Comments on: Alternative Viewpoints: Pension buyouts can make the bailout plan look small http://allaboutalpha.com/blog/2008/10/05/comment-pension-buyouts-make-the-bailout-plan-look-small/ Hedge funds, portable alpha, 130/30 and alpha-centric investing Fri, 26 Feb 2010 22:59:35 +0000 http://wordpress.org/?v=abc hourly 1 By: Trig Hansen http://allaboutalpha.com/blog/2008/10/05/comment-pension-buyouts-make-the-bailout-plan-look-small/comment-page-1/#comment-138956 Trig Hansen Thu, 16 Oct 2008 03:14:51 +0000 http://allaboutalpha.com/blog/?p=3524#comment-138956 If we concentrate pensions in a few companies, don't we run the risk that if those handful of companies failed, our pensions would as well? As we have seen, aggressive financial engineering and "portfolios run on an absolute return basis", "and the demand for superior risk-adjusted returns from managers", has caused the world to fall into the worst financial crisis in since the thirties. Good luck to those whose pension is "bought out". Tthe government will probably bail you out in 5 years...hopefully there is enough money left over. If we concentrate pensions in a few companies, don’t we run the risk that if those handful of companies failed, our pensions would as well? As we have seen, aggressive financial engineering and “portfolios run on an absolute return basis”, “and the demand for superior risk-adjusted returns from managers”, has caused the world to fall into the worst financial crisis in since the thirties.

Good luck to those whose pension is “bought out”. Tthe government will probably bail you out in 5 years…hopefully there is enough money left over.

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