Nevertheless, the then Executive Director of the PBGC had publicly stated that while there were similarities between the federal savings and loan bailout and the pension bailout, one notable difference was the lack of fraud or mismanagement in the pension arena.

FORBES: PBGC Probes Wall Street's Role In Pension Failures

Maybe Galton's classic twins study was invalid: perhaps you cannot look at the similarities between identical twins, and those between non-identical ones, and conclude that the difference must necessarily be due to genes.

ECONOMIST: WHAT WE LEARN FROM TWINS: The mirror of your soul | The