– Congress May Let Hedge Funds Manage More Pension Money

28 07 2006 – Congress May Let Hedge Funds Manage More Pension Money

This article was bought to my attention by a person who shall remain anonymous. He had this to say about the article.

This provision is truly unacceptable. These guys are going to really put risk into the pension system by allowing bets to replace investments.

[This is an excerpt from the WSJ article on the article]

“Though some large state pension funds are sophisticated institutional
investors, several have stumbled in recent years. In Ohio, for instance, a
state Bureau of Workers’ Compensation pension fund lost millions by investing
in rare coins, some of which were stolen. Investigators are pursuing
allegations that state pension-fund managers took bribes from investment
brokers. Several Ohio officials have pleaded guilty to improperly receiving
gifts or giving preferential treatment to funds that offered goodies.”

Hypocrisy is rampant among the Right Wing Business thieves. That’s why I love Larry Flint for posting a reward for any dirt on any government official (to the tune of 1million dollars). Flint beat those bastards at their own game. Sure he’s a pornographer, but I like pornography, I see nothing wrong with it. I love HUSTLER, its a great magazine as well as porn with interesting articles and funny cartoons. We need more people with alot of cash in their pockets to beat these government thieves. The trouble is that most liberals don’t have the heart to step on people on their way to financial success. That’s because most liberals, note I said most, are nice people.

All I can say is CALLING LARRY FLINT: PLEASE HELP!!!!!!!!!!!
I wonder if he has some sort of batman like symbol that I could shine on the night sky.



One response

15 06 2012

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