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京大カタカナ部

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詳細 2008年3月20日 01:32更新

He compared money managers who promise double-digit returns to the queen in “Alice in Wonderland,” who proclaimed, “Why, sometimes I’ve believed as many as six impossible things before breakfast.” Mr added, “Beware the glib helper who fills your head with fantasies while he fills his pockets with fees.”

Mr. pointed outsome companies with plans in both and the United States assume on the American plans than the European ones.

“This is puzzling,” he . “Why should these not put their U.S. managers in charge of the non-U.S. pension sets and them work their magic on these assets as well? I’ve seen this puzzle explained. But the auditors and who are charged with ting the return see to have no problem with it.”

“What is no, however, is why C.E.O.s opt a investment assumption: It lets them report high earnings. if they wrong, as I believe they are, the chickens won home to roost until long they retire.”

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2008年3月1日

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ビジネス、経済