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Tuesday, December 16, 2003

So how deep does the financial rot go, anyhow? 

Jim Wasserman of AP writes:

[CALPERS], the nation's largest public pension fund announced Tuesday it is suing the New York Stock Exchange and seven trading firms, alleging fraudulent practices cost it millions of dollars.

And these guys want to privatize Social Security... Why, I wonder.

(One thing you can be sure of: Whoever rippped off the pension money donated a chunk of it to Bush.)

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