That is just one finding of an exercise to measure the performance of sub-Saharan Africa's 48 countries, judged by five sets of criteria that are totted up and averaged out to give each country an overall governance score.

ECONOMIST: African governance

But they're not liable for the actual performance of the funds if they've exercised--and continue to exercise--due diligence.

FORBES: Attention 401(k) Slackers!

"Hiring decisions frequently involve the exercise of independent, subjective judgment about a prospective employee's likely future performance, " he said in a statement.

WSJ: Unemployed complain they need a job to find a job