2010-10-15bloomberg.com

"New York’s $125 billion pension plan reneged on a $300 million commitment to Morgan Stanley’s real- estate investing group after the business reported losses and managers left, two people with knowledge of the matter said."



Comments:

catherine at 00:09 2010-10-16 said:
MARK MY WORDS, if you think lenders and brokers were greedy and evil and incompetent, WAIT UNTIL you see the guys who handled these TRILLIONS in pension funds, they are outright CROOKS. Look at the fees and the money for nothing.........PEOPLE WILL GO TO JAIL IN THIS ARENA................ Permalink

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