Reply #194: Pelosi on Pensions

[IdesOfOctober]

"Any memo like this should be marked CONFIDENTIAL so as to avoid discovery. Destroy any record of this memo." -- State Street executive Nicholas A. Lopardo, in handwritten instructions to a former compliance officer at the Corporation. Mr. Lopardo was formerly (1) a Director of State Street Corporation; (2) Vice Chairman of State Street Corporation; (3) Chairman of State Street Global Advisors ("SSgA"), the asset management division of State Street Corporation; and (4) a Director of the Boston Stock Exchange.
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Why did Elaine Chao and Eugene Scalia tap State Street to become the special fiduciary to keep Kenny Boy Lay's use of the Enron pension plans as funny money hushed up?

Because - as the "destruction of evidence memo" shows, State Street's top execs will do what it takes to cover up evidence of wrongdoing.

http://www.google.com/search?hl=en&lr=&q=elaine+chao+eugene+scalia+%22state+street%22+enron

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That, plus the fact that Andy Card and the current CEO of State Street are old high school buddies, along with Ron Kaufman - the architect of Bush 41's Willie Horton ad campaign.

http://www.google.com/search?as_q=logue+card+holbrook+white+house+chief+of+staff+graduated+from+high+school&num=10&hl=en&btnG=Google+Search&as_epq=state+street&as_oq=&as_eq=&lr=&as_ft=i&as_filetype=&as_qdr=all&as_nlo=&as_nhi=&as_occt=any&as_dt=i&as_sitesearch=boston.com&as_rights=&safe=images

http://www.google.com/search?hl=en&lr=&as_qdr=all&q=ron+kaufman+card+sister

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To see if your company's pension plan does business and pays fees to this Bushiest of Banks:

http://www.freeerisa.com / (Look up your plan's Form 5500, and look at the schedule of fees paid to service providers)

Will Ms. Pelosi have time to investigate the pension fraud that Bush's Bankers have helped cover up?

State Street is one of the biggest sponsors of Social Security Privatization.

http://www.google.com/search?hl=en&lr=&as_qdr=all&q=shipman+carter+%22state+street%22+promises+to+keep+saving+social+security%27s+dream