Thread: Now that 'blue chip' stocks...
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BAR[_2_] BAR[_2_] is offline
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First recorded activity by BoatBanter: Jun 2008
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Default Now that 'blue chip' stocks...
wrote:
On Tue, 3 Mar 2009 21:42:13 -0500, "D.Duck" wrote:

Oh, and the Teamster's pension fund problems come to mind.

Which pension fund problems are you talking about?
I remember in the late 50s and early 60s RFK was trying to say the
Teamsters squandered the pension funds by investing in Vegas casinos
but those investments out performed the Dow.
I guarantee the Teamsters retirees are in better shape than the UAW
right now. My sister's first husband is a retired teamster and he is
doing fine.

Sounds like the Teamsters pension fund benefited from being used as a
laundry facility.
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