Economy Mar 02

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Earth to Paul: Wisconsin is Not Rhode Island!

EDITOR'S NOTE: Paul has spent the past few days responding to some of the many questions and comments we received regarding last week's broadcast story, "In Tiny Rhode Island, a Massive Public Pension Crisis Looms" and the Making Sen$e…

Economy Mar 18

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Why Are Pension Funds Investing in Hedge Funds?

Question: Why were pension funds allowed to “invest” in a hedge fund? Hedge funds are nothing more than gambling. Paul Solman: Because pension funds are supposedly big enough and therefore sophisticated enough to know what they’re doing and take considered…

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