PensionTsunami.com is a project of FACT -- the Fullerton Association of Concerned Taxpayers. FACT's primary focus is on California's public employee pension and OPEB crisis, but we also monitor the world of corporate pensions and any developments in Social Security since it is taxpayers who will ultimately be responsible for making up deficits incurred by any of them. We also try to monitor international trends. FACT's president is Jack Dean; he is also the editor of PensionTsunami.com. You can e-mail him at JackDean(at)PensionTsunami(dot)com.
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I just received this outstanding comment from Less Antman on the causes of the current financial meltdown. Less is a long-time friend who is also a CPA and a registered investment advisor:
Many people say the housing crisis and subsequent credit meltdown were caused by inadequate regulation: they’re right. In a free market, business behavior is […]
