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That lost $22 million, if invested in Maine's forest product industry, would have brought hundreds of jobs and new plants to replace the lost pulp and paper plants. If it had been used to fund a new commuter aircraft design now ready for launch, it would have been the start-point for 400 new jobs in Maine. If the cash had been used to be seed capital for a new ferry-boat design, that would have launched yet another new industry with hundreds of decent jobs in Maine. Handing over the cash to private-equity thugs is easily the worst possible way to treat pension-fund money. Unreal.

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'Splain that if you can Lucy.

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