Showing posts with label pension funds raided. Show all posts
Showing posts with label pension funds raided. Show all posts

Sunday, December 4, 2011

Portugal raids pension funds to meet deficit targets

Don't think this is unprecedented--and don't think it can't happen again.  It will--here and in every bankrupt nation. 

http://www.telegraph.co.uk/finance/financialcrisis/8932687/Portugal-raids-pension-funds-to-meet-deficit-targets.html