So it could buy on the dip?
“Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks…”
http://www.boston.com/news/nation/washington/articles/2009/03/30/pension_insurer_shifted_to_stocks/?page=1
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Tags: Boston, Cheap Car Insurance, Conservative Investment, Federal Retirement, Insurance, Insurance Fund, Insurer, Invest Stock, Investment Strategy, Market Collapse, Nation Washington, Retirement Funds, Stock Market, Stocks
Tags: Boston, Cheap Car Insurance, Conservative Investment, Federal Retirement, Insurance, Insurance Fund, Insurer, Invest Stock, Investment Strategy, Market Collapse, Nation Washington, Retirement Funds, Stock Market, Stocks
May 20th, 2009 at 5:46 pm
Capitalists own the State, face it.Its their State,its their Justice, its their Police, its their Army.
Every State Body is designed to meet their needs as the ruling Class they are.
Face it.
May 23rd, 2009 at 6:04 pm
Another bang-up job by a Bush appointee.
May 24th, 2009 at 4:02 pm
Sounds like a Wall Street con job so someone could make a lot of money. Just be glad it wasn’t Bernie Madoff who invested the money.
May 27th, 2009 at 6:15 pm
should they have.. of course hindsight is 20\20 are they legally liable for not doing so..
no not at all unless you can show they had proof it would go down.. which isn’t possible