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Politics : Ask Michael Burke

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To: Mama Bear who wrote (57503)	4/26/1999 7:24:00 PM
From: per strandberg	Read Replies (6) of 132070

Mama B, Talking about market risks, have you read tonights "Market Rap"? What is really scary is the part that municipalities are trying to cover their pension obligations by selling bonds at over 6 percent and then trying to earn more by investing in the stock market. This is not just somebody risking his own money, this is gambling with other people's pension funds. I guess they got the idea from the Clinton administration. Imagine what would happen if there was a market crash! Regards Per S

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