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Reply #87: the problem is that if a lot of corporate pension funds have this cr*p in their [View All]

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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-13-08 10:19 AM
Response to Reply #63
87. the problem is that if a lot of corporate pension funds have this cr*p in their
portfolios, I think corporations will freeze their pension plans, terminate them, and/or somehow manage to turn the plans over to the PBGC.

The state and municipal plans that have this stuff will have to find ways to increase funding -- less services, more taxes, etc.

Not good, not good.
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