From Dr Joe Duarte….Pensions, Budgets, Municipal Bonds, And Property Taxes Are The Key Combination For Municipalities

| January 18, 2011

Dr Joe Duarte has a good feel for this…..With states cutting budgets across the board, where is the growth going to come from? In San Diego an interesting fight between the city and its unions is developing that could set the stage for how things work out in other places with similar problems. According to […]

Corporate Pension Underfunding Hits Record $460 Billion Deficit

| September 14, 2010

A $108 Billion Deterioration In ONE MONTH      09-14-2010 According to actuarial and consulting firm Miliman, in August 2010, the funded status of the 100 largest defined benefit pension plans sponsored by U.S. companies dropped by $108 billion to a 10-year low of 70.1%. Yes, that’s a $100 billion + deterioration in one month!  The […]

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