AN ANSWER TO A LONG ASKED QUESTION

Since the early days of the current crisis I’ve been asking “How could all these Investment managers of Pension Funds  been suckered into these funny money schemes”?  The answer is probably here.  Hundreds of Trillions world wide was put into these scams in pursuit of a little more returns supposedly .  What more than likely happened as this article points out and will undoubtedly be proved by all these AG that there were heavy payoffs, and political pressure put on these managers to buy into these scams.  Watch out now, don’t be surprised if Andrew Cuomo comes under investigation for hookers or some other nonsense.

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Explore posts in the same categories: INVESTMENTS, IT AIN'T STUPID IT'S CRIMINAL, mortgage crisis, PERFECT STORM, STICK IT TO EM, stiffed again

One Comment on “AN ANSWER TO A LONG ASKED QUESTION”

  1. Junior Says:

    I’ll tell you why, Tiger. They weren’t sucked in. Like all pyramid schemes, the heavy players got out early.


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