News

Why Illinois teachers can shrug off stock market downturns

August 27, 2015

By Bill Bergman, includes "... The S&L crisis taught us that, under these conditions, there can be incentives to take higher risks with the assets in an enterprise, given that if the risks go well, the insiders (plan members and investment managers) get the upside, but taxpayers are left with the downside..."

Read the full article on: Reboot Illinois

 
 
comments powered by Disqus