• HOME :
  • NEWS :
  • WALL STREET VULTURES MAY HAVE WRECKED THE CENTRAL STATES PENSION FUND

Wall Street vultures may have wrecked the Central States Pension Fund

JULY 28, 2016 | by Bruce Vail | IN THESE TIMES

By Bruce Vail, includes "... "It's astonishing to now read about how Wall Street firms hired by Central States invested retirees' pension funds in Iraq in 2008, right in the middle of a full-scale war in Iraq. Or how they invested in unstable Russian banks, when the economy there is in shambles, or how they sunk $1.4 billion into risky Single A-rated mortgage-backed bonds in the middle of the housing meltdown. Something is simply wrong, and the GAO will get to the bottom of this," she said..."

VIEW LESS