Italian Pensions Sapped by Private Funds Bush Backed (Update1)

[Banjo]

Jan. 5 (Bloomberg) -- Italy did for retirement financing what President George W. Bush couldn’t do in the U.S.: It privatized part of its social security system. The timing couldn’t have been worse.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aty4gEh9wups&refer=home