Hints and tips:
...Olivia Mitchell, a professor at the Wharton School at the University of Pennsylvania, told FTfm last month that US public pension plans face “grave difficulties”....
...But Devin Nunes, a US Republican congressman, is trying to make sure this does not happen. He proposed a bill in March to ensure the federal government cannot rescue insolvent public pension funds....
...Mitchells & Butlers fell 1.4 per cent to 276¾p after Goldman Sachs added the stock to its “conviction sell” list....
...“If you look at some of the valuations, you wonder what fantasy of revenues they’re based on,” said Mitchell Kertzman, a partner at Silicon Valley venture capital firm Hummer Winblad....
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