, Columnist
Public Pension Funds Need to Show the Money
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Syndicated columnist David Sirota is on a mission to prevent public pension funds from investing in “alternative assets” such as private-equity and hedge funds.
In Salon this month, Sirota criticized these investments as “a transfer of retirement income to Wall Street.” In another column responding to a piece I wrote defending pension-fund investment in such alternatives, he characterized the practice as “con artistry.”