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Editor's Note: Promises, Promises -- Social Security and Pension Fund Investments
Financial AdvisorLink to more items from this source
[Opinion]
Jan. 5, 2005
Excerpt: For the last several months, The New York Times has run a series of fascinating articles on the problems that poorly funded defined-benefit pension funds are encountering across the nation. One of the more amusing articles was devoted to the investment results of two separate pension funds managed on behalf of the members of the Teamsters Union, which has long suffered from charges of rampant corruption. Well written by Mary Williams Walsh, the article described how one group of[.]

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