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  #41  
Old 08-21-2013, 01:38 PM
Wag, the Dog Wag, the Dog is offline
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Originally Posted by Gary Wright View Post
Well, that's pretty direct.

Where did C.E.F.M. go after he left the PBGC?
Managing Director of Pension Relations at Citicorp:

http://en.wikipedia.org/wiki/Charles_E.F._Millard

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Originally Posted by Ron Gebhardtsbauer
The new policy is still relatively conservative when compared to private pension funds, according to "Pensions and Investments", a trade publication. Ron Gebhardtsbauer, former PBGC actuary and head of the Actuarial Science Program at Penn State's Smeal College of Business, stated on June 16th, 2010, "If the PBGC had followed Millard and invested in stocks in 2009, it could have $10 billion more in assets today."
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  #42  
Old 08-21-2013, 02:02 PM
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$10 B > $.02.
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  #43  
Old 08-21-2013, 03:15 PM
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Originally Posted by Wag, the Dog View Post
Managing Director of Pension Relations at Citicorp:

http://en.wikipedia.org/wiki/Charles_E.F._Millard
Nice that the rear-view mirror works so well.
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Old 08-27-2013, 10:20 PM
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"If the PBGC had followed Millard and invested in stocks in 2009, it could have $10 billion more in assets today."
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  #45  
Old 08-28-2013, 03:13 PM
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Yes it is sad.
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