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"Pension Plans Say Thank You Subprime for Return to Overfunded "
The subprime crisis has an unexpected silver lining.
The resulting demand for high quality corporate bonds has improved the funding status of corporate pension plans. “The combined pensions of S&P 500 companies swung to a $63 billion surplus in 2007 after five years in the red, according to a May 19 report by Standard & Poor’s,” says Miles Weiss in “Pension Plans Say Thank You Subprime for Return to Overfunded. ”
By the way, this news article suggests a technique you can apply to your investment commentary. Write about an unexpected implication of a widely discussed phenomenon.