7.29.2009

Aw, c'mon, Mister, doncha wanna buy some Treasuries?



"Lookie here! I got 5-year, 7-year, 10-year, 30! What could be more sound than the U.S. dollar? You know your buddy Timmy wouldn't lie to you!"

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Seems legit

WSJ : Calpers’ stock portfolio returned minus 13.1%, while bonds returned minus 14.5%, the pension fund said. Those losses delivered a doub...