Sarasota News Leader
September 13, 2013
Page 41
supposed to be securitized. These are nothing-backed securities and do not meet the requirements of the IRS for pensions to invest
in them," she pointed out.
All except Charney, that is. She has retired to
Venice. "It's my give-back to the community
that helped raise my children," she told the
audience.
But sophisticated bankers and financiers
outpaced and outfoxed federal regulations.
It is, as she put it, "Full employment for lawyers time."
"I'm begging the city and county to provide
homeowner and consumer education," she
added. "I have no interest in making money. I
only want space to provide this very sophisticated education." %
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