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Pension insurer shifted to stocks

Concern increases as losses mount; Failing plans could overwhelm agency

By Michael Kranish
Globe Staff / March 30, 2009

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WASHINGTON - Just months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks. (Full article: 1339 words)

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