I guess this is the flip side of all the grief that is starting to come down on fiduciaries for excessive – or at least what seems to plaintiffs’ lawyers to be excessive in hindsight – exposure to the subprime mortgage mess in pension and 401(k) holdings: pension plan fiduciaries now adding such exposure to their funds in the hope of goosing returns by buying these beaten down assets at fire sale prices (kind of like they are playing at being Jamie Dimon). Here’s the story, and thanks to my colleague Eric Brodie for bringing this development to my attention.