It’s hard to imagine a decision whose stupidity could dwarf that of Decca Records’, but indeed, that moment has arrived!
The Boston Globe informs us that:
“Just months before the start of last year’s stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided [...]
Tag Archives: stock market collapse
Dumber Than When Decca Turned Down The Beatles
Posted in Politics Also tagged bonds, Boston University, Charles E.F. Millard, Decca Records, Dubya, George W. Bush, Lehman Brothers, liability, Pension Benefit Guaranty Corporation, Richard Fuld, Richard Fuld needs another punch, The Beatles, wall street, Zvi Bodie Comments closed