The coming implosion of private and public pension funds may make the Fannie Mae/Freddie Mac boondoggle look like child's play.
A lot of people think their pension funds are safe. Well . . .
Anyway, this is worth reading. One of the reasons why commercial/investment real estate has been seeing a movement of pension and other retirement monies into well analyzed, properly managed investment properties.
The full story is at Reason magazine. Read it and pass it on.