Joseph N. DiStefano’s PhillyDeals column runs in The Inquirer on Sundays, Tuesdays, Wednesdays and Thursdays. He also writes the PhillyDeals blog, which you can read here.
- Many signs point to stronger economy
- Fund manager: Bear market in government coming
PhillyDeals: There's a disconnect between the pessimism that bosses have been showing since the election and this winter's tax hikes and the rising stock market.
- Corbett: School aid tied to pension savings
- Corbett: Reform Pa. pensions or face budget crisis
- Corbett stresses state pension crisis in 2013 agenda
PhillyDeals: It was an expensive throw of the dice: Back in 2006, the Pennsylvania State Employees Retirement System (SERS) and its board, headed by ex-state Rep. Nicholas Maiale (D., Phila.), gave more than $3 billion to six private investment firms so they could use it to buy high-priced hedge fund investments, in hopes of fat profits.
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