For Retirees, Selling Pensions A Risky Bet | WKNO

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For Retirees, Selling Pensions A Risky Bet | WKNO:

"If something about this seem familiar — taking what has traditionally been a safety net for consumers and turning it into a possible investment for Wall Street — you'd be right, according to Lawrence J. White, a professor at NYU's Stern School of Business.

He says there are some similarities to mortgage securities."

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