Diddums!

It has been a lousy three months for hedge funds.

I hope I didn’t hear you say “diddums” – because it is possible, you know, that a bit of your wealth is being managed by a hedge fund, via your pension scheme. Robert Peston, BBC.

Doesn’t Peston realise that some fucker ran off with our pension money long ago – probably a hedge fund manager – instead of pension contributions I’d have done better to have spent the money then at least I’d have had something to show for the fruits of my labour.

Am I the only one that lays the blame for the current pension crises at the feet of regulators when the allowed companies to take pension holidays because the funds were awash with money – oh those where the days – instead of pensions we’ve now got one of the largest wealth gaps in western Europe as the rich used our pensions to line their pockets and now they’re coming for public sector pensions.

No you don’t hear my say “diddums” – it’s not the first word that springs to mind – far too mild a word for what I’m thinking.

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