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A comment on Lambda School fined $75k by CA for operating without state approval [pdf]. Parent comment

Re:Lambda School fined $75k by CA for operating without stat... by adamc on Monday July 29, 2019 @05:36PM (#20559695)
Destroyed the pensions of many people, though.
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Re:Lambda School fined $75k by CA for operating without stat... by lozenge on Monday July 29, 2019 @06:40PM (#20560224)
Why are Americans invested in their own employer? It serms excessively correlated. My company pays my pension into index funds.
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Re:Lambda School fined $75k by CA for operating without stat... by zerkten on Monday July 29, 2019 @10:24PM (#20561585)
This has changed for many large US companies when it comes to their 401k plans which are often the main vehicle for retirement savings (https://www.thestreet.com/story/13151412/1/how-your-retireme...). There are still many opportunities for a poorly balanced portfolio.
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Re:Lambda School fined $75k by CA for operating without stat... by bm1362 on Monday July 29, 2019 @09:20PM (#20561222)
Hedge funds bought shares because of the cooked books and unreal returns.
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Re:Lambda School fined $75k by CA for operating without stat... by 0x8BADF00D on Monday July 29, 2019 @11:55PM (#20562020)
Many are too lazy to do the research, and sadly, many lack basic financial literacy.
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