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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: Maurice Winn who wrote (47998)3/31/2009 4:44:21 PM
From: gg cox  Read Replies (1) of 217901
 
Stay tuned Maurice, Ontario teachers reporting their brilliance on April 2.
Unfortunately for them, there should be gapping hole in the previous 108 billion under management .
Further adjustments, other than the last... to their long bond holdings of ""prudent"" rise of half a percent and abracadabra presto 12 billion deficit swept away by the stroke of the pen....might be required.

We will see what magic they will conjure up this time...but not to worry the taxpayers of Ontario will back their fully indexed pension to 8 percent a year with carry over of ballance to the next year.
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