Greek debt deal: what it means

So the ECB, the European Banks feeding trough, doesn't have to take a haircut so as to protect "tax payers" but pension funds get taken Greek style for a 74% loss on the bonds they hold. Why would anyone trust a pension fund that invests in government bonds? Run your own fund, invest in hard shinny things and sit comfortably.

Mar 8, 2012 by Euronews