One of the things I really hate about the whole situation, is that the pension funds are trotted out as a puppy.
“But if you default this company, then all these people will lose money on their pensions.”
Says the fund who bought into a water supply company and then (I assume) said nothing when plans for huge dividends based on loading it up with debt were announced.
Where are the geniuses who told us that siphoning money from public infrastructure to benefit foreign pension funds was a good thing?
One of the things I really hate about the whole situation, is that the pension funds are trotted out as a puppy.
“But if you default this company, then all these people will lose money on their pensions.”
Says the fund who bought into a water supply company and then (I assume) said nothing when plans for huge dividends based on loading it up with debt were announced.