Retirement Savings in the Dark
For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
These are all the articles from the May/June 2012 issue that have been posted online. To see the full table of contents for this issue, go to https://www.dollarsandsense.org/issue-300/
Interest rate swap deals have allowed the big banks to hold local governments and agencies hostage for tens of millions of dollars.