[LESS INFO] 242 VIEWS | ADDED 20:17:12 09/02/11
Arguments pro and con an allocation to gold. Overwhelmningly in favor of buying gold, in the opinion of Larry Parks
Phony Risk Management
12 Views 03:06:44 08/26/11
The phony definition of the riskless rate of return results in grossly wrong allocation of pension plan assets on which Wall Street firm and banks make exhorbitant...
[LESS INFO] 12 VIEWS | ADDED 03:06:44 08/26/11
The phony definition of the riskless rate of return results in grossly wrong allocation of pension plan assets on which Wall Street firm and banks make exhorbitant fees. If the putative beneficiaries ever get the benefits and pensions they have been promised and which they have earned, it will be a happy accidet. Meanwhile the Wall Street firms get their fees NOW. Estimated early fees on nearly $10 trillion of US pension plan assets is about $100 billion per year.