Another Mission Accomplished

From the smoldering ruins of the clown show known as the Bush Administration comes the Boston Globe story that:

Just months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks.

The person in charge of the Pension Benefit Guaranty Corporation was a former Lehman Brothers managing director. So the fund that's supposed to bail out failing pension funds may need a bailout. Of course the claim is the PBGC had to change its investment strategy to avoid a bailout.

Heckuva job.