Why Pension Funds May Be The Next To Collapse: NPR.org

From John Curry, January 18, 2009

http://www.npr.org/templates/story/story.php?storyId=99346968&sc=emaf

Want to hear NPR's audio news discussing state pension funds and related problems including social investing (remember Josh Mandel, the AIPAC influence, and the divestiture that was shoved down our throats when Damon Asbury signed an agreement [brokered by then House Speaker Jon Husted] that the Board never had a chance to approve?), risky investments, and other items that we, as stakeholders of Ohio STRS, face and have faced? ...and then Mark Meuser, Mary Ann Cervantes, and Tim Myers voted FOR BONUSES at the Jan. 16, 2009 STRS Board meeting...give me a break! Oh, Don't forget Constance Ramser...she couldn't make up her mind! Maybe THEY should listen to this 6 minute NPR presentation's link above! You might even want to send it to them!

This presentation begins with a brief introductory "lead-in" but the article is worth the 30 second wait. Sounds a lot like Ohio STRS, doesn't it? The above was called to my attention by CORE member, Jim N. Reed. Thank you so much, Jim! It was well worth the time!
John Curry

*Listen/Watch on NPR.org* Many stories at NPR.org have audio or video content. When you visit the link above, look for a "Listen" or "Watch" button. For technical support, please visit NPR's Audio/Video Help page: http://www.npr.org/help/media.html
http://www.npr.org/templates/story/story.php?storyId=99346968&sc=emaf