Is your pension a dump for "toxic waste"...?
LAST WEEK a major American investment bank called Bear Stearns was reported as having some serious trouble with a couple of hedge funds.
It is difficult to be clear exactly what is going on, because this story involves lots of people and banks who are not always very open. Commentators often gloss over the subtleties – perhaps because they themselves are not too clear. But this crisis is important.
The problems are of a depth and style which might – just might – signal the beginning of a very different financial era.
I've tried to get to the bottom of what's going on, and what it might mean. Our full report, in plain English, is now available in PDF format.
Simply click below to read it now...