Put another way, they pretended to fund pensions by purchasing securities that w... | Hacker News

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jessaustin on Feb 17, 2023 | parent | context | favorite | on: One of the biggest landlords in Los Angeles just d...

Put another way, they pretended to fund pensions by purchasing securities that were cheaper than actually funding pensions.

cjrp on Feb 17, 2023 [–]

I'd be interested to see the breakdown of a pension fund; is it sustainable with "safer" investments, what sort of margin is the pension fund owner making, etc. I have no real idea.

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