abuse of fiduciary responsibility.

Speaking of wrong... pension fund managers buying Chysler's PE purchase debt? They should be fired.

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