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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (42684)12/13/2005 1:34:39 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
Seattle times reports that the State of Washington created a perk in which pensioners got a permanent boost when stock market returns exceeded a certain threshold. If returns soured, it was status quo. Kind of like a free call option. Sign me up.

State is now 5 billion dollars in the hole.

seattletimes.nwsource.com