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Project Rise’s Los Angeles attorney, Thomas Watson, said during a hearing in the pension funds case that Skydance’s statement was based on “sloppy research.”

Thames Water is privately owned by a group of pension funds and investment firms.

One teenager said she was prepared to use her inheritance to fund liposuction, while another woman said she was using her pension funds and was willing to sell their house to fund her daughter's surgery.

Governments generally borrow money by selling bonds to big investors, such as pension funds.

They are mainly bought by financial institutions, such as pension funds.