|
Edited on Tue Oct-05-10 06:11 PM by MrMickeysMom
What a great explanation. Thank you, Max.
Why, why, why would ANYONE trust their pension fund, or employment benefits to be traded through anyone dealing with this kind of "trading"?
How do local and state pensions stay away from this kind of trading? What do you do??? Just ladder the money you're trying to hold safe to pay these benefits in CD's or put it in a high quality mutual fund or US treasury bills? Yeah, I guess if you can't trust the US to pay those off, then you're really up shit's creek without a paddle!
This is a true question from someone who's supposed to protect local funds that are set aside to pay employee benefits.
Edit: typo
|