(From the article) Louis Alimena, former President of the Local 707 Teamsters, a trucking and warehouse workers union, and former trustee of the Local 707 Pension Health Welfare Funds IBT told me, “Many of these Teamsters multiemployer pensions could have locked in an 8 percent return for fifteen years on assets when the pensions were already overfunded in 2000. Instead they chose to take unnecessary risks hiring active equity investment managers. That worked just fine for Wall Street but killed our pensions. I’ve asked the Department of Labor to investigate but the DOL is doing nothing.” Operative word. CHOSE. There's no investigation needed to find blame. The Fund CHOSE irresponsibility and the easy path that supposedly would make them rich, and lost the money. It's not Government's job to find anything, in this case.