Sources

Abnormal Returns: Tuesday links: optimal financial regulation

The Economist: Heads I win, tales you pay http://t.co/5mmIgXPU #economist

Allison Schrager: State pensions and private equity: Heads I win, tales you pay | The Economist http://t.co/HrbaV4SL

Reminder: Corporate pensions are at record levels of crappyness too

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