a. The city is now broke because of its pensions. b. Defined-contribution plans would prevent politicians from

Question:

a. "The city is now broke because of its pensions."
b. "Defined-contribution plans would prevent politicians from buying votes in a state."
c. "Public pension funds govern corporations but also need to govern themselves. ."
Interpret the above statements made by Wall Street analysts and managers
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...