Bush legacy on pensions | Arkansas Blog

Monday, March 30, 2009

Bush legacy on pensions

Posted By on Mon, Mar 30, 2009 at 10:23 AM

The federal pension guaranty agency, acting at the direction of a Bush appointee with a Wall Street background, moved a chunk of its assets from bonds in stocks just in time for the market collapse. This could be big, analysts say. As in costly.

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