She points to one of her successors in the social history department who, thanks to pre-crash funding, has been able to work with young people and those with mental health problems.
Although Hughes was hurt by the crash her fund, has consistently outperformed other Canadian balanced funds over the last 10 years.
In the run-up to the 2008 crash, his fund made $15bn ,by speculating on the forthcoming collapse.
Only a small fraction of the €240bn (£170bn) total bailout money Greece received in 2010 and 2012 found its way into the government's coffers to soften the blow of the 2008 financial crash and fund reform programmes.
In early 2000, before the tech crash, the fund had amassed assets of $43 billion.
So far Britain's workers have poured £226m into Nest, and with global stock markets recovering from the financial crash, the funds have performed healthily.
Drawn by the prospect of double-figure profit margins on rents and the resale of homes whose prices plummeted in the crash, hedge funds, Wall Street investors and other institutions are crowding out individual home buyers.
To stimulate this reporting, the Columbia Aging Center at the Mailman School, in concert with the Columbia School of Journalism, organizes the annual Age Boom Academy, a three-day crash course funded by the Atlantic Philanthropies that brings together leading experts on aging and journalists interested in the issue.
As we experienced after the crash, investor funding dried up.
Even after the crash, many funds have not changed their high expectations for returns on their investments, an accounting decision that shrinks the stated size of the pension liability.
