By David Sirota, includes “Are taxpayers and retirees willing to give billions of dollars to financial firms in exchange for the potentially false perception of financial stability? … So did PERA pay $1 billion in fees between 2009 and 2016 primarily to avoid the ‘political issue’ of having to answer retirees’ uncomfortable questions about the ups and downs of the stock market?”
Read the full article on: Westword (Colorado)