Tuesday, November 18, 2008

Florida pension fund loses a quarter its value - Yahoo! Finance

Florida pension fund loses a quarter its value - Yahoo! Finance: "TALLAHASSEE, Fla. (AP) -- Florida's public employee pension plan has lost more than a quarter of its peak value, but Gov. Charlie Crist and other officials Monday said the fund is built for the long haul and there's no need to panic."
--------------
They only lost $38 billion, so what's the problem?

No comments: