By Jon Cassidy, Watchdog.org, includes "... Pension funds traditionally avoided not just leverage but volatility of any sort, so as not to expose taxpayers to the cost of their mistakes. Now, many have begun seeking it out, for the opposite reason. Municipal pension funds across the country are at risk of collapsing, and see a high-stakes gamble as their chance to get back on their feet. ..."
Read the full article on: The American Spectator