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I'm not blaming the victims. The victims are people who are relying on the pension funds for their retirements. I'm pointing out that the managers who were ent
by spinlock 11y ago
I'm not blaming the victims. The victims are people who are relying on the pension funds for their retirements.
I'm pointing out that the managers who were entrusted to invest the assets of those funds deserve a huge helping of blame. These managers were supposed to be experts and were literally paid millions of dollars a year to manage the assets. They failed even the most basic test of competency and they should be held accountable for it. Why aren't we talking about clawing back their fees?