Derivatives: Darth Vader's Revenge Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Derivatives: Darth Vader's Revenge

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter Singleton who wrote (51)	9/8/1998 12:18:00 PM
From: Worswick	Read Replies (1) of 2794

What a great article you dug up. These pension liabilities are in addition to the already broke US$9 trillion worth of existing Japanese pension funds.... that are now paying a guaranteed 4% to their plan members in an interest rate environment that generates no more than 1.5% in Japan. Let's see the spread here is 2.5% times $9 trillion. Gee. $222 billion a year... The stock holdings of these $9 trillion in asset pension funds are down at least 60% from the high of the Japanese market. ref yours: "Mr Tamura, who is one of only 300 actuaries in Japan compared with 2,100 in Australia, warned that the safety net for pension fund beneficiaries was "totally inadequate" and that there was no law which would protect the interests of beneficiaries". As I said Japan is broke. My best to you, Clark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next