Pension Funds Quotes

“A good salesman knows you better than you know yourself. If you are Chinese, they will sell you yield. If you’re European, they will stroke your sense of superiority. If you’re an ambitious manager of an American pension fund, sitting on piles of money but bound by rules and regulations, they will find a kosher way for you to become the big swinging dick you always knew you were. And if you are an American hedge fund — a serious fund, not two guys and a Bloomberg — a smart salesman cuts the bullshit and both of you reach an understanding.”
― Katya G. Cohen, The American Spellbound

“.. Italian journalists (like members of the Italian parliament) are among the best paid in the world. ... By law, all journalists get not only the extra 13th month bonus in December, but a 14th month paycheck in June. When you start out, you nevertheless get 26 vacation days a year...plus five days of personal leave. After five years, your annual vacation days increase to 39 plus five days, and after 15 years to 35 days (plus five). Abs if you work for a lifetime, which means 35 years of social security contributions to INPG, you’ll end up with a pension that is pretty close to your final year’s salary.”
― Sari Gilbert, My Home Sweet Rome: Living (and loving) in Italy's Eternal City