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YOUR PENSIONS

AND YOU HAVE NO IDEA | 17.11.2005 19:42 | Analysis | Workers' Movements | World

Pensions in this country

PENSION FUNDS IN THE UNITED KINGDOM ARE HEAVILY INVESTED IN HEDGE FUNDS [JUNK BONDS AS THEY USED TO BE KNOWN AS IN THE 1980's
WITHOUT THE KNOWLEDGE OF WORKERS.
THE TRUSTEES GET ADVICE FROM THEIR COLLEAGUES IN THE HEDGE FUND WORLD AND PUT ALL YOUR HARD EARNED MONEY ON THE HORSES TIO SEE IF GOODBOY WILL COME IN FIRST AND MAKE THEM A QUICK PACKET OR LOSE ALL YOUR MONEY AND GO BUST.

SORRY, THAT IS A BIT UNFAIT BECAUSE HEDGE FUNDS ARE NOT QUITE LIKE HORSE RACES, THEY ARE A BIT MORE TURBULENT; THEY CAN GIVE A DIVIDEND, FEE, INTEREST, EXTRA MONEY, GROWETH, CALL IT WHAT YOU WILL, OF A RANGE FROM !%% TO "%.

SO WHAT DO YOU WANT< A BET ON THE HJORSES WITH YOUR FUTURE OR WOULD YOU RATHER BUY YOUR OWN PENSIONS?
THAT IS ON THE GRAPEVINE. OK'D BY THE LEGAL PROFESSION WHO GET A BIT OF YOUR MONEY IN ASDVICE FEE AND THE HEDGE FUND MANAGER WHO ALSO GETS A BIT OF YOUR PENSION.

AND YOU HAVE NO IDEA

Comments

Display the following 3 comments

  1. Oh, I see — Amused
  2. Not quite — Nigel Lawson
  3. Lower case please — Herby Spiral