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Apr 4, 2009

Bronner to the Rescue

State Treasurer Kay Ivy's beleaguered PACT program may be rescued by RSA's David Bronner. So says Dave White in a Birmingham news story this morning. But the current do-nothing board overseeing PACT would be eliminated, and Bronner would run things. Considering how well the RSA holdings have done despite the collapse of so many retirement "plans" (how is your 401k?), I'd say Bronner may be just the white knight PACT needs.

1 comment:

  1. Funny thing, isn't it, how great minds think alike?

    Just days ago, I was thinking the same thing! That is, that David Bronner should take over the PACT fund.

    Bronner's da' man!

    (And this is Kay Ivey's rope. Her political career is OVER! Imagine the questions - 'Mrs. Ivey, since as State Treasurer you oversaw the failure of the PACT - a financial vehicle - why should the people of Alabama trust you?')

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