The Nikkei reports:
- The Tokyo Metropolitan Government will consider using a portion of its 4 trillion yen ($38 billion) in public funds to invest in stocks
- will form an advisory board of asset management experts as early as next month
Get this …
- The advisory board will discuss whether the Tokyo government can invest a portion of its reserves in stocks and elsewhere while avoiding the risk of losing money.
Oh yes, there’ll be plenty lining up to tell ‘em of ‘no risk’, ‘sure fire’ methods … just sign here … don’t forget your credit card details.
