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The article focused on the difficulties with San Diego's pension fund, problems being faced by public employee pension systems nationwide.
"I think this is going to turn out to be worse for the little investors than the mutual fund problems," he said.
On Wednesday, New Jersey became the first state ever charged with fraud by the Securities and Exchange Commission, for illegally papering over the pension fund problems in pitches it made to bond investors.
Bent's Primary Fund problems no doubt contributed to the Federal government's massive bailout, including $50 billion set aside as a guarantee for non-bank U.S. money market funds.
Now, as the biggest remaining hedge fund problems are sorted out, investors' attention will shift from apocalyptic scenarios for the financial system back to the relative merits of individual credits.
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I suggest you ask yourself two crucial questions to decide how to solve your own uncertainty fund problem. 1.
Will funding problems impact on patient care?
Preparations have been plagued by funding problems.
But – and no surprise here – it has hit funding problems.
But the project quickly ran into funding problems.
The nature of Morrissey's funding problems is not clear.
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