Pension Shake Down
I was looking back and I re-read what I wrote in The Glory of Ignorance. I mentioned my beliefs in pensions back then and now we are seeing the pension problems.
Naked capitalism has a post pulling together pension articles from many sources. If the investment losses aren't enough, these posts are about the abuse of the management of pensions being used for personal gain. Think these guys that are set for life with the millions they made putting people's pension dollars in scary dangerous investments are going to give it back now that the pension money is lost?
You are your own best financial advisor.