Political Quotes

Andy Biggs: It is the chasing of returns that is driven by the fact that a high return is imposed on them by legislatures.

On the recordApril 13, 2011
It is the chasing of returns that is driven by the fact that a high return is imposed on them by legislatures.
Said by
Andy Biggs
Republican · Arizona

Editor's note · Context

Biggs discusses the risks taken by pension funds due to legislative pressures for high returns.

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