For practically his entire 18-month term directing the obscure Pension Benefits Guaranty Corporation, Charlie Millard could not stop talking about his radical new plan to plow the majority of the agency’s coffers — which offer partial bankruptcy insurance to the retirement funds of 44 million Americans — into stocks, real estate and private equity.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=142576