Wednesday, February 11, 2009

A Proposal to Bolster Banks With Pension Funds

http://dealbook.blogs.nytimes.com/2009/02/10/a-proposal-to-shore-up-banks-with-pension-funds/?scp=1&sq=pension%20plan%20investment%20banks&st=cse

So let me get this striaght, we will take money from a underfunded fund and use it to buy worthless assets. Right. I am sure this will work out well.

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