Hawaii State Employees Pension Fund Raided!

[Guest]

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Originally posted by Bob Orts

It's a very common practice for pension funds to invest in commercial/industrial/office real estate. You'll be surprised how many large commercial office buildings are owned by pension funds. Unless something underhanded is going on (kickbacks, bribes, nepotism, etc) purchasing these types of real estate as a long-term investment is considered appropriate and proper practices for pension funds.

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Thanks for the reply Bob -

So then do the Hawaii State Employees then get jacked if the investment falls through or the "purchased assett" loses money or value?

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