Parastatals

On September 11 this year I attended a late-afternoon training session for my employer’s 401K program. The session was conducted by a representative of the company that manages the 401K accounts, a major financial institution that did not become a federal asset in the following week. The representative was a tall, blonde, perky woman in her late twenties. She talked very fast as she scampered about the splendid picture-window conference room just around the block from Wall Street. Sometimes she paused to hand out pamphlets or change the images on the PowerPoint screen that illustrated her presentation. The burden of...

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