And why be prudent just to make sure the bank is in good shape in the future (when you won't be working at it) when you can get massive bonuses yourself right now? Peak oil is not an energy crisis. It is a liquid fuel crisis.
wtf? ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
So they take lots of money from taxpayers, give them to private equity who buy up Swedish companies, thrust upon them a debt burden huge enough to bankrupt them, and then take all the money and give it not to the pension funds but to the private equity executives in the form of giant fees.
It's truly perverted. Peak oil is not an energy crisis. It is a liquid fuel crisis.
It's mainly a media thing, nothing to care much about. Peak oil is not an energy crisis. It is a liquid fuel crisis.
