>BACK PAGE - FIRST SECTION: US pensions sleight of hand is making investors >nervous
I'd like to see somebody's model of an economic recovery in which mortgage rates remain eternally low but rates of return on pension assets snap back smartly to late 1990s boom-time levels. "The anti-gravity generator goes right over there, next to the perpetual motion drive belt." Presumably it runs on electricity. Cheap, clean and reliable. And if it doesn't work, blame it on the weather. Who could have predicted it would get hotter? Tom Walker 604 255 4812
