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Re: jt6455 post# 11146

Thursday, 09/01/2016 1:33:48 PM

Thursday, September 01, 2016 1:33:48 PM

Post# of 13238
That's the problem,they hire these wiz kids to build these models to fit whatever scenario they want other than the actual market/facts.


I read many books over the years on how these so called models come to fruition,it's a joke.

Then the problem is, they change the standards at their whim and get away with it, with a nod/ok from the regulators,by claiming the worst case scenario (downward snowball) if they can't change the standards.

If the everyday person knew how bad of a shape their pensions were in,they would be very worried.That can of worms is YUGE.








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