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Argentina nationalizes $30 billion in private pensions
Posted by William Dwyer on 11/07, 9:49am
BRASÍLIA: On October 21st, Argentina's government said that it would seek to nationalize nearly $30 billion in private pension funds to protect retirees from falling stock and bond prices as the global financial crisis continues. Could we see a similar proposal within the Obama administration? I wouldn't rule it out.
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