Did Harbinger let Goldman Sachs cash out while an employee retirement fund had to eat its losses?

FORBES: Hedge Fund Abuses Hurt All Investors

Ostensibly privatized in the year 2000, NITC was bought by three Iranian pension funds: The State Retirement Fund (33%), the Social Security Organization (33%) and the Oil Employee Retirement and Saving Fund (34%).

FORBES: Connect

In bankruptcy court earlier this year, a judge ruled that Stockton could suspend payments on its bonds even while continuing to fund its employee retirement system.

WSJ: Steve Malanga: The Many Ways That Cities Cook Their Bond Books

Neglecting to fund a retirement plan or forgoing an employee stock purchase plan could have catastrophic results in losses of hundreds of thousands of dollars and delaying retirement for many years.

FORBES: Why Most Employees Make Up to 30% Less Than They Should -- Is It Happening to You?

On April 17th, the Northern Mariana Islands public employee retirement system became the first U.S. public pension fund to seek bankruptcy protection.

FORBES: Failure to Heed Early Warnings Led to First Bankruptcy of U.S. Public Pension

The goal is to motivate the employee to use the fiduciary expertise and start building more funds for retirement not how to pick a fund.

FORBES: 5 Characteristics of a Great 401(k) Plan