Risky Business: Pension $3 Trillion, TIPS Update, WaMu Case Study

May 24th, 2009 · No Comments

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U.S. Pension Crisis: the $3 TRILLION question - Jeff Nielson - … State and local governments had unfunded liabilities for retiree health-care of close to or above, $1 trillion, according to the Center for Retirement Research at Boston College…. This large, unfunded liability is totally separate from the roughly $40 TRILLION in unfunded health-care liabilities for the federal government.  However, with the U.S. housing collapse not yet at the half-way point (see “U.S. mortgage-crisis to get MUCH worse in 2010-11”), and losses from Wall Street’s Ponzi-scheme having already siphoned more than $10 TRILLION in hand-outs and pledges to the banksters, a new multi-trillion dollar, pension nightmare has begun. … - Bullion Bulls Canada

TIPS update - Deflation Risk Gone? - Scott Grannis - … One of the big stories this year—and one of the least reported—has been the disappearance of deflation risk. That is highlighted in the first chart here, in the area circled, which shows how the market’s expectation of future inflation has risen. … - Calafia Beach Pundit



Excellent - Lesson 2 from Failures in Silo Risk Management, Washington Mutual Inc. - Author: Donald R. van Deventer - very detailed.  If you worked at WaMu, you will find this interesting BC - risckenter.com

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