Thursday, November 10, 2011

Muniland News Tsunami


Anonymous MH said...

The article in the Guardian quotes some guys (Norcross and VanMetre) who want to have states use 3.7% as an expected rate of return. Is that realistic? I suspect it would immediately make every pension system in the whole country insolvenent and is being suggested by somebody sharpening an axe.

Thursday, November 10, 2011 5:24:00 PM  
Blogger C. Briem said...

No. Concur. Probably.

Thursday, November 10, 2011 5:50:00 PM  

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