Saturday, November 29, 2008

FLA State Pension and Insurance Funds Also At Risk

My bold: "Dec. 4 (Bloomberg) -- Florida's pension fund owns more than $1 billion of the same downgraded and defaulted debt that sparked a run on a state investment pool for local governments and forced officials to freeze withdrawals.

forum.themarkettraders.com/read-m/26/12125/12139#msg-12139