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Pension bets not paying off

Nov 17, 2010 11:19:00 PM - chicagotribune.com
Public funds fall further behind after making risky investments

Trustees of Chicago's failing public pension funds have funneled hundreds of millions of dollars into highly speculative investments that not only have failed to realize outsize returns but also saddled them with underperforming, long-term assets that can't be sold off, a Tribune investigation has found.

USA, Illinois: (Latest Stories)