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Author Topic: Corruption in Government  (Read 12167 times)

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AGelbert

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Re: Corruption in Government
« Reply #690 on: July 13, 2018, 04:51:38 pm »
Truthout

July 13, 2018


Exploiting Pensions, Wall Street Cost Taxpayers $624 Billion Over Last Decade

Jake Johnson, Common Dreams: In a frenzied bid for higher profits in the decade following the 2008 financial crisis, Wall Street pension fund managers have siphoned as much as $624 billion from Americans' retirement savings -- and, as a direct result, taxpayer coffers -- through a vicious combination of high fees and foolish investment strategies.

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Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. Pr. 13:12

 

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