Quote:
Originally Posted by Villages Kahuna
**snip** As I've said before, credit officers at many lenders (the Indiana teachers and police retirement funds, almost certainly) will be applying the old idiom, "Fool me once, shame on you; Fool me twice, shame on me".
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Is the Indiana pension fund blameless?
Buying Chrysler debt as late in the game as they did was a highly speculative investment. What happened to their fiduciary responsibility to Indiana's taxpayers?
Indiana's treasurer, Richard Mourdock, has had his investment/gamble in Chrysler backfire on him-- not once, but repeatedly --and will probably lose his job in the next elections.