The Hidden Wall Street Fees That Could Be Costing Pensions $20 Billion a Year

http://www.governing.com/topics/finance/gov-pensions-come-terms-with-hidden-fees-some-say-annual-exceeds-20-billion.html

The fees public pension plans pay Wall Street money managers — some of which go unreported — have come under increasing scrutiny in recent years. It’s estimated that disclosed and undisclosed fees cost public plans upwards of $20 billion annually,

Thanks. God bless.

Aaron.

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